If you feel $0.28/lb or $560/ton is the real price
Post# of 43066
Posted On: 10/05/2014 11:37:30 PM
If you feel $0.28/lb or $560/ton is the real price and not low based on the ad you specifically chose, that's certainly your right to use in your assumptions.
" (2,000 / 8 ) x .75 x $ 3.73 (retail price of diesel in Ohio 10/01/14) = $699.37. That looks like a rough return of almost 25%. "
Again, you used the retail price of diesel which also includes taxes. If you have a constant supply of diesel to sell, you can sell that at most for spot prices, currently $2.70/gallon for diesel. To get your $3.73, you need to set up and operate a gas station to collect about $0.50/gallon extra and also cheat the government out of their $0.52/gallon tax.
"There were also examples given for sellers of HDPE who would stand to profit by selling the output for spot pricing of diesel instead of selling the HDPE for the price they were asking....any comments on those?"
If those sellers can turn whatever plastic they have into salable diesel, they have every right to sell that diesel at the spot price. The same goes for PTOI--if PTOI can actually turn any plastic into salable diesel, there's no reason why PTOI couldn't also sell that diesel at the spot price.
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" (2,000 / 8 ) x .75 x $ 3.73 (retail price of diesel in Ohio 10/01/14) = $699.37. That looks like a rough return of almost 25%. "
Again, you used the retail price of diesel which also includes taxes. If you have a constant supply of diesel to sell, you can sell that at most for spot prices, currently $2.70/gallon for diesel. To get your $3.73, you need to set up and operate a gas station to collect about $0.50/gallon extra and also cheat the government out of their $0.52/gallon tax.
"There were also examples given for sellers of HDPE who would stand to profit by selling the output for spot pricing of diesel instead of selling the HDPE for the price they were asking....any comments on those?"
If those sellers can turn whatever plastic they have into salable diesel, they have every right to sell that diesel at the spot price. The same goes for PTOI--if PTOI can actually turn any plastic into salable diesel, there's no reason why PTOI couldn't also sell that diesel at the spot price.
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