It would be NICE if Ginex and the lower-end primers settled around 50.00/1000 but realistically, seeing what everything else has done (the Canadian and American dollar are basically devalued. The Canadian dollar was worth 15.50 pesos a year ago and now I was getting 12.40. U.S. dollar fell the same amount against the Mexican Peso -- a country that did not have the CERB or anything like it while our-side bankrupted itself paying people not to work), I imagine 60.00 would be a more reasonable target. Federal and CCI would probably be higher.
But yes, it's got to continue to fall because "the price of primers was just too damned high." That would make a great Political Campaign slogan for anyone thinking of running for Office.
On the BBC tonight, there was a fellow from the Nato Alliance meeting being interviewed.
The one thing he mentioned was the lack of small arms ammunition within the militaries of Europe and most of the rest of the world.
He also mentioned that it would take a few years to build up the inventories needed to maintain a meaningful supply in case of such disasters as the Ukraine invasion, which is burning up the inventories of many nations in Europe and donor nations, such as Canada.
He stated that facilities producing this ammuntion were now being asked to ramp up their production of small arms ammo all the way up to Howitzer ammo.
You can bet, those extremely lucrative orders will be filled long before commercial orders. That doesn't mean some will trickle out to some of the commercial ammunition producers but that will still leave hand loaders, which make up around 5% of the purchasers, the last to be supplied in useable quantities.
Prices of small rifle primers for reloading in Europe were around C$12/hundred a few years ago, according to a friend that shoots/handloads there.
In our last communication, he told me supplies of powder/bullets/primers/cases are much more expensive now, if you can find any in stock.
For those out there hoping for $60-$75 per 1000 bricks, I wouldn't hold my breath for it happening anytime soon.
At the last two shows I was at, the best price I saw on LRPs was $300/1000 and $35/100 and that was on my table.
I didn't sell to other vendors, who would have just resold them for higher prices.
What I had were sold out within a few hours of the show opening. 10K CCI BR2.