Are hollow or soft point M2 Ball ammo available in the market

[ssgross]

I only want to use M2 ball for my Garands and '03s

Once a year CMP sells up to some specific amount of surplus - with a limit of 1 can per customer, per year. Get yourself on their email list. If your info, and qualifying CMP affiliate (e.g. GCA) membership is up to date in their system, you can add to cart and check out immediately. The last couple years the supply released has lasted about a week. For the last 4 years or more, I have only ever received LC ball with late 60's through mid 70's stamps.

My advise would be to start hand loading. Even with the premium on components, you can still save a small fortune loading 30-06 over factory ammo, and get exactly what you want with better quality control.
Yes the PPU stuff labeled "garand" is only in FMJ. The 150gr SP is only 150fps faster - and looks like it is only loaded that way to make the downrange ballistics the same with the smaller BC. Here is the PPU catalog. You would likely get a bigger than 150fps swing with different manufacturers 150gr bullets over the same charge. I know this from my own experiments and data. So, in my opinion, fretting over whether the PPU SP is labeled "garand" or not is not worth it.