Things going down in 2011. Wages, take home pay, property values, vacation time, morals, love, quality of merchandise, quality of education, hope for future generations. The east Europeans who were forced into submission to socialism and communism over 30 years ago experienced all these things. They have also been meeting in underground churches and praying that the USA would not be foolish enough to become socialistic.
Lead is currently falling and the supply side is way up. The hoarding of ammunition and components seems to be over. If these factors continue, then ammunition may fall in price ... keep your fingers crossed. Bill Malcolm
If lead drops 10% there is still $25 of lead in bag of shot before processing, overheads, shipping and profit.
Plus our dollar is getting weaker so commodities may increase in "value".
Resin has jumped 20-25% since the fall. We mold plastic parts and our company buys 1000's of tons a year. Look for plastic prices to increase too.
I would not bank on prices falling. I hope I am wrong; as most shooters have not planned for price increases and did not stock up when lead was below $30 a bag. $40 lead will reduce shooting as it did 2-3 years ago. This will really hurt the small clubs who depend on recreational shooters and those on fixed incomes.
The price of lead might possibly fall but the price of antimony has doubled in the past year to over $13,000/ton ever since the Chinese started closing sloppy mining operations for pollution. BTW, China has the majority of the world's supply of the metal. Buy chilled shot; it works just as well!
<blockquote><I>"you all better get what you want now"
"TIME TO STOCK UP NOW.. " </I></blockquote>That's the same brain dead knee-jerk reaction that brought on the last round of sky-high prices, gouging and shortages. Just relax and forget about screwing everybody else just so you can get yours (and theirs, too).
Fuel costs where the reason people gave for the last increase but look how much it actually increased the cost per bag. 42000 lbs of lead, fully loaded semi, is 1680 bags of lead (42000/25 = 1680 bags), not including pallet weight. Figuring 5 miles a gallon fully loaded, fuel increasing a dollar from what it is now. That is .20 cents a mile increase in transportation fuel cost. Transport that lead into and out of the processing plant 5000 miles total. That is a total increase of $1000 for fuel cost increase. $1000 divided by 1680 bags of shot equals .59 cents a bag increase. Cost of lead had more to do with the increase .50 cents/lb to $1.20/lb from Jan 2009 to Jan. 2011 added much more of the cost. .70 cents per pound increase in lead cost equals $17.50 per bag. Supply and demand caused more of the increase. Stocking up on ammuniton, of loaded shells and of reloading supplies, cause the price to rise! Plus the fact we were sending a lot of lead, and other components overseas did not help. Also, the devaluation of the dollar, allowing commodities to rise, had the most effect. This has nothing to do with politics, so do not go there. Look at the facts. The price has to come down for reloading components and of loaded ammunition, in order for the general shooting population to shoot more and allow some of the average shooters, including league, practice shooting, etc. to increase. The price of shooting, is limiting shooting sports more than the political BS ever could.
There will not be any Nitro 27's left for you because the store will be on allocation from the run on ammunition. Then when it is available for you to spend your $$$, the price will be higher and you will get less for all your $$$. Good idea. Buy a flat or so and go back when you need it. The stores won't run out and everyone benefits, with lower prices. It should be all about us!!! Greed and ignorance is out of control. LOL.