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Why is everything more expensive in Hek?

Author
Boozbaz
Brutor Clan
#1 - 2015-11-02 08:51:37 UTC
Could someone more knowledgeable on how markets work please enlighten me or drop some breadcrumbs as to why prices in Hek are usually higher than other trade hubs like Jita or Amarr?
Cartheron Crust
The Tuskers
The Tuskers Co.
#2 - 2015-11-02 09:08:36 UTC
Because bigger trade hubs are nearby. Rens is only what? five/six jumps, Dodixie maybe seven and Jita (via Rancer admittedly) isn't that much further.
Sabriz Adoudel
Move along there is nothing here
#3 - 2015-11-02 09:22:37 UTC
The only things cheap in minor hubs are things that are produced locally.

In Hek, that's only Sisters LP items.

I support the New Order and CODE. alliance. www.minerbumping.com

Boozbaz
Brutor Clan
#4 - 2015-11-02 09:46:43 UTC
Sabriz Adoudel wrote:
The only things cheap in minor hubs are things that are produced locally.

In Hek, that's only Sisters LP items.


I guess I'll start checking out Dodixie then. I don't see a huge difference between hek and rens prices. But then again, I haven't looked too closely at rens prices.
Boozbaz
Brutor Clan
#5 - 2015-11-03 08:09:08 UTC
I decided to look at some stats today and compare prices and populations.

So right now here's what the populations are looking like:

Jita 854
Amarr 266
Dodixie 148
Hek 84
Rens 73


I decided to look at a module that is pretty common: Damage Control II

Jita 419,000.00
Dodixie 426,998.94
Rens 443,845.83
Amarr 445,987.42
Hek 485,798.95

Jita has the best price and following relatively close is Dodixie. Rens and Amarr are pretty close in price, and Hek is far in last, with a high price (expected as much).


So let's look at Tritanium:

Amarr 5.68
Rens 5.89
Dodixie 5.98
Hek 5.98
Jita 6.20


Okay, that's interesting. Jita has the worst price for Tritanium right now (surprising). Amarr has the lead by a good margin, followed by Rens, and Dodixie and Hek are tied.

Finally, I'll present this copy/paste from here: https://forums.eveonline.com/default.aspx?g=posts&m=1416172#post1416172

Rank Title Solarsystem Region Number of orders Total market value
in millions Docked and
Active pilots Rating
1 Super trade hub Jita The Forge 82099 3375867 1895 44257
2 Major trade hub Amarr Domain 38000 906670 493 14465
3 Major trade hub Rens Heimatar 28953 685211 326 10738
4 Major trade hub Dodixie Sinq Laision 28611 627819 376 10572
5 Major trade hub Hek Metropolis 18986 350356 169 6199
6 Trade hub Tash-Murkon Prime Tash-Murkon 8544 264125 50 3325
7 Trade hub Oursulaert Essence 7999 171139 85 2828
8 Trade hub Motsu The Citadel 5140 136613 61 2015
9 Trade hub Agil Khanid 5634 92657 36 1698
10 Trade hub Ichoriya BlackRise 4430 76482 69 1561
11 Trade hub Nourvukaiken Lonetrek 2835 108807 54 1423
12 Trade hub Teonusude Molden Heath 3868 78150 50 1383
13 Trade hub Villore Essence 2426 118580 30 1295
14 Trade hub Orvolle Placid 3757 78127 32 1274
15 Trade hub Sobaseki Lonetrek 2046 112001 36 1221
16 Trade hub Stacmon Placid 4206 47956 40 1201
17 Minor Trade hub Alentene Verge Vendor 2922 40356 46 969
18 Minor Trade hub Lustrevik Heimatar 2301 30784 76 956
19 Minor Trade hub Azer Everyshore 2052 63924 41 947
20 Minor Trade hub Clellinon Verge Vendor 1535 12369 114 903
21 Minor Trade hub Gulfonodi Molden Heath 2005 21741 71 825
22 Minor Trade hub Palas Khanid 2022 15603 77 820
23 Minor Trade hub Aunia Sinq Laision 1971 12080 77 789
24 Minor Trade hub Sasoutikh Devoid 2157 33504 39 764
25 Minor Trade hub Esescama Devoid 3131 29291 11 760
26 Minor Trade hub Taru Tash-Murkon 1634 12182 72 708
27 Minor Trade hub Aldrat Metropolis 2120 20345 44 700
28 Minor Trade hub Berta Dereik 1995 31779 26 661
29 Minor Trade hub Tintoh The Citadel 1386 33401 41 645
30 Minor Trade hub Gamis Dereik 1817 18094 31 571


What does it all mean? Well, I'm not sure. I don't know why the prices are the way they are right now, but I do know that Hek is an expensive place to live. I'm not sure why that is. I want to know though.
Sabriz Adoudel
Move along there is nothing here
#6 - 2015-11-03 10:09:10 UTC
Why don't you set up business importing stuff there?

