Negative prices occur from time to time in the electricity market because some types of power plants are slow to ramp up and down. So if demand falls too rapidly, spot electricity prices can negative.
Negative prices occur from time to time in the electricity market because some types of power plants are slow to ramp up and down. So if demand falls too rapidly, spot electricity prices can negative.
Stuff that didn't sell was called "Flush Out" and had to be disposed of.
You couldn't legally just dump the contents without paying money so I made an app that let employees get cases for shipping costs. It was popular, even though we were usually talking about weird flavours that no one liked (stuff akin to Apple Ginger ale)
They eventually got rid of it, but I was already out of the company so I didn't know the reason.
I know this is beside the point, but Apple Ginger Ale sounds legitimately awesome. I’ve never seen that flavor before, but now I really want to try it haha.
In retrospect I miss the teas from Japan more than any of the weird flavours we had. Thankfully one can make them oneself but there is something special about going to a corner store and having relatively healthy options instead of a hundred flavours of sugar water.
It was near the beginning of the pandemic, due to the demand shock of everything shutting down.
There were probably practical ways to profit off the low prices (assuming the risk of them not recovering), but I never did figure out something that would work for a retail investor.
(which is a pretty big ask, of course, and maybe free labor to pick it up up and move it into the truck...(
But there also has to be a cost (or other liability) to keeping it, or you could just wait for demand to arise. (There generally is some kind of inventory/warehousing cost. But just saying.)