The market price for a metric ton of lead was $881; that is 40 cents a pound. It jumps a little on occasion, but the general trend is down. The big question!!! Will it go below $600 a ton, the old standaard?
Gentlemen,Happy Christmas to you all.
I DONT CARE WHO I OFFEND BY CALLING IT CHRISTMAS.For others you can have your Xmas,Holiday or whatever.
Now as concerns the price of lead.It has nothing to do with supply and demand.This past few years we have all seen the worst side of mankind at work,GREED.Speculators forced up the price of lead and everything else,now it is our turn and our childrens to pay for their greed.
What goes up, must come down. The system is collapsing. I can see shot getting back down to $10, maybe less due to supply and demand. It is possible that only a few will be able to buy it at any price. I think they call it a depression. I hope not, but it sure looks that way.
Why not sell for a loss. I called to check on the price of 10 bags of shot and the availability. When I went to pick in up I was told they could not sell it to me for the price quoted as it would cost more to replace it. I told him to check with the manager as I had driven a ways to pick it up. He came back and said he could not honer the price they had given me.
I then told him I did not want him loosing any money and would not buy the 10 bags of shot at the increased price. Of course I did not buy the 8 pounds of powder and the wads I needed to go with the shot. They would still have made a profit on the shot if they had honored the price given me and also made profit on the powder and wads.
Good thing I had plenty of cases of shells made up and I had cut back on my shooting.
Now I can buy shot for less than I was willing to pay then. I will not be buying it from them. Go figure.Ray.......