There's ISK to be made doing that. If I could stomach working on Boundless Creation Factory standings, I'd be doing it.

I support the New Order and CODE. alliance. www.minerbumping.com

Boozbaz
Brutor Clan
#7 - 2015-11-03 10:12:28 UTC
Sabriz Adoudel wrote:
Why don't you set up business importing stuff there?

There's ISK to be made doing that. If I could stomach working on Boundless Creation Factory standings, I'd be doing it.


I've already put in the grind for boundless creations. Thanks for the suggestion, I might get into that. I'm planning on getting into producing my own ammo, because usually I just put buy orders up for my own ammo, but my orders have been sitting unfulfilled for .... idk a week or so, if I recall correctly.
erg cz
Black Eagle5
Villore Accords
#8 - 2015-11-03 10:35:45 UTC
Boozbaz wrote:

Finally, I'll present this copy/paste from here: https://forums.eveonline.com/default.aspx?g=posts&m=1416172#post1416172

Rank Title Solarsystem Region Number of orders Total market value
in millions Docked and
Active pilots Rating
1 Super trade hub Jita The Forge 82099 3375867 1895 44257


That is year 2012. Now it does look very different way.

Hek is FW trade hub. Just as new gallente secondary trade hub Stacmon. No wonder they are more expensive. Since galente militia vets let Villore and Ourapheh be camped 24/7 by caldari easy kill hunters, occasional galente FW pilots stoped using Dodixie and use Stacmon or Orvole. But lately Amarr militia started to kemp Hek quite well, so I wonder if that will move Hek somewhere.
Teckos Pech
Patriotic Tendencies
Goonswarm Federation
#9 - 2015-11-03 16:39:45 UTC
Less competition, it is a secondary trade hub.

"The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design."--Friedrich August von Hayek

8 Golden Rules for EVE Online

Sabriz Adoudel
Move along there is nothing here
#10 - 2015-11-03 22:10:18 UTC
erg cz wrote:
Boozbaz wrote:

Finally, I'll present this copy/paste from here: https://forums.eveonline.com/default.aspx?g=posts&m=1416172#post1416172

Rank Title Solarsystem Region Number of orders Total market value
in millions Docked and
Active pilots Rating
1 Super trade hub Jita The Forge 82099 3375867 1895 44257


That is year 2012. Now it does look very different way.

Hek is FW trade hub. Just as new gallente secondary trade hub Stacmon. No wonder they are more expensive. Since galente militia vets let Villore and Ourapheh be camped 24/7 by caldari easy kill hunters, occasional galente FW pilots stoped using Dodixie and use Stacmon or Orvole. But lately Amarr militia started to kemp Hek quite well, so I wonder if that will move Hek somewhere.


Stacmon is also the hub of EVE Uni's lowsec campus. For a while I was importing assault frigates to sell there (EU LSC love their AFs). It was profitable but I've outgrown that market now.

I support the New Order and CODE. alliance. www.minerbumping.com

adriaans
Ankaa.
Nair Al-Zaurak
#11 - 2015-11-05 13:08:02 UTC
Hek vs Rens is also weird in that Hek is a much better location in terms of distance from all things along with Eystur (sys next door in same region Rens is).
Rens offers nothing that other locations would not be better for, it is neither close to pvp or pve areas, it is not particulary good for 0.0 jumpfreighter supplies either. Rens trade station is not even the manufacturing station in the system and it is further than the others for jita imports.
Eystur seems to be gaining some popularity, at least I have been buying a lot more there lately.

A reason for Hek being expensive is the majority of products have abnormally active traders for the volume moved, it often feels like Jita on several products, combine that with low supply and nearby mission hubs, prices will generally stay high, until you/someone else decide to try and get some of those profits, then prices crash hard.
Hek buisness is down lately due to russians having moved in by Resbroko and is gatecamping/blobbing/smartbombing the FW guys (and anyone else that looks like easy target), so they usually go elsewhere now.

----True oldschool solo pvp'er---- My latest vid: Insanity IV

Yong Shin
Center for Advanced Studies
Gallente Federation
#12 - 2015-11-05 17:59:27 UTC
Sabriz Adoudel wrote:
Why don't you set up business importing stuff there?

There's ISK to be made doing that. If I could stomach working on Boundless Creation Factory standings, I'd be doing it.


