Ammo Prices

[BexSoCal]

Prices on Ammo have increased 100% since last fall.
Does anyone know the reason for this?

[BonoVox]

Commodity prices, demand, war, etc.....

If they have not already they are poised to go up within the next week again. I saw some brands go up another 5% last week. I am heading to Wally World today to see if they have reflected the upcomming increases.

I think the demand is being driven by the prices going up. People are starting to hoard ammo. For one because of the prices going up and a worry about new possible restrictions. Today's events won't help.

[akulahawk]

The cost of the metals used in bullet and brass manufacture has been going up. There has also been a huge demand for ammunition in certain calibers too... all of this all came together to drive prices up.

[Glock32]

Originally Posted by BexSoCal

Prices on Ammo have increased 100% since last fall.
Does anyone know the reason for this?

raw material prices
IRAQ needs ammo

[THE Gimper]

Originally Posted by akulahawk

The cost of the metals used in bullet and brass manufacture has been going up. There has also been a huge demand for ammunition in certain calibers too... all of this all came together to drive prices up.

Originally Posted by Glock32

raw material prices
IRAQ needs ammo

Bingo. Speaking from experience as someone who purchases metals for manufacturing, we have seen the price of all metals rise dramatically over the past two to three years. In some cases the prices are double or more than double what they were just a couple of years ago.

And when you add the increased demand from the military, I suspect that not only will that result in reduced availability to the civilian market of those specific calibers, but it will result in reduced availability of all calibers in general as material is diverted to meet the increased demand from the military.

Basic market forces. When demand exceeds supply, prices go up.

[1buba]

Thankfully, i haven't seen the 100% increase in any ammo i buy... More like 30-35 on the Blazer, and 40 or so on the WWB i think.

[BonoVox]

Originally Posted by The Gimper

Bingo. Speaking from experience as someone who purchases metals for manufacturing, we have seen the price of all metals rise dramatically over the past two to three years. In some cases the prices are double or more than double what they were just a couple of years ago.

And when you add the increased demand from the military, I suspect that not only will that result in reduced availability to the civilian market of those specific calibers, but it will result in reduced availability of all calibers in general as material is diverted to meet the increased demand from the military.

Basic market forces. When demand exceeds supply, prices go up.

So true. I hear it from my best friend who is an electrician. He has seen some of his copper wire going up 3 or 5 times. What was $20 for a measured length. Is now close to $100 plus. That takes a HUGE bite out of his profits or now lack of profits.

You have China and India gargling up commodities and heck probably ammo too.

As far as ammo though....if it wasn't for upcoming legislation I could see the price dumping in the future. But who knows? Especially after what happened today.

[BexSoCal]

Well then why, anecdotally speaking, would my 30 year old Military Surplus 8mm Ammo go from $59/760 rounds last year to $125/760 rounds this year?

Ok, new .40 S&W I can understand if they need the metal for other things, but old Military Surplus Ammo?

Oh, and I forgot how thinks prices have only gone up 30-35%. Double check your receipts. I use lots and lots of .40 S&W to practice and compete in IDPA. Last year I bought 1000 rounds for $125 and last weekend I paid $125 for 500 rounds.

I wonder if reloading would make more sense now? Any thoughts?

[BonoVox]

Originally Posted by BexSoCal

Well then why, anecdotally speaking, would my 30 year old Military Surplus 8mm Ammo go from $59/760 rounds last year to $125/760 rounds this year?

Ok, new .40 S&W I can understand if they need the metal for other things, but old Military Surplus Ammo?

Oh, and I forgot how thinks prices have only gone up 30-35%. Double check your receipts. I use lots and lots of .40 S&W to practice and compete in IDPA. Last year I bought 1000 rounds for $125 and last weekend I paid $125 for 500 rounds.

I wonder if reloading would make more sense now? Any thoughts?

Good point. I "think" it has to do with replacement cost. There is not an unlimited amount of that 30 year old surplus ammo in the world. So those that hold it, raise up the price to reflect what ammo goes for today or at least close to. Sell it and buy some more .40 You made a great investment!

[swdr]

Bex. I think you'll also find that mil surplus is getting more popular, as well as having supplies getting thinner.

[ppd]

I was @ Walmart this morning and we purchased 100 rounds of 9mm for aprox. $15. and 100 rounds of 40 S&W for $20. FMJ Winchester. 100 rounds of 45acp was $27. FMJ.
100 shells Target Load 12 guage was $16., federal or winchester.

We had a Great Time!!

[spc]

I believe I have aquired enough ammo for the next several years except for my 45 acp practice ammo which I reload. I have 3000 rounds of materials for the 45 ready to fill empty cases, 1000 factory rounds and 1500 reloads in the ready.
308 is now selling for $600-700 per thousand. 7.62X39 went from $85 per thousand to 185 per thousand.
30'06 is one that hasn't shown the huge increase so far.

The military has been using huge amounts of 308 and 223, so availability has become tighter along with the increases in commodities prices we will have to wait until things level out.Let's hope prices will eventually drop, but if they do not, I may have to curtail some of my shooting except for 45.

spc

[CCWInstructor]

Since 2003 the raw materials needed for ammo have gone up 334%. China buying on the open market is the number one reason.

[BexSoCal]

Originally Posted by CCWInstructor

Since 2003 the raw materials needed for ammo have gone up 334%. China buying on the open market is the number one reason.

How can such little people use so much material? just kidding.

Thanks CCWI, that answer makes a lot of sense.

[akulahawk]

Originally Posted by CCWInstructor

Since 2003 the raw materials needed for ammo have gone up 334%. China buying on the open market is the number one reason.

One Billion People... and wanting to modernize their infrastructure... It's no wonder that prices have shot up...