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calculating ore prices
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merlin Aldeland
Isky Business.
#1 - 2015-12-26 17:06:58 UTC
hi how do i calculate ore prices?
also is market ore per piece or per m3?
ergherhdfgh
Imperial Academy
Amarr Empire
#2 - 2015-12-26 17:14:22 UTC
http://ore.cerlestes.de/#site:ore

everything in the market is priced per unit.

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Memphis Baas
#3 - 2015-12-26 17:58:46 UTC
Otherwise, if you absolutely don't want to look up an EVE-related website and want to calculate the prices yourself:

You take each batch of ore (100 units).
You figure out what minerals are produced when you refine the batch of ore.
You look up the prices for each mineral on the market.
You add it all up.
You add the market taxes and broker fees.

And that's the price you should charge for those 100 units of ore.

Normally, what you'll see on the market is ore buy orders that are close to the calculations from all the minerals. This is because the buyers will use their refinery skills to get slightly more minerals than a newbie would, and thus they can make a small profit.

If you're a newbie just mining for some cash, you can try to sell the ore, if the prices are good and the buyer is local. However, minerals take up a lot less space in an industrial (transport) ship, compared to the ore, so if there aren't any local buyers and you must haul your stuff to a market trading hub (Jita, Dodixie, etc.), then it's more effective to refine the ore yourself and transport the minerals.

Be careful when transporting minerals or bulk goods; the industrial ships are very easy to kill, and you may be suicide-ganked for the loot. This can happen even in the highest-of-highsec, and usually happens at the gates leading to the trading hub area.
ergherhdfgh
Imperial Academy
Amarr Empire
#4 - 2015-12-26 18:28:30 UTC
Memphis Baas wrote:

If you're a newbie just mining for some cash, you can try to sell the ore, if the prices are good and the buyer is local. However, minerals take up a lot less space in an industrial (transport) ship, compared to the ore, so if there aren't any local buyers and you must haul your stuff to a market trading hub (Jita, Dodixie, etc.), then it's more effective to refine the ore yourself and transport the minerals. .

Highend mins are much less space than high end ore. When it comes to something like veld and trit it's not so clear cut. Yes the trit I believe is about half the volume of the veld but now-a-days many people are compression and moving ore so you can sometimes find people willing to pay more for the ore versus the mins.

With the reprocessing changes of about a year ago max reprocessing yield is not so clear cut. Therefore all you can really do if figure out what YOU can currently get for yield and if it's worth it or not to reprocess.

Bottom line is that if you don't have very high reprocessing skills and access to a PoS or null sec station then you likely are better off selling the ore.

Although honestly I've been living in null so long that I am a bit disconnected from high sec ore prices so you'll have to do your own research.

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Chainsaw Plankton
FaDoyToy
#5 - 2015-12-26 20:42:25 UTC
On the market it is per unit

comparing isk/m3 is useful as it lets you compare the ores. a miner does a set amount of m3 so it makes sense to grab whatever has the most value in m3. one unit of veldspar is cheap but they are also tiny. where arkonor is more valuable but is 16m3. just comparing the price doesn't say much. the isk/m3 lets you compare the values of how much ore will be mined each cycle and how much ore you can haul

I like this site, it also has a whole bunch of other tools: https://www.fuzzwork.co.uk/ore/ it is typically pretty accurate however with the LP tool I've noticed a few ways it can produce incorrect results. Looks like the ore tool takes a 5% price so in mineral markets that should be hard to mess with, unless you are in a low population region.

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J'Poll
School of Applied Knowledge
Caldari State
#6 - 2015-12-27 00:08:34 UTC
merlin Aldeland wrote:
hi how do i calculate ore prices?
also is market ore per piece or per m3?


You know that this is actually a very good question, one which I can't directly answer.

But the fun part, prices on the market are per unit (all stuff is bought in units, so prices are giving in that quantity).

Now for the fun part, miners mine a certain m3 each cycle.
Each ore has it's own mass in m3/unit, so here comes the fun part of calculation which one is best to mine.
As I'm no miner (anymore) and not interested in it, I don't have a clue on whcih is best atm.

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Professor Humbert
Project Fruit House
#7 - 2016-01-06 11:06:39 UTC
What the others said are about the refined ore's mieral worth.
If you want the market value of the ore as itself, lookup the Jita price of the compressed version of the ore then devide it by 100.
Hasikan Miallok
Republic University
Minmatar Republic
#8 - 2016-01-07 03:30:11 UTC
Even after all that the best ore to mine is not necessary the one that gives you the most ISK/hour when mining.

You need to take into account travel time back to station once the hold is full and travel time to market once you have a large enough horde to sell.

Sometimes after all the calculations, you are actually better off just mining generic veld locally and selling it at a local hub to buy orders.