Brass prices are based on supply & demand and not commodity prices?
I don't understand why 380 Auto once-firred brass is priced higher than 9mm and 40SW.
I assume the pricing is a function of supply and demand and not the price of copper and other commodities that are used to make brass.
This is further evidenced by the prices of new commercial boxed ammo which is higher in the larger calipers/cases; right?
So this means there is a lot of 9mm and 40SW brass lying around ranges which is being picked up and recylced into the re-loading market and this is driving down prices of once-fired brass, I suppose.
Is this correct?