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Peace Fox
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Posted - 2006.04.25 10:12:00 -
[1]
Tonight 45'000 units of Dysprosium has been sold in Jita @ 15'000 isk per unit. It has never been so high since POS - business has been set up in eve.
What is the reason? Dysprosium is not the rarest moon metall. It is Promethium. But Promethium goes at 5000. So there are must be many Dysprosium moons which are not harvested? Why? Is there any reason? Profit must be excellent: 100 units Dysp per hour -> 16'800 units per week @ 15'000 = 252 mil per week easy profit.
What happens??
Please discuss
Peace Fox
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Wokrred
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Posted - 2006.04.25 11:42:00 -
[2]
Edited by: Wokrred on 25/04/2006 11:44:45
Just means there is a high demand and no supply.
Reminds me of one Chirstmas several years back when cabbage patch kids was popular. People where paying $100+ for one and people where getting into fistfights to get them.
Edit: If memory serves me right it was in the mid to late 80's
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BCBArclight
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Posted - 2006.04.25 12:43:00 -
[3]
If anyone has a location of a Dysprosium moon in the lower east end of the universe please give me a shout :P
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Posted - 2006.04.25 13:14:00 -
[4]
I got 1779 moons in my survey database, of those 1 (one) has dysprosium. And that's next door to a camped 10/10 in 0.0 space these days. So if it's expensive there's a reason: it's rare, might very well be rarer than prom.
Alternative explanation: 0.0 producers of the stuff went out of business with the new "let's disband!!1!" fad.
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TitusFlamininus
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Posted - 2006.04.25 14:16:00 -
[5]
Edited by: TitusFlamininus on 25/04/2006 14:16:10
I have over 1500 moons with minerals (ie. ~3000 surveyed moons) in my database, and of those there are the following:
- 1x Dysprosium
- 1x Promethium
- 1x Thulium
- 5x Niobdynium
- 45x Mercury
- 48x Hafnium
So yes, Dysprosium IS damn rare. And before you ask, these are all deeeeeep in 0.0 
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Vishnej
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Posted - 2006.04.25 14:19:00 -
[6]
The scale for dysp is maybe 2-4 per average sized region.
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TitusFlamininus
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Posted - 2006.04.25 14:35:00 -
[7]
 Originally by: Vishnej
The scale for dysp is maybe 2-4 per average sized region.
Sounds 'bout right. There also appears to be some spread in locality for the rarest moon minerals (Nb, Pm, Dy, Th).
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diskONE
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Posted - 2006.04.25 14:59:00 -
[8]
I agree it should be expensive but it seems lately that the price gone up to very high levels. I know it's rare but 15k a unit seems too much.
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Johnathan Roark
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Posted - 2006.04.25 15:36:00 -
[9]
Edited by: Johnathan Roark on 25/04/2006 15:37:52
my guess is some of the new tech 2 bpos use it. Increased demand, maybe decreased suply.
I bet prices will hit 20k per unit soon.
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BORNtoBEanALT
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Posted - 2006.04.25 15:45:00 -
[10]
TBH i think its a combination of the new T2 bpos and less people being in the POS industry cos only 3 weeks ago the price was 8k and that had gone up from like 4k per unit which it had been at for a long time. So wasnt worth a lot of the hassle to find the moons and trek to them etc cos theyll be in deep 0.0 space probably.
I'm just glad to see the POS economy is getting bk on track 
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MattSB
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Posted - 2006.04.25 15:47:00 -
[11]
^^ damn alt
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Karazaan
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Posted - 2006.04.25 16:53:00 -
[12]
Originally by: Peace Fox
Tonight 45'000 units of Dysprosium has been sold in Jita @ 15'000 isk per unit. It has never been so high since POS - business has been set up in eve.
What is the reason? Dysprosium is not the rarest moon metall. It is Promethium. But Promethium goes at 5000. So there are must be many Dysprosium moons which are not harvested? Why? Is there any reason? Profit must be excellent: 100 units Dysp per hour -> 16'800 units per week @ 15'000 = 252 mil per week easy profit.
What happens??
Please discuss
Peace Fox
What you see on the market is not the price according to the number of moons beeing harvested. The price you see is about the inventory of the stuff.
People tend to sell what they have in over-supply, not what they see they will lack off, soon.
More than a year ago, someone created a rarity index of all the moon stuff, according to their own moons probably, to get the most cash. There was also a lot of copycats studies. Many though this was the gospel of knowledge for that. Scandium was the worst and Prom was the best.
Well, if you tell a lie long enough and often enough, everyone start to beleive it. So Prometium is the best product in the universe? Well, NO, it's the worst, if the market had time enough, it would end up below the price of everything else.
Why? Because Prom beeing use in almost nothing, you don't need a big qty in the universe, in fact, it's so useless that if you put a little more moons, the price would crash to nothingness, so there must be very few moon with that crap.
Now because of the gospel, many were looking for just that product, the legend become so powerful that prom was bought at big price. It was true that if you needed the stuff, you were in trouble, but since the supply was little, there was no way to STOCK IT and sell it for great profit so price stayed high artificially.
Price of today is also a legend but at least it reflect more the reality that Prom is useless and anything else is better, thus price of Prom will continu to lower.
