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Freighter prices through the roof??

First post
Author
Amber Green Thorn
Federal Navy Academy
Gallente Federation
#1 - 2012-04-04 02:18:50 UTC
What's going on ?? they used to be 600-880 million -- now every one of them is way over a billion.

Market manipulation ahead of the goonz little Jita blockade or what??

Riddle me that battwat?
Tauranon
Weeesearch
CAStabouts
#2 - 2012-04-04 02:21:35 UTC
Construction material prices rises are the cause.

Most of them aren't profitable to build in the current overall market.
Brock Nelson
#3 - 2012-04-04 02:26:53 UTC
It takes about 16 days for manufacturing to catch up to prices including the production of component and the ship itself.

Signature removed, CCP Phantom

corestwo
Goonfleet Investment Banking
#4 - 2012-04-04 02:28:03 UTC
The funny thing about items built entirely from minerals is that when those minerals go up in price, so do those items.

Mind blowing, right?

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Skydell
Bad Girl Posse
#5 - 2012-04-04 02:34:00 UTC
And the drone poo nerf isnt even here yet.

Paid just over 600 mill for my Provi a year ago.
At 1,330,000,000 in Jita right now. Only reason I haven't sold it is I know it will only get higher.
Amber Green Thorn
Federal Navy Academy
Gallente Federation
#6 - 2012-04-04 03:03:36 UTC  |  Edited by: CCP Spitfire
corestwo wrote:
The funny thing about items built entirely from minerals is that when those minerals go up in price, so do those items.

Mind blowing, right?


Providence Blueprint:

Capital Armor plates
Capital Cargo bay
Capital Construction Parts
Capital Prop Engine.....

*snip* find these components in a belt please? *snip*

Please keep it civil. Spitfire
Brock Nelson
#7 - 2012-04-04 03:04:42 UTC
Amber Green Thorn wrote:
corestwo wrote:
The funny thing about items built entirely from minerals is that when those minerals go up in price, so do those items.

Mind blowing, right?


Providence Blueprint:

Capital Armor plates
Capital Cargo bay
Capital Construction Parts
Capital Prop Engine.....

You're a mutt... find these components in a belt please? Idiot troll.


ROFL

Signature removed, CCP Phantom

Amber Green Thorn
Federal Navy Academy
Gallente Federation
#8 - 2012-04-04 03:14:21 UTC  |  Edited by: Amber Green Thorn
oops sorry durrr bluph dur -- k am an idiot - but such a huge increase still??
Raiz Nhell
State War Academy
Caldari State
#9 - 2012-04-04 03:22:29 UTC
^^^^ What he said...

There is no such thing as a fair fight...

If your fighting fair you have automatically put yourself at a disadvantage.

corestwo
Goonfleet Investment Banking
#10 - 2012-04-04 03:27:49 UTC
I think I'm being trolled somehow. What?

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Tauranon
Weeesearch
CAStabouts
#11 - 2012-04-04 03:48:42 UTC
Amber Green Thorn wrote:


You're a mutt... find these components in a belt please? Idiot troll.


cap are t1, see example.
http://wiki.eveonline.com/en/wiki/Capital_Armor_Plates_Blueprint

Feel free to apologise to whoever that was directed to.
Katarina Reid
Deep Core Mining Inc.
Caldari State
#12 - 2012-04-04 04:24:55 UTC
if u cant afford a Freighter i hear iteron v is good
Scrapyard Bob
EVE University
Ivy League
#13 - 2012-04-04 04:38:55 UTC
Amber Green Thorn wrote:
oops sorry durrr bluph dur -- k am an idiot - but such a huge increase still??


I present to you, the Mineral Price Index - when it goes up, stuff gets more expensive. When it goes up a lot, stuff gets a lot more expensive.

http://www.evemarketeer.com/trade/mineralindex

Or look at the Mineral price page:

http://www.evemarketeer.com/item/group_summary/18

Click on each of the (8) minerals and look at the Trends graph. Here's the key ones in freighter production.

http://www.evemarketeer.com/item/info/34#3
http://www.evemarketeer.com/item/info/36#3
http://www.evemarketeer.com/item/info/38#3

And for "how much minerals go into a freighter", it is approximately (for an Obelisk):

Trit: 95,003,797
Pyr: 12,588,101
Mex: 4,686,735
Iso: 679,873
Nocx: 200,416
Zyd: 31,525
Mega: 11,261

Which puts build costs at around 1.12B ISK right now. Tritanium is approximately 50% of the build cost, Mex is about 15% and Nocx is about 8%.
Tau Cabalander
Retirement Retreat
Working Stiffs
#14 - 2012-04-04 05:13:23 UTC
"Long live the freighters!"
flakeys
Doomheim
#15 - 2012-04-04 12:26:59 UTC  |  Edited by: flakeys
Amber Green Thorn wrote:
corestwo wrote:
The funny thing about items built entirely from minerals is that when those minerals go up in price, so do those items.

