Well with whats going on now One would think that the price of lead and targets would be coming down???
White Flyer has temporarily halted production of targets. My club had an order in for a trailer load, after we were shut down we called to cancel the order. We were advised to not cancel, rather remain in line as they stopped production.Our companies even making shot or targets?
My Brother in Law is an investment manager in Houston. He basically makes his living off the oil economy. When the price of oil gets way down, a lot of the oil production shuts down. Isn't worth it for them to pay the salaries and other expenses when there is so little value to the oil being produced.....Wads + shells are made out of low density poly ethyline and that is made out of petroleum . Since raw oil is way down in price ,that should be cheaper as well , right ? .......
Other than lead currently trading at $.77 not $.85, your 100% correct.Re: shot
Spot price of lead is 0.85 USD per pound.
With manufacturing costs, distribution and shipping costs, and a margin of profit at each level, there doesn't seem to be anyone getting unduly rich here.