US sporting and outdoor products group Vista Outdoor warned in a letter to customers that ammunition prices are set to surge due to “an anticipated global shortage of gunpowder.”
Vista Outdoor confirmed the authenticity of the letter to Newsweek days ago. The increase of ammo and gunpowder prices is expected on Jan. 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.
Due to world events our suppliers have notified us of unprecedented demand for and an anticipated global shortage of gun
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