1. Attention: We have put together a thread with tips and a tutorial video to help with using the new software. Please take a moment to check out the thread here: Trapshooters.com Tutorial & Help Video.
    Dismiss Notice

Raw Lead Price This Morning

Discussion in 'Shooting Related Threads' started by Cray, Jun 25, 2012.

Thread Status:
Not open for further replies.
  1. Cray

    Cray Member

    Joined:
    Jan 29, 1998
    Messages:
    470
    Raw lead price as of this morning is $00.805. Let's hope a bag of shot this winter will be back to $25.00. Cray
     
  2. doc boc

    doc boc Member

    Joined:
    Jan 29, 1998
    Messages:
    414
    echo that doc
     
  3. Lawman214

    Lawman214 TS Member

    Joined:
    Dec 20, 2011
    Messages:
    54
    Not if it works like oil, it won't. Even though crude prices are down considerably, here in the Midwest we have seen gas prices go up $.40/gal in the past month.
     
  4. WilliamMR

    WilliamMR Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,120
    Location:
    Munster, IN
    I guess it depends where in the midwest. This past weekend I filled up for $3.28 a gallon in NW Indiana.
     
  5. grntitan

    grntitan Well-Known Member

    Joined:
    Mar 25, 2009
    Messages:
    17,232
    Location:
    IL(The gun friendly Southern Part)
    The days of $25/bag for new shot are gone fellas. it just ain't gonna happen again. Of course I'd love to be able to admit I was wrong though. Hold me to that...........
     
  6. perga1

    perga1 Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,474
    In June of 09 I paid $18/bag for West Coast Magnum shot and lead was at approx. $.75/ lb then. Maybe we will see $25/bag if it stays down a while. It looks like warehouses have historically high inventories which should play well for the price dropping further, I hope. Jim
     
  7. minnship8

    minnship8 Well-Known Member

    Joined:
    Jul 25, 2011
    Messages:
    1,115
    Perga,
    I need to understand how this might happen. At $.75 per pound, a 25 lb bag would cost $18.75 in just raw lead.

    Regards,

    Chip Porter
     
  8. skeeljc

    skeeljc Supporting Vendor Supporting Vendor

    Joined:
    Aug 27, 2007
    Messages:
    3,753
    Location:
    Terre Haute Indiana
  9. perga1

    perga1 Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,474
    I can't answer that. The prices quoted are spot market prices. I am told that long term purchases, I assume under contract, are lower. I just know I paid $18 in June of 09. It was the last lead I purchased until this year. Perhaps it was NOS. JRM
     
  10. autogun

    autogun Member

    Joined:
    Mar 17, 2008
    Messages:
    211
    In May 09, the spot price of lead was hovering around 50 cents per pound. I have a price sheet from a gun club bulk buy from March 09 showing West coast at about 21$ per bag. And lead did go down a little more.
    Since raw lead has been going down, China is slowing, Europe's not out of the woods, I would not be rushing out to buy 30+$ lead.
     
  11. KENENT1

    KENENT1 Active Member

    Joined:
    Jan 29, 1998
    Messages:
    1,393
    Location:
    Beloit, WI
    Chip....they make up for the loss in volume...


    tony
     
  12. Cray

    Cray Member

    Joined:
    Jan 29, 1998
    Messages:
    470
    Down to $00.7951. "Please Help Me I'm Falling"!!!! Cray
     
  13. dead on 4

    dead on 4 Well-Known Member

    Joined:
    Aug 4, 2009
    Messages:
    3,070
    Transferring burden is a standard business practice when volumes drop, it's the quickest and simplest way to maintain minimun operating income which equates to profits.

    If you're in the business of reconfiguring lead through a manufacturing process and your volumes drop, the easiest way to cover costs and maintain operating income is a price increase; even if you loose a percentage of customers the remaining customers will carry the overhead burden at the new higer price.

    Price increases are a double edge sword for a manufacturer as it's easy to hit the price wall and drive themselves out of a market; the easy solution to remain competitive is to seek lower cost offshore manufacturing, sound familiar???

    Raw materials are only one aspect of finished goods cost, which equates to the price you and I pay

    Surfer
     
  14. Ljutic111

    Ljutic111 TS Member

    Joined:
    Jan 20, 2008
    Messages:
    1,730
    When companies know the need for an item and people will pay whatever the going price of that item is , rarely will the price drop to what you all think it SHOULD be . Prove me wrong !!! I need lead as bad as every one else . I`m out
     
  15. Auctioneer

    Auctioneer Well-Known Member

    Joined:
    Jul 5, 2009
    Messages:
    4,965
    In the mid to late 70's shot was about $10.00 per bag. It then went up to $25.00 per bag. In time it went back down to $11 to 12 per bag.

    In time it will drop but give it time.
     
  16. quartering

    quartering Active Member

    Joined:
    Mar 15, 2007
    Messages:
    1,440
    i doubt it. in the 70's, a coke cost 10 cents, a snickers 10 cents, a gallon of gas 40 cents, a bag of shot 10 bucks. today, a coke costs 75 cents, a snickers a buck, a gallon of gas 3 bucks, a bag of shot 40 bucks. relative to the cost of everything else, i'd say the cost of shot today is pretty evenly priced. 4 other quick points: 1)most of the lead in the world is in china and the rumor of a civil war in china is being floated on the internet. 2)the mines control the cost of lead: when prices drop, they slow down or stop production. 3)how much lead goes into a mri lab? i have four within 2 miles of me. that's a lot of lead. 4)iran is going nuclear. going nuclear takes a lot of lead and there isn't any in iran. n korean plutonium, chinese lead. $39.99 shot is a buy price! oh, 1 more point: my cell phone runs about 500 bucks and the annual service about another 1500. i'd have to shoot in excess of 384 ounces of lead per week in order to equal my cell phone expenditures. it's all relative, isn't it? i wonder what a lincoln cost in the 70's?
     
  17. Mohave60

    Mohave60 Member

    Joined:
    Jan 11, 2010
    Messages:
    129
    1974 Ford Gran Torino, Automatic Trans, PS, PB, Air, $3200.00. in 74 dollars
    Try that now.
     
  18. b12

    b12 Well-Known Member

    Joined:
    Jan 29, 1998
    Messages:
    3,051
    When the prices came back down in the days gone by their wasn't a type of downturn in the economy such as this one. Difference is now a president is hell bent on destorying this country. Young people depend on mom and dad. Mom and Dad are always looking for ways thru Gov. finiancile cheap loans to keep the kids floating. Kid that want to work can't find jobs. And a hole bunch of other shit that wasn't going on then. Its going to be up to the manufactures and business people to get the young people out to support this sport. Ole Dad can't do it any more and so goes the sport. Wild bill
     
  19. minnship8

    minnship8 Well-Known Member

    Joined:
    Jul 25, 2011
    Messages:
    1,115
  20. skeeljc

    skeeljc Supporting Vendor Supporting Vendor

    Joined:
    Aug 27, 2007
    Messages:
    3,753
    Location:
    Terre Haute Indiana
Thread Status:
Not open for further replies.