Copper market

[redleg1013]

Interesting to see that Midway dropped their price on Barnes by 20% the day that Cutting Edge made their announcement about the copper market prices turning the corner, and a potential return to more normal pricing.

 

[del2les]

Let's hope so. The last time I spoke with one of my bullet jacket suppliers, he stated their copper prices had increased by 42%. subsequently, he was completely out of jackets.

 

[Andrew Massi]

Midway always fleeces unsuspecting customers during shortages their purchasing power far exceeds the smaller shops yet their pricing doesnt reflect that

 

[HockeyDad]

I work for a copper mining company. Obviously my thoughts go against the grain around here.

 

[MLN1963]

I work for a copper mining company. Obviously my thoughts go against the grain around here.

I'd like to hear your thoughts.

 

[Huntsman66]

what he said….

 

[HockeyDad]

Higher copper prices mean a better chance for my company to expand (more opportunities for me), a higher year end bonus, and more moola for the company to spend on soft fringe benefits like free lunches and free tickets to sporting events for me. So I want copper prices to RUN BABY RUN!! I'll gladly spend a few extra bucks a year on bullets.

 

[Treeslug]

Midway always fleeces unsuspecting customers during shortages their purchasing power far exceeds the smaller shops yet their pricing doesnt reflect that

This past Tuesday, I received an email from Midway USA stating that the 7828 SSC powder I had asked to be notified of when it came in--was in. I sprung into action and called because I had to change my credit card number due to ID theft. I was allowed to buy two pounds and it has already shipped. Two pounds of 7828SSC cost me $115.00 shipped with a hazard fee and a small donation to the NRA. I am thrilled with Midway. I am going to ask to do the same thing for some pistol powder. Another hazard fee, but it is cheaper than buying from scalpers.

 

[Andrew Massi]

This past Tuesday, I received an email from Midway USA stating that the 7828 SSC powder I had asked to be notified of when it came in--was in. I sprung into action and called because I had to change my credit card number due to ID theft. I was allowed to buy two pounds and it has already shipped. Two pounds of 7828SSC cost me $115.00 shipped with a hazard fee and a small donation to the NRA. I am thrilled with Midway. I am going to ask to do the same thing for some pistol powder. Another hazard fee, but it is cheaper than buying from scalpers.

Almost $60 per pound delivered.
What a bargain larry has bestowed upon ye
Every other distributor sells it cheaper and pays more for it than midway does. Midway also pays less for shipping than the smaller shops by volume
These savings on items and shipping never trickle down to the consumer. Thus midway is a scalper, they may not be on gunbroker but they do fleece their customers

 

[RAGGED EDGE]

Almost $60 per pound delivered.
What a bargain larry has bestowed upon ye
Every other distributor sells it cheaper and pays more for it than midway does. Midway also pays less for shipping than the smaller shops by volume
These savings on items and shipping never trickle down to the consumer. Thus midway is a scalper, they may not be on gunbroker but they do fleece their customers

Just asking. Do you have any personal experience with the retail sporting arms and ammunition business, or is what you are saying just an opinion?

 

[74honker]

Just asking. Do you have any personal experience with the retail sporting arms and ammunition business, or is what you are saying just an opinion?

I have and and have good trusting friends that do. What Andrew Massi is saying is true. EVERYTHING in world business works the same way. The bigger the orders the bigger the discounts on volume. When my local Scheels store gets primers and powder to this day they are still within a buck or two of prepan BS and I can promise you they ain't loosing $$ on it.

 

[dartem]

Bought powder locally here a week ago for $39,99/ lb. H-4895 and just delivered to the LGS the week before. Do the math...

 

[RockyMtnMT]

We just got a copper shipment a couple weeks ago and saw no significant change in price from the order we received 4 months ago. Basically we have stayed steady. Will see another order arrive in Sept. Will see then.

 

[Andrew Massi]

Just asking. Do you have any personal experience with the retail sporting arms and ammunition business, or is what you are saying just an opinion?

I do in fact have personal experience. I worked in that industry for 5 years