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Cheap Containers Quickly Snapped Up

Tuesday, 1st September 2009
Shipping container prices fluctuate from month to month and this can often be puzzling for those looking to buy a container for the first time. There are many reasons why the price of shipping containers can change. The main material used in the construction of a container is obviously steel. Steel prices vary daily as with any other commodity and the factories are quick to adjust their prices to suit. The same can be said for the other materials used such as timber, rubber or paint however steel prices seem to be one of the main drivers in determining price. Most new containers or indeed large batches of used containers are sold in U.S dollars and the exchange rate can also have an effect on the price. In general when containers are sold in bulk the seller will set the price according to the cost to replace those containers from factory, or the price when originally bought less an amount for each year they have been in stock. Damages and or repair costs may also be factored in. Again if the containers were originally bought at a low cost then the result could be cheap second hand containers. However if the owner paid a high price to begin with and the market at time of sale to replace them remains high then these costs have to be passed on.

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