New color matched ultra-light scope rings for the new March 8-80×56 MAJESTA High Master Wide Angle Scope
Congratulations to Shiraz Balolia (USA) for winning a medal at the 2023 F Class World Championship at 700m
Mohsin Nawaz choosing March Genesis scope for his ELR project
Price of March Scopes remains unchanged for the time being despite rising material costs
The manufacturing industry including DEON (manufacturer of March Scopes) is facing upward pressure on costs due to high global raw material prices and rising transportation costs.
1. Shortage of Aluminum ingot
The global supply-demand balance for new aluminum ingots in 2022 is forecast to be 1.835 million tons in short supply. The previous year’s supply shortfall was 810,000 tons, and this year’s shortfall is expected to increase by more than 1 million tons. At DEON, the cost of aluminum scope bodies has increased about 15% from the previous year.
Chart : Aluminum price change over the year
Quoted from: https://markets.businessinsider.com/commodities/aluminum-price
2. Shortage of semiconductor
Global semiconductor shortage is also affecting us. The price of the IC chip in the illumination module has doubled in price.
Chart : Producer Price Index by Industry
Quoted from : https://tradingeconomics.com/united-states/producer-price-index-by-industry-semiconductor-and-other-electronic-component-manufacturing-fed-data.html
3. Reduction of air flights
Transportation fares have also fluctuated greatly due to reduced air travel. Last year the airfare doubled or even tripled at times when exporting March Scopes overseas.
Chart : Flight frequency of global airlines
Quoted from : https://www.statista.com/statistics/1104036/novel-coronavirus-weekly-flights-change-airlines-region/
4. Price increase of glass and other materials
Glass materials and glass melting processes have been affected by the rising cost of crude oil and the shortage of workers due to the suspension of human flow caused by COVID 19, making it difficult to obtain materials and increasing the price. Some camera manufacturers have unavoidably raised the price. Wholesale prices for packaging materials such as boxes and cardboard have also risen. It is no exaggeration to say that almost everything has increased in price. We have heard that some other scope manufactures will increase the price and it is perfectly understandable.
We have not increased the price of March scopes for the same specifications (included accessories etc.) for over 15 years since the birth of March Scopes. However if the current economic situation (e.g. material price increase) does not improve, we may need to raise the product price (MSRP). So far at DEON, we are doing our best to provide scopes without raising prices and we will try to keep our current price as long as possible. Thanks to all the supporters of March Scopes!
Written by : Mari Morita