Market Discussions

Low end mineral prices have been steadily rising for the last couple months now to the point that producing tech1 ships of any kind is unprofitable.

What do you guys think is causing this?

Did the changes to barges a while back cause people to stop mining low end ores?

Anything on the horizon that might bring the prices down or will the price of tech 1 ships just need to go up?

yep,

I d say so, too. You not late. So far only the price of Tritanium and Pyerite moved up by maybe .10-.20 cent for Tritanium in Jita. The t1 cruisers might need more minerals, like 50 % more, according to Test server blueprints. But I am not sure, how much that might effect the market, because you can built a hell of a lot of cruisers for just one titan. So it might be just speculation, which never kicks off for real or it might be based on hard facts and cruiser need a lot of overall minerals supply. I doubt it ...

Mineral prices are not why T1 ships aren't profitable. T1 ship builders (sellers) are why T1 ships are not profitable.

Highsec miners took their recently buffed up mining ships and parked them afk in the ice belts.

Ice is at record lows, and only moved up over a short lived interdiction.

But since they aren't using these buffed up ships to mine minerals, mineral prices are going to stay high.

Nocxium has every reason to be rising on its own actually, and in fact was before Contiesta even came along.

And Zyd's crept back up to 850, I'd hardly call it "crashed" yet.

Most people don't rely on chicken entrails, so I'm not surprised that people "haven't noticed".

Of course, there are many other factors as well. However, if one opens graphs showing last 10 days of zydrine/nocxium prices, difference (short term) is very clear. Also there are many people atm making their nocxium stockpiles, while few are interested in zydrine and that makes the difference.

Seriously??

When I set up my first POS I also started ice mining to supply my own fuel. At that time white glaze was worth about 80k per block. How is the current 120k per block a record low??

Sure GOONS ICE interdiction and the increase in ice miner ganks drove prices up for a while. Now that the ships have been buffed and can not be ganked for profit the prices are coming back down. But are still well above what they were before this all started.

Considering we have seen 75-80% average inflation across the board in the last 2-3 years ICE settling to around 50% might seem a little low. However since ICE mining is now with the ship changes to move tank and more ore hold ICE mining is also easier than ever to AFK.

I doubt the GOONS ever considered that there prolonged HULKAGEDDON and ICE interdiction would result in buffs to mining making AFK activity easier than ever. Well either way they made trillions of isk of manipulating the ICE markets thru their interdiction.

I wonder how much isk GOONS actually have at their disposal. If you added the funds from all their various branches together. I would think there are even only a select few GOONS that could answer that question. 100 Trillion? More?

Might? It is low. Especially considering how much the prices of so many other things have gone up.

And who cares how much combined isk the goons have. As an alliance that throws away a lot of ships fighting wars and stuff, we feel the pinch off high tritanium and pyerite more than most. At least the low isotope prices means we can jump stuff around for cheap now.

I also like the cheap ice because it means my PI pos fuel stuff goes up in value as it becomes the next bottleneck in fuel block production.

you're not meant to eat the tin foil...