I wrote That little piece more than a year ago saying that all the moon material were equal (except the GAZ ones) and I was arguing with many guys in up to 20 threads about the price of Prom falling to 1000 soon while they were saying it would stay above 16'000 forever. Ok, took longer than I thought... Some people are ready to die for the gospel  .
To answer your other question, seem like the next big patch is turning (as usual) the universe into turmoil with alliances breaking up, systems set aflame and a lot of crying babies not feeded. It's normal to keep stock in the wind of changes and thus price rise a little. Nothing to worry about thou.
Patience is the key to fortune. |
Rodge
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Posted - 2006.04.25 18:33:00 -
[13]
I know that we have dysprosium moons.
I also know that we have better things to do with it than sell it on the market.
So it's not a case that the moons aren't being harvested, it's that a lot of the people that harvest it just use it themselves.
[ 2005.04.17 00:34:30 ] Nagilam > u better leave Rodge, u will not gank any1 else 2nite......
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Dark Shikari
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Posted - 2006.04.25 22:17:00 -
[14]
Its because Ferrogel production went through the roof, and with it went Dysprosium usage.
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Hoobajoob
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Posted - 2006.04.26 05:40:00 -
[15]
How much would scans showing 4+ dysprosium moons within a 1j radius be worth, I wonder?
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Hoobajoob
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Posted - 2006.04.27 02:41:00 -
[16]
My data has been sold. Please do not contact me about it as I have agreed not to sell it to any others.
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Nyphur
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Posted - 2006.04.27 03:41:00 -
[17]
Originally by: Dark Shikari
Its because Ferrogel production went through the roof, and with it went Dysprosium usage.
And now ferrogel prices have hit the floor, it's getting to the point where it'll soon be more profitable to sell the dysprosium than react it. It's already not worth the effort of making ferrogel and for those of us who have been making it for a long time, the price drops are killing business.
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diskONE
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Posted - 2006.04.27 03:47:00 -
[18]
im sure ferrogel will rebound...prices aways go up and down
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Nyphur
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Posted - 2006.04.27 04:26:00 -
[19]
Originally by: diskONE
im sure ferrogel will rebound...prices aways go up and down
It's flatlined from 15k right the way down to 8.8k now and it's still falling. The same stuff has been on the market for weeks without selling in cases. Doesn't look like it's going to rebound any time soon...
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Umbriele
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Posted - 2006.04.27 11:45:00 -
[20]
Originally by: Peace Fox
What is the reason? Dysprosium is not the rarest moon metall. It is Promethium. But Promethium goes at 5000. So there are must be many Dysprosium moons which are not harvested? Why? Is there any reason? Profit must be excellent: 100 units Dysp per hour -> 16'800 units per week @ 15'000 = 252 mil per week easy profit.
What happens??
1) There are not many Dysprosium moons (I am quite sure about it, at least in our regions)
2) People dont sell it, they make fermionics condensates with it, and reactors with the fermionics.
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Scordion
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Posted - 2006.04.27 15:03:00 -
[21]
Well it can't be too amazing. I posted on behalf of my employer in the WTS forums concerning a dysprosium order he wishes to offer. Yet the responses were a total of one.
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Trilliam Blackthorn
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Posted - 2006.04.28 17:50:00 -
[22]
Originally by: Wokrred
Edited by: Wokrred on 25/04/2006 11:44:45
Just means there is a high demand and no supply.
Reminds me of one Chirstmas several years back when cabbage patch kids was popular. People where paying $100+ for one and people where getting into fistfights to get them.
Edit: If memory serves me right it was in the mid to late 80's
Yep....I made just over $40k selling "tickle me Elmo's" on ebay a few years back in the run up to the holidays. It always pays to follow the market trends (even in RL).
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Balazs Simon
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Posted - 2006.04.29 08:40:00 -
[23]
Originally by: Rodge
I know that we have dysprosium moons.
I also know that we have better things to do with it than sell it on the market.
So it's not a case that the moons aren't being harvested, it's that a lot of the people that harvest it just use it themselves.
Yep, thats the reasons... with a little thining you can have your own T2 component building in your backyard...
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POST WITH YOUR MAIN!
This post is my personal opinion. It does not represent the standpoint of the HUN Corporation in any way.
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Kaaii
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Posted - 2006.04.29 11:49:00 -
[24]
Edited by: Kaaii on 29/04/2006 11:49:24
We used to supply around 2mil dyp a month.
Then Iron reset standings :)
blame them...
ps WTS dyp moon locs in "the north".... 
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James Lyrus
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Posted - 2006.05.01 11:37:00 -
[25]
Raws materials price fluctuates wildly, mostly because anyone who dumps raws straight on the market isn't being especially clever.
If you have a rare to sell, there's _very_ few situations where you can't make a better profit by importing a reactant, and reacting first.
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Cell Satimo
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Posted - 2006.05.01 21:47:00 -
[26]
10k+ moons scans, and we've seen about 2:1 ratio of Promethium:Dysprosium moons.
Combine that with the comments above about smarter to react it than sell it, and voila, high market prices.
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Peace Fox
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Posted - 2006.05.02 06:49:00 -
[27]
Well there is a break even point comparing Dysprosium price and reacting to ferrogel or fermionics. .... and i feel it has been reached now. Its prolly less work to sell dysp on the market and make a profit higher than reacting and selling ferrogel or fermionics.
Peace Fox
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