I posted this elsewhere, and will repost it here in case you missed it:
FWIW...PSA posted this today as part of a bigger “current status” type post on AR15:
AMMO: Our reputation is built on our ability to provide you with quality products at competitive prices.
You have an expectation of great quality and better pricing when you shop with us, and we know that.
The current state of the country has been hard on all of us, and it has certainly placed a strain on supply chains around the world - specifically on ammunition.
Ammo is now carrying a price tag for us that is higher than what we sold it to you for just a week ago.
Our cost to acquire ammo is up overall. Unfortunately, we have lost the ability to negotiate with suppliers due to the current demand. Typically we could use our size and buying power to negotiate pricing and terms that are passed on to the consumer. As demand increases our negotiation strength decreases. Our prices rise and when that happens, we have to pass it on.
Every round of ammunition that was in inventory (purchased under our specially negotiated programs prior to this event) is gone.
What you see for sale now is brand new inventory that we've had to purchase at much higher prices.
One specific example from a quote we received today: normally we can buy a 50 round box of a particular ammo for $7.50 and sell it to you for about $8.99. Today, we were quoted $11.50 for that same box. A four dollar (~50%) increase in cost. For our margins to stay the same, so that we can stay in business, our price on that box would now need be about $13.50.
That's not what you expect from us, and we understand that. But that's what the market, the news and the public demand has given us at this time.
Is that a free pass for them to charge whatever they want? No...but it’s a real world example of what’s going on.