I bet $15 will be a floor for a little while with 9mm. At this point it makes more sense for manufacturers to start producing other rounds and sell them in the $20 to $25 range per box rather than keep flooding the market with 9mm. We'll probably see more 45 ACP, .40 S&W, .38 Special, .357 Magnum and all the other rounds become available and drop in price some before we see 9mm drop back into the $12.50 range.

.357 Mag is still selling for $.80 to $1 per round. .38 Special is $.60 a round If I was manufacturing ammo it seems like switching production over to those would be a more profitable option rather devoting resources for stuff that sells at half the price.