Mind blowing, right?


Providence Blueprint:

Capital Armor plates
Capital Cargo bay
Capital Construction Parts
Capital Prop Engine.....

You're a mutt... find these components in a belt please? Idiot troll.



OH MY GOD .....

and on a sidenote , and i never expected to say this as long as i live, could you lay off the gooncomments and **** off to general discussion with that .He gave an explanation to your question and the first thing you did to thank him was throw some mud.

We are all born ignorant, but one must work hard to remain stupid.

corestwo
Goonfleet Investment Banking
#16 - 2012-04-04 14:25:09 UTC
Amber Green Thorn wrote:
oops sorry durrr bluph dur -- k am an idiot - but such a huge increase still??


Aww you edited the post. Sad

This post was crafted by a member of the GoonSwarm Federation Economic Cabal, the foremost authority on Eve: Online economics and gameplay.

fofofo

Claire Voyant
#17 - 2012-04-04 15:41:25 UTC
Amber Green Thorn wrote:
oops sorry durrr bluph dur -- k am an idiot - but such a huge increase still??

What happens is that people with too much isk on their hands start buying up minerals in Jita. The price goes up and other people start buying up minerals, some to stockpile for later use, others just to speculate. Then people start buying up battleships to reprocess and eventually freighters. All those minerals either get stockpiled or get sold on the market to be stockpiled by someone else. (Ships can also be stockpiled instead of reprocessed if you want to bet on mineral prices because they should eventually be worth more than their minerals when prices stabilize, but you can always reprocess them later if they aren't.)

Meanwhile dronepoo is still coming in by the freighter load and is still being generated like it is going out of style and will be at least another three weeks. Miners are dusting off their hulks getting ready to finally make some serious money. Meanwhile, hoarders are cleaning out their hangars. (I myself am selling a stack of battleships I had leftover after the insurance scams.) Suicide gankers are rethinking their profit margins and buying fewer ships.

Eventually, those people sitting on their piles of minerals will eventually sell. Some can afford to wait a very long time, but most realize that this is a probably just a short-term deal and it is better not to wait too long. When they do, things will return to normal.

tl;dr - It's just Jita being Jita.
Vince Snetterton
#18 - 2012-04-04 16:25:20 UTC
Claire Voyant wrote:
Amber Green Thorn wrote:
oops sorry durrr bluph dur -- k am an idiot - but such a huge increase still??

What happens is that people with too much isk on their hands start buying up minerals in Jita. The price goes up and other people start buying up minerals, some to stockpile for later use, others just to speculate. Then people start buying up battleships to reprocess and eventually freighters. All those minerals either get stockpiled or get sold on the market to be stockpiled by someone else. (Ships can also be stockpiled instead of reprocessed if you want to bet on mineral prices because they should eventually be worth more than their minerals when prices stabilize, but you can always reprocess them later if they aren't.)

Meanwhile dronepoo is still coming in by the freighter load and is still being generated like it is going out of style and will be at least another three weeks. Miners are dusting off their hulks getting ready to finally make some serious money. Meanwhile, hoarders are cleaning out their hangars. (I myself am selling a stack of battleships I had leftover after the insurance scams.) Suicide gankers are rethinking their profit margins and buying fewer ships.

Eventually, those people sitting on their piles of minerals will eventually sell. Some can afford to wait a very long time, but most realize that this is a probably just a short-term deal and it is better not to wait too long. When they do, things will return to normal.

tl;dr - It's just Jita being Jita.


I will agree with you regarding low end mineral prices, but what about high end minerals?
If 40% of high end mins come for the Drone Lands, the only place that min supply is being replaced by will be null sec and wh belt miners. Do you truly believe that null sec miners are gong to start cranking up production under current null sec conditions to cover off that supply drop?

Unless null sec mining mechanisms change dramatically, and null sec alliances change their attitude towards miners, there will be a major shortage of the high end minerals, and prices will reflect that.
Drevlon Rashon
Deep Core Mining Inc.
Caldari State
#19 - 2012-04-04 16:35:54 UTC
So basically high end minerals will be back to what they used to be? A brave miners reward for a thankless job.
Elijah Craig
Trask Industries
#20 - 2012-04-04 16:55:40 UTC
I am very concious of the reduction of Bot activity will also drive long term higher mineral prices.
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