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Undercover buyers say the price of an ''eight-ball,' or three and a half grams of cocaine, has risen in Queens from $105 to $125 to $150. They're going to say, 'Let's take advantage of this.' ''Cocaine prices have not risen in other regions, he said, and ''we're not seeing any disruption in the pipeline'' from Colombia.The jump in local wholesale prices seems to be having a spotty impact on street sales. Chretien, the Drug Enforcement Administration's assistant administrator for intelligence, said in a telephone interview from Washington. But some investigators said they suspected that other New York distributors were raising their wholesale price, while telling customers that the seizure in Queens and a separate police offensive against drug dealing in upper Manhattan had created a serious shortage of cocaine.''What we're seeing is some entrepreneurial gouging,'' Craig N.
Crusco, the chief of narcotics investigations for the Queens District Attorney's office. And a trafficker in the Bronx recently demanded $35,000 a kilo.The wholesale price of a kilo of cocaine in Queens has increased to $30,000 from $17,000 a month and a half ago, according to Peter A. But, she said, ''In the past, the traffickers have played with the market to make a profit after a major seizure.''The officials say that they do not know how long cocaine prices will stay high, adding that it could last for days, weeks or a few months until retail dealers cast about for other sources of supply as far afield as California.Last fall, cocaine prices in Manhattan were scraping against $18,000 to $19,500 a kilo (2.2 pounds), with undercover officers making the occasional buy for as little as $16,000.But undercover investigators said the asking price had dramatically rebounded to $33,000 a kilo in Manhattan from $20,000 earlier this year.
Gonzales and eight others were arrested, Mr. He said it was unusual because traffickers had taken to moving cocaine in much smaller loads to minimize the risk.The trailer search and two related seizures of 580 pounds of cocaine in Queens triggered the arrest of Geraldo Gonzales, a Mexican citizen identified by law enforcement officials as a major cocaine trafficker.When Mr. ''I haven't seen it skyrocket like this for some time.''The wholesale price for cocaine began rising about the time that police officers and Federal drug agents in Queens searched an 18-wheel trailer with Texas license plates on March 7 and 8 and found almost 3,600 pounds of cocaine concealed inside a load of 60,000 pounds of carrots.The investigation took seven months and resulted in the largest cocaine seizure of the decade in New York, Mr.
You used to be able to maneuver around that.''From 160,000 to 200,000 New York State residents use cocaine at least four times a month, the State Office of Alcohol and Substance Abuse Services estimates.
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