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Mexallon - The Economy's Weakest Link

Author
Celeste Benal
University of Caille
Gallente Federation
#21 - 2011-12-19 08:49:35 UTC
Mex is drying up due to the introduction of Tier 3 BC, which have a lot more mexallon than average for a BC-sized ship. The price has been going up for about the same amount of time.

/me looking at that screen cap price, eyes big. I need to get into Jita more.
Lone Shark
The Scope
Gallente Federation
#22 - 2011-12-19 10:45:15 UTC
FastJack316 wrote:
Jita Bloodtear wrote:

Is this the new Goon conspiracy for market manipulation?


Yes!

We also orchestrated the housing market crash


I imagine that's true

Probably a lot of goonies with sub prime mortgages
Dream Five
Renegade Pleasure Androids
#23 - 2011-12-19 11:12:45 UTC
Probably all the bots broke because of some changes in Crucible :)
Berluth Luthian
Sebiestor Tribe
Minmatar Republic
#24 - 2011-12-19 12:42:54 UTC
I'm about 75% sure that I've seen missions in highsec in Minmatar space that have quite a bit of Mex, like 10-15 million isk worth in one mission. I wish I could sell that more easily. It makes me wonder how much time people have spent on mining missions and if they have good returns or qualities f=different than what is normally found in empire space.
Steve Ronuken
Fuzzwork Enterprises
Vote Steve Ronuken for CSM
#25 - 2011-12-19 13:35:29 UTC
Berluth Luthian wrote:
I'm about 75% sure that I've seen missions in highsec in Minmatar space that have quite a bit of Mex, like 10-15 million isk worth in one mission. I wish I could sell that more easily. It makes me wonder how much time people have spent on mining missions and if they have good returns or qualities f=different than what is normally found in empire space.


Main benefit to mining in missions is that it's a /little/ harder to be found.

Someone has to use combat probes to do it, rather than bouncing through the belts, or core probes to find the grav site. So you're less likely to be found by gankers, or other miners. Bit safer to jetcan mine.

Woo! CSM XI!

Fuzzwork Enterprises

Twitter: @fuzzysteve on Twitter

Lucinda Hamu
Doomheim
#26 - 2011-12-19 13:48:13 UTC
Goons get blamed of everything on here. Hell if my marriage failed and I posted on here about it, someone would blame the goons.

TC3 BC's and Supply & Demand would be my guess.
Tasko Pal
Spallated Garniferous Schist
#27 - 2011-12-19 19:18:56 UTC
Someone has to sink the blame or we'd have blame inflation!
Chwarisma Sarum
Sosarir Storm Tech
#28 - 2011-12-20 21:56:00 UTC  |  Edited by: Chwarisma Sarum
Since the start of Crucible, Mexallon prices have skyrocked. Pyerite became more valuable, too.

A) In the past, Pyerite and Mexallon were mostly harvested by means of looting (Mineral Faucet from QEN 2008).

B) In comparison to direct ore mining, the ratio of looted minerals does not change much over time unless the loot-tables are changed.

C) Ores with much Mexallon: 1. Plagioclase , 2. Kernite, 3. Pyroxers

D) Ores with much Pyerite: 1. Scordite, (2. Plagioclase)

E) Crucible's new T3 ships need much more Mexallon than other ships.

F) Think about the Nocxium price peak after the introcduction of the Noctis...

G) If you are interested in a deeper understanding of Eve's mineral prices, you may start here.

The question is, whether there is higher demand for Mexallon and Pyerite (new T3 ships) or less supply because of changes in the loot-tables.

Keep in mind that it's easier to mine Scordite than the other ores mentioned above, have a look how much Mexallon and Pyerite the new T3 ships - and other new (Crucible) constructible objects if you want to be precise - need and it should be clear, that Mexallon prices will behave similar to Nocxium prices one year ago. And yes, after overreacting, the Mexallon price will meet it's new equilibrium on a higher tier than before Crucible.

Fly Safe,
Chwarisma Sarum,
CEO of Sosarir Storm Tech


---
Whether you buy or sell minerals - eventually you will make Sosarir Storm Tech a rich prospering corporation.
Loraine Gess
Confedeferate Union of Tax Legalists
#29 - 2011-12-20 22:06:12 UTC
Chwarisma Sarum wrote:

Fly Safe,
Chwarisma Sarum,
CEO of Sosarir Storm Tech


---
Whether you buy or sell minerals - eventually you will make Sosarir Storm Tech a rich prospering corporation.




Seriously? Am I reading this properly? You signed your own post oblivious to the big name and corp affiliation on the left, and you even wrote out your own signautre, really?
Chwarisma Sarum
Sosarir Storm Tech
#30 - 2011-12-20 23:57:59 UTC
Loraine Gess wrote:
Chwarisma Sarum wrote:

Fly Safe,
Chwarisma Sarum,
CEO of Sosarir Storm Tech


---
Whether you buy or sell minerals - eventually you will make Sosarir Storm Tech a rich prospering corporation.




Seriously? Am I reading this properly? You signed your own post oblivious to the big name and corp affiliation on the left, and you even wrote out your own signautre, really?


Another happy customer - good.
papamike
Aliastra
Gallente Federation
#31 - 2011-12-21 01:55:58 UTC
Scrapyard Bob wrote:
Only regular Kernite is used for L4 storyline missions, and those storyline missions are now a bit rarer since CCP added other potential storyline missions. The +5% and +10% ores still get refined down into minerals.

