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Old 12-08-2023, 10:29 PM
fishnguy fishnguy is online now
 
Join Date: Jul 2017
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Default Ammo Prices Set to Rise 'Substantially'

That’s the title of the article. According to Newsweek (which is not necessarily the best source, but given they actually confirmed the letter with Vista, I’d take it as a good source), prices of ammo and components are about to go up… yet again.

Vista Outdoor, a parent company to many firearms businesses, told Newsweek that it will substantially increase its ammunition prices due to "an anticipated global shortage of gunpowder."

The Minnesota-based company confirmed the authenticity of a December 1 letter sent to customers that it would go ahead with an across-the-board increase of its ammunition and gunpowder prices on January 1.

"Due to world events our suppliers have notified us of unprecedented demand for and an anticipated global shortage of gunpowder, and thus has increased our prices substantially," Vice President of Sales, Sporting Products Brett Nelson said in the letter. "We must therefore raise our pricing to help offset those increases."

Companies that will increase their prices include Remington, Alliant Powder, CCI, Federal, SEVI-Shot and Speer. The following increases include:

- Shotshell: 1-7 percent
- Rifle: 1-7 percent
- Handgun: 1-5 percent
- 22LR/Shorts: 1-5 percent
- WMR/HMR: 1-7 percent
- Primers: 5 percent
- Alliant Powder: 10 percent (limited availability).

[…]


https://www.newsweek.com/ammo-prices...rearms-1850528

I am assuming the others not listed above would follow suit because no one is going to price themselves out of some 4.5% profit margin by sticking it to us once again.
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