Another round of metal polish and wood cleaning for the #Hondo880. Now it only needs strings and tuning.
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Coking coal prices just crossed over 150 $/tonne. 15% up this month alone. The futures curve has steepened further into backwardation.
Steel sits comfortably above 5 000 yuan/tonne, and is yet to catch up with coal.
But with China bracing for brown-outs, watch out for aluminium. It is "only" 23% up for the year. Looks like a rocket ship on the launch pad. #inflation
Now comes the most critical step in this first #Hondo880 repair story. Using the E and G strings plus a sewing line along the middle I could get to a perfect neck alignment. Then inserting the 6 mm drill bit through the body loopholes I marked the exact points to drill in the neck.
The #Hondo880 repair story goes on. With the replacement neck down to the correct size, it is now time to install the machine heads.
The first task was to fit in the casings. Even though the loopholes have the same width as the original, it took some sanding and hammering to get the casings in place.
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Last week I was busy applying a wood finish to the sections of the #Hondo880 replacement neck that were filed and sanded to the right size.
Try as I might, fine sanding the "lacquer" never brought up the gloss, not even the faintest satin. Sourcing the right products in a foreign land can easily lead to these misunderstandings.
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The #Hondo880 saga continues with grinding and sanding to bring the replacement neck down to the correct dimensions.
#Inflation is not restricted to commodities. Observe for instance how the cost of seaborne freight has spiked too.
Yesterday evening I was checking the trends in commodities markets and ended up making the chart below.
This is the sharpest rise in commodities prices since at least the beginning of the Iran-Iraq war.
Most agricultural commodities have not moved yet, but from past #inflation episodes one should expect them to trail fossil fuels.
Also worthy of note is steel, which is yet far from catching up with the hikes in coal and iron ore.
Interesting times ahead.
Today was polishing time in the #Hondo880 repair story. The machine heads, albeit of decent quality, had their dose of tarnish.
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