Hi. Sorry to bother you. I tried finding out for myself, but I haven't been able to find specifics. Why do people value Boundless Creation Factory standings? You mentioned it in the context of a hauling business venture (I think), buying cheap here and selling cheap there. Does rep with that particular corporation do something? I'm only curious because I bought a indy alt recently.
NFain
Sebiestor Tribe
Minmatar Republic
#13 - 2015-11-05 18:16:52 UTC
Yong Shin wrote:
Sabriz Adoudel wrote:
Why don't you set up business importing stuff there?

There's ISK to be made doing that. If I could stomach working on Boundless Creation Factory standings, I'd be doing it.


Hi. Sorry to bother you. I tried finding out for myself, but I haven't been able to find specifics. Why do people value Boundless Creation Factory standings? You mentioned it in the context of a hauling business venture (I think), buying cheap here and selling cheap there. Does rep with that particular corporation do something? I'm only curious because I bought a indy alt recently.


Having standings to a corporation lowers taxes on market transactions in that corporations stations.
Yong Shin
Center for Advanced Studies
Gallente Federation
#14 - 2015-11-05 18:54:34 UTC
NFain wrote:
Yong Shin wrote:
Sabriz Adoudel wrote:
Why don't you set up business importing stuff there?

There's ISK to be made doing that. If I could stomach working on Boundless Creation Factory standings, I'd be doing it.


Hi. Sorry to bother you. I tried finding out for myself, but I haven't been able to find specifics. Why do people value Boundless Creation Factory standings? You mentioned it in the context of a hauling business venture (I think), buying cheap here and selling cheap there. Does rep with that particular corporation do something? I'm only curious because I bought a indy alt recently.


Having standings to a corporation lowers taxes on market transactions in that corporations stations.


Thanks! I feel stupid for not knowing that 2 years in.
NFain
Sebiestor Tribe
Minmatar Republic
#15 - 2015-11-06 03:31:46 UTC
Yong Shin wrote:
NFain wrote:
Yong Shin wrote:
Sabriz Adoudel wrote:
Why don't you set up business importing stuff there?

There's ISK to be made doing that. If I could stomach working on Boundless Creation Factory standings, I'd be doing it.


Hi. Sorry to bother you. I tried finding out for myself, but I haven't been able to find specifics. Why do people value Boundless Creation Factory standings? You mentioned it in the context of a hauling business venture (I think), buying cheap here and selling cheap there. Does rep with that particular corporation do something? I'm only curious because I bought a indy alt recently.


Having standings to a corporation lowers taxes on market transactions in that corporations stations.


Thanks! I feel stupid for not knowing that 2 years in.



Don't be, it took me 3-4 to realize it too. The struggle is very real.
Sabriz Adoudel
Move along there is nothing here
#16 - 2015-11-06 03:45:17 UTC
The rule of thumb I use for standings (and note: this is NOT exact) is that each 1.3 points of faction-to-player standing, AND each 3 points of corp-to-player standing, is worth a whole additional level of the Broker Relations skill.

My broker fees at Dodixie are 0.24%, and are similar at Sisters stations.

I support the New Order and CODE. alliance. www.minerbumping.com

Thoraemond
Far Ranger
#17 - 2015-11-07 03:29:33 UTC
NFain wrote:
Having standings to a corporation lowers taxes on market transactions in that corporations stations.

... as illustrated: http://dl.eve-files.com/media/corp/Thoraemond/eve-market-order-broker-fees-20110417.png. Sabriz has the right of it: the standings of the station's faction to your pilot are two-and-a-third times more significant than the standings of the station's corporation.
Spruillo
947364388th Legion
#18 - 2015-11-08 03:12:03 UTC
because we make the effort to have a jita alt. then jump into a viator to pick the stuff up so you dont have too

PLAYIN SPACE TRUCKS VROOM VROOM

Spruillo
947364388th Legion
#19 - 2015-11-08 03:17:39 UTC
plus CODE, I have to fly stuff using losec doctrine in hisec because of CODE. They will pass, the soeone else will take up the mantle.
Pay an extra 200k for a eanp II not going to kill you

PLAYIN SPACE TRUCKS VROOM VROOM

Spruillo
947364388th Legion
#20 - 2015-11-08 03:20:20 UTC
Spruillo wrote:
plus CODE, I have to fly stuff using losec doctrine in hisec because of CODE. They will pass, the soeone else will take up the mantle.
Pay an extra 200k for a eanp II not going to kill you

pay the extra 200k or i will kill you. I am watching you right now

PLAYIN SPACE TRUCKS VROOM VROOM

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