Copper shortages and price increases

[Petey308]

I'll be watching this closely to see how it affects the bullet market, as well as hunting/shooting in general:

Copper shortage gets real | Fox Business

A copper deficit might extend beyond 2023 as mining issues in the South American countries of Peru and South America threaten global supply.

www.foxbusiness.com

https://oilprice.com/Metals/Commodi...t-Will-It-Translate-To-Higher-Prices.amp.html

There isn't enough copper in the world — and the shortage could last till 2030

A copper deficit is set to inundate global markets throughout 2023, fueled by increasingly challenged South American supply streams and higher demand pressures.

www.cnbc.com

 

[FEENIX]

I'll be watching this closely to see how it affects the bullet market, as well as hunting/shooting in general:

Copper shortage gets real | Fox Business

A copper deficit might extend beyond 2023 as mining issues in the South American countries of Peru and South America threaten global supply.

www.foxbusiness.com

https://oilprice.com/Metals/Commodi...t-Will-It-Translate-To-Higher-Prices.amp.html

There isn't enough copper in the world — and the shortage could last till 2030

A copper deficit is set to inundate global markets throughout 2023, fueled by increasingly challenged South American supply streams and higher demand pressures.

www.cnbc.com

This is when bullet makers like Hornady and Nosler have the advantage because copper bullets are not their bread and butter. As a friend (you know who you are) noted, esp. Hornady because they also have other products that will carry them through. Nosler has its rifle department, but I am unsure how well they are doing. The bullet-making industry is competitive with volatility, uncertainty, complexity, and ambiguity. I hope the shortage is resolved sooner than projected.

 

[Bob Wright]

The big bullet makers have large fixed price contracts I'm sure, and hold inventory on coiled sheet stock. That doesn't mean their not going to raise prices, but hopefully they have enough in the pipeline to keep producing. Same with copper mono/copper rod materials.

 

[FEENIX]

The big bullet makers have large fixed price contracts I'm sure, and hold inventory on coiled sheet stock. That doesn't mean their not going to raise prices, but hopefully they have enough in the pipeline to keep producing. Same with copper mono/copper rod materials.

Exactly the point! Unlike Barnes, big bullet makers like Hornady and Nosler can still sustain their business without their copper bullet/ammo line because they are not highly dependent on that product line.

 

[Muddyboots]

And let the hoard buying begin....can see it now! Geez, one thing after another! At least primers not dependent on copper.

 

[xsn10s]

Even if the larger bullet companies can depend on their current supplies and possibly agreement of surplus prices, profit margins could win out. They've seen what the market can bear. I'll wait and watch from the cheap seats.

 

[Petey308]

The war in Ukraine has taken huge toll on the industry as well. Millions of rounds of ammunition has been sent over there with millions more being manufactured to be sent too. That's why primers and powder have been so hard to find, and why prices are up to 3x what the norm was not too long ago.

You'd better believe the threat of a war with China and likely others is coming too, and preparation for their had already been underway.

I'm only trying to look at the future and be realistic, as well as find logical explanations for the current state of affairs. There's a lot that goes into putting out sustainable product and at sustainable prices.

 

[Petey308]

And let the hoard buying begin....can see it now! Geez, one thing after another! At least primers not dependent on copper.

Brass is an alloy made from copper . Primer cups are made of brass.

And with that said, brass cases would obviously be affected in the same way, whatever effect that ends up being.

 

[FEENIX]

The war in Ukraine has taken huge toll on the industry as well. Millions of rounds of ammunition has been sent over there with millions more being manufactured to be sent too. That's why primers and powder have been so hard to find, and why prices are up to 3x what the norm was not too long ago.

You'd better believe the threat of a war with China and likely others is coming too, and preparation for their had already been underway.

I'm only trying to look at the future and be realistic, as well as find logical explanations for the current state of affairs. There's a lot that goes into putting out sustainable product and at sustainable prices.

Brass is an alloy made from copper . Primer cups are made of brass.

And with that said, brass cases would obviously be affected in the same way, whatever effect that ends up being.

Yep!

 

[L.Sherm]

The war in Ukraine has taken huge toll on the industry as well. Millions of rounds of ammunition has been sent over there with millions more being manufactured to be sent too. That's why primers and powder have been so hard to find, and why prices are up to 3x what the norm was not too long ago.

You'd better believe the threat of a war with China and likely others is coming too, and preparation for their had already been underway.

I'm only trying to look at the future and be realistic, as well as find logical explanations for the current state of affairs. There's a lot that goes into putting out sustainable product and at sustainable prices.

Brother turn the T.V off and do the math.
We were using 52 million rounds a month when Iraq and Afghanistan war was going on and zero B.S shortages.

 

[xsn10s]

It's the decrease in production. And not from just from one source, multiple sources. I'll get the popcorn ready lol.

 

[FEENIX]

Brother turn the T.V off and do the math.
We were using 52 million rounds a month when Iraq and Afghanistan war was going on and zero B.S shortages.

There were shortages then, too (Gulf War 1 and 2); what the public knew or was led to believe (via TV or news) was another story.

In either case, there is no need to panic if the copper bullet makers feel secure about it.

 

[L.Sherm]

I have a nephew who is a long Shoreham on the west coast, about a year ago him and my niece came for a vacation and I asked him i bet work is crazy and he said " not at all why do you think I can come here on vacation". I said whats all this stuff you see on t.v he said its all B.S except the ships are getting paid to sit anchored in port they could get unloaded if they want. He said the ones in L.A might have to go to S.F but they won't.
Its just like when I was in the Saudi oil patch an Aramco company guy straight up told me the so called oil shortage in the early 70's was B.S. they just formed OPEC to drive up the price of oil.
I have an Uncle who is a contract refinery scheduler all over the U.S.who told me its all about price conditioning.
Don't get me wrong I'm not against business but the fact is most want to tell themselves its this that or the other so they get that warm and fuzzy when you plop down that hunsky for primers.

 

[L.Sherm]

There were shortages then, too (Gulf War 1 and 2); what the public knew or was led to believe (via TV or news) was another story.
Not even close to what the media is wanting you to believe now