Increasing the value of the motor from Castle?

Originally Posted by DwightSchrute

it also kinda makes me wonder if Caslte is just the first US company that has to hike up the prices...i wonder if novak and tekin will follow suit.


kinda seems like China has the monopoly of neodymium right now and with more and more hybrids needed, they can charge whatever they want to. i think i read they support something like 90% of the world's supply.....

that sucks ass.

Yes we are being forced to do the same thing. It is scarry how much the price of neodymium is going up. From what I understand prices are being quoted on a weekly basis.

Bob Novak

[Pdelcast]

Originally Posted by Bob Novak

Yes we are being forced to do the same thing. It is scarry how much the price of neodymium is going up. From what I understand prices are being quoted on a weekly basis.

Bob Novak

Bob,

If you are getting 1 week on pricing, you are lucky! We are getting only 24 hour quotes currently. Pricing on magnets has increased by 30% in the last week alone. (magnet pricing seems to be lagging the raw material prices by about 3-4 weeks.)

However, Neo pricing seems to FINALLY be leveling off. We'll hope it holds.

Patrick

[FG101C]

Imagine what a NEU will cost now. I just got my Baja conversion kit from DDM for $475.00 shipped with a v2 XL..... score. Hopefully what I have holds up cause the price increases are nutty.

Just think it wasn't that long ago Castle had all those motor's at giveaway prices, if only we knew what lied around the corner.

[Pdelcast]

Originally Posted by FG101C

Just think it wasn't that long ago Castle had all those motor's at giveaway prices, if only we knew what lied around the corner.

I keep thinking the same thing.... If only I knew a year ago what was coming... I'd be a rich man.

This link was posted on r/ctech.net forum and I think it`s relevant to the discussion

http://www.mnn.com/earth

http://www.youtube.com/watch?feature...YbSjVrVQ#at=54