While Kernite is the biggest feeder of Mexallon, there's also Pyrox. Both of which are found in Amarr regions. In Minmatar regions, only Plagio contains Mex unless you go to lo-sec (Jaspet) or find a grav site. However, the Minmatar regions are not highly populated and I'm not sure that the Amarr regions are as much as they used to be.

A bit of market speculation, but mostly demand outstripping supply - and supply side hasn't changed course yet to start mining the better ores.


Interestingly, the Rens Mexallon sell price is currently lower then Jita, meaning that its actually a decent investment to buy up Mex in Minnie space (due to lack of population?) and then haul it to the more populated regions, including Jita. The stock supply itself is alot lower however, so im guessing its not long before it gets spiked too. Hek appears to already be drying up of supply.

I dont know how long the price rise will continue, though the actual movement in the secondary hubs doesnt look to have increased massively in spikes, leading me to believe that it could well be an influx of demand coupled with longer term speculation. Perhaps mineral suppliers are drip feeding the market to artificially increase the price? Either way, it seems like a pretty solid investment to buy up the remaining supplies in secondary hubs and relist either on Jita or locally at a much higher price.

Kinda surprised this hasnt happened already tbh.

My hat is in the ring that Mex could well exceed the 60isk/unit mark and continue to grow in the next few weeks, depending on whether demand remains consistent. Maybe miners will start changing gears though and balance the numbers... Meh
Block Ukx
420 Enterprises.
#32 - 2011-12-21 05:10:53 UTC



Everyone - sell Mex at 69.95 ISK pu.









Scrapyard Bob
EVE University
Ivy League
#33 - 2011-12-21 15:28:58 UTC  |  Edited by: Scrapyard Bob
papamike wrote:

Interestingly, the Rens Mexallon sell price is currently lower then Jita, meaning that its actually a decent investment to buy up Mex in Minnie space (due to lack of population?) and then haul it to the more populated regions, including Jita. The stock supply itself is alot lower however, so im guessing its not long before it gets spiked too. Hek appears to already be drying up of supply.


Minmatar space is a heavy supplier of Plagioclase. But Heimatar (Rens) is not that big of a region (large amount of systems are lo-sec) and Metropolis is even more sparsely populated, so supply is not that great. And Molden Heath is largely a lo-sec region (other then the mission area around Teonusude and a few isolated hi-sec systems).

And, approximate ISK/m3 values of the hi-sec / lo-sec ores:

Veld 101 Scor 98 Pyro 147 Plag 142 Omb 69 Kern 136 Jasp 157 Hemo 167 Hedb 163
Block Ukx
420 Enterprises.
#34 - 2011-12-21 21:24:10 UTC
Scrapyard Bob wrote:


And, approximate ISK/m3 values of the hi-sec / lo-sec ores:

Veld 101 Scor 98 Pyro 147 Plag 142 Omb 69 Kern 136 Jasp 157 Hemo 167 Hedb 163



You can find ore income in our website.


Intar Medris
KarmaFleet University
#35 - 2011-12-21 22:33:51 UTC  |  Edited by: Intar Medris
This is why Pyro is my favorite highsec ore. With both Noxium and Mex on the rise the grin on my face grows larger.

EDIT: See this is what happens when you **** off miners. We shootz your walletz,.

I try to be nice and mind my business just shooting lasers at rocks. There is just way too many asshats in New Eden for that to happen.

corestwo
Goonfleet Investment Banking
#36 - 2011-12-22 02:25:18 UTC  |  Edited by: corestwo
Intar Medris wrote:
This is why Pyro is my favorite highsec ore. With both Noxium and Mex on the rise the grin on my face grows larger.

EDIT: See this is what happens when you **** off miners. We shootz your walletz,.



Roll

e: I have been advised by the expert posters of goonfleet dot com that "oh no, the extra 2 million isk you're forcing me to buy is literally bankrupting me" would be a more bitingly sarcastic response. So consider that to be my response.

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

fofofo

DenForX
Resource Extraction Partners
#37 - 2011-12-22 02:35:55 UTC
Loraine Gess wrote:
Chwarisma Sarum wrote:

Fly Safe,
Chwarisma Sarum,
CEO of Sosarir Storm Tech


---
Whether you buy or sell minerals - eventually you will make Sosarir Storm Tech a rich prospering corporation.




Seriously? Am I reading this properly? You signed your own post oblivious to the big name and corp affiliation on the left, and you even wrote out your own signautre, really?



Because cut and paste is hard, inorite?
EvilweaselSA
GoonCorp
Goonswarm Federation
#38 - 2011-12-22 02:51:29 UTC
Intar Medris wrote:
This is why Pyro is my favorite highsec ore. With both Noxium and Mex on the rise the grin on my face grows larger.

EDIT: See this is what happens when you **** off miners. We shootz your walletz,.


you know a full decade of this and you might manage to cause as much damage to my wallet as my semi-routine podjumps with +4s in
EvilweaselSA
GoonCorp
Goonswarm Federation
#39 - 2011-12-22 02:54:33 UTC
oh well time to import another freighterload of thoraxes for funsies and another ten or so sets of spurs and 5% implants
Intar Medris
KarmaFleet University
#40 - 2011-12-23 00:45:31 UTC
EvilweaselSA wrote:
Intar Medris wrote:
This is why Pyro is my favorite highsec ore. With both Noxium and Mex on the rise the grin on my face grows larger.

EDIT: See this is what happens when you **** off miners. We shootz your walletz,.


you know a full decade of this and you might manage to cause as much damage to my wallet as my semi-routine podjumps with +4s in


i LOVE POD JUMPS

I try to be nice and mind my business just shooting lasers at rocks. There is just way too many asshats in New Eden for that to happen.

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