Are current ammunition prices elevated because of poor supply or because of increased demand?
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Are current ammunition prices elevated because of poor supply or because of increased demand?
I'd say it's more on the demand side.
Definitely. Lead prices are near their 10 year low (LINK).
Copper price is a big part of the expense--cases and bullet jackets.
The same geniuses hoarding toilet paper are probably the ones cleaning out the ammo.
But I reload, so I haven't noticed.
Yeah, haven't noticed lately since I bought up last year to hold me for a while. Looking at my usual supply, www.sgammo.com, several in stock options in 9mm 124 (S&B, BB) are around $0.27 a round. Compared to the $.18 a round last year. I would surmise this is due to demand as it would have hard to fathom raw materials or production costs increasing by a third over a relatively short period of time.