Primer Plant Update

Cooper alone closed 2019 at $6.16/kg or about $2.80/lb. It settled today at $8.89/kg or $4.04/lb. Naturally that's the spot price...for raw copper. In the past year a smart buyer could have picked it up at $7.00/kg. It peaked last March at $10.73/kg, so you can see how volatile price have been. I wouldn't want to be in that market...though I am as a shareholder in Freeport-McMoRan.
Now don't even get me started on Zinc.
Yeah, raw materials costs alone make it fairly unlikely that we'll see $25/k prices on primers anytime soon. Last videos I watched they're still highly labor intensive to make. I have yet to see an automated primer plant in operation...far too volatile for that. So if folks want to shove $15/hr minimum wage down our throats, imagine the labor costs in this highly skilled industry.
primers don’t use that much copper
 
primers don’t use that much copper
60% copper/40% zinc if they’re made of Muntz metal. 70/30 if they’re made of cartridge brass. Either way, the point is not to microanalyze the material constituents of any metal, the point is ALL raw materials are under pressure from the current extreme inflationary cycle. Prices won’t (can’t) return to previous cycle levels until the inflationary pressures are reduced and the value of the dollar equalizes. Like I said, this isn’t a discussion of economics or commodities, it’s about the price of primers and what we can expect in the near future. It’s just not reasonable to expect any manufacturer to make a product with the plan of selling at a loss.
 
Oh, I see...so then the 44+% increase in raw materials cost shouldn't affect primer prices. My bad....I'm actually glad to see an industry where materials and labor inflation have no impact. We'll see those cheap primers in no time.
naw man! it’s copper not gold, stop treating like Gold and they will price it like copper.

but on the real, we talking $1-$3 worth of copper not a increase of $99/brick - $35/brick = like $70 more for copper.

Corporate Greed is real
 
60% copper/40% zinc if they’re made of Muntz metal. 70/30 if they’re made of cartridge brass. Either way, the point is not to microanalyze the material constituents of any metal, the point is ALL raw materials are under pressure from the current extreme inflationary cycle. Prices won’t (can’t) return to previous cycle levels until the inflationary pressures are reduced and the value of the dollar equalizes. Like I said, this isn’t a discussion of economics or commodities, it’s about the price of primers and what we can expect in the near future. It’s just not reasonable to expect any manufacturer to make a product with the plan of selling at a loss.
what I’m trying to say is.. how much copper is in 1,000 primers… couple of ounces maybe
 
The popped primer I use as a check weight is 4.2 grains. If that is largely brass and insignificant ash, then about 9oz a thousand.
$2.80 a pound, at about 1/2 pound per 1,000. So we can price it at $2.00 after everyone gets their cut.

So how does primers go from $35 to $100 a thousand? Guns are way more effort to produce, I don’t see a Glock costing $1500
 
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