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Kagasumi
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Posted - 2008.01.03 15:35:00 -
[1]
So I'm trying to figure out this market stuff for selling my ore. I can find the ore, obtaining isn't the problem.
However it seems like a lot of the time, I can sell a cargoload of Veldspar for about as much as a cargoload of Scordite or Plagiolase.
Naturally, location seems to have something to do with it. So I check the market window, sellers and buyers. I see stations that have a buyer at a much higher price than where I am at. However taking the ore there doesn't net me more money.
I also see 1 buyer, that is buying for really low and I guess willing to travel 40 jumps. Is this guy bringing the prices down?
I try Kernite, and same sort of thing.... I have to judge it by a cargoload. X number of cargoloads per hour. For Kernite, I can take about 540 ore per load. For Veldspar, I'm taking over 4000 per cargoload. So yes, technically the Kernite sells for more. BUT comparing 1 cargoload to another, the sales prices are very close. For 1 trip back to the station, I make close to the same money.
What am I missing here? Why wouldn't the better ores get me more money? Did I just find a really awesome place to sell Veldspar, that is hard to beat with the other ores?
Anyone have a really good guide to selling ore?
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Ki Tarra
Caldari Ki Tech Industries
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Posted - 2008.01.03 15:49:00 -
[2]
Originally by: Kagasumi However it seems like a lot of the time, I can sell a cargoload of Veldspar for about as much as a cargoload of Scordite or Plagiolase.
This is normal. Originally by: Kagasumi Naturally, location seems to have something to do with it. So I check the market window, sellers and buyers. I see stations that have a buyer at a much higher price than where I am at. However taking the ore there doesn't net me more money.
I also see 1 buyer, that is buying for really low and I guess willing to travel 40 jumps. Is this guy bringing the prices down?
Most likely you are running into minimum quantity limitations. That higher priced buy order might have a minimum quantity required to sell to it. If you don't have enough to qualify, you will get the lower priced region wide buy order instead.
Look more carefully at the order to see how many units you need to be able to sell to those higher priced orders. Originally by: Kagasumi I try Kernite, and same sort of thing.... I have to judge it by a cargoload. X number of cargoloads per hour. For Kernite, I can take about 540 ore per load. For Veldspar, I'm taking over 4000 per cargoload. So yes, technically the Kernite sells for more. BUT comparing 1 cargoload to another, the sales prices are very close. For 1 trip back to the station, I make close to the same money.
What am I missing here? Why wouldn't the better ores get me more money? Did I just find a really awesome place to sell Veldspar, that is hard to beat with the other ores?
Anyone have a really good guide to selling ore?
Comparing ore by volume (cargoloads) is the correct way to do so, as it represents both the effort required to mine and haul the ore.
The reality is that mining Kernite takes the same effort as mining Veldspar. There is simply not a large enough difference in supply and demand to seperate out the prices of the ore, thus all high sec ores are fairly close in value per m3, as effort is the detirmining factor for price.
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Aceoil
Murder-Death-Kill
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Posted - 2008.01.03 15:54:00 -
[3]
Take that veldspar into station, and right click it. You will want to reprocess the veldspar.
Once the station has reprocessed it, you get a valuable material. Tritanium. Which is much smaller. And much more valuable per m3 of space. By its very nature veldspar is mostly dirt and garbage and takes up alot of room. You need to reprocess it to get the good stuff out.
Just like the gold and diamond industry work today. They haul out bags and bags of dirt to be refined at the reprocessing plant.
Plagio and scordite refine into other materials.
I myself have not mined for over a year. I cannot tell you what the most valuable thing is to mine.
But I can tell you this. If you are mining in empire space. You are mining the lowest of the low minerals. Lookup Pure alliance, or hydra alliance, or smash alliance. They are all very close to the caldari state / northern area. If you go and join one of their corps, and go mining out in deep 0.0 space. You will make waaay more cash.
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Ki Tarra
Caldari Ki Tech Industries
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Posted - 2008.01.03 16:02:00 -
[4]
Originally by: Aceoil Take that veldspar into station, and right click it. You will want to reprocess the veldspar.
Or better yet, do your mining in a system with a decent buy order, so that hauling between systems is not required at all.
Unless you have better than 95% refining effeciency, you will normally be better off selling the raw ore.
Quite often you can make more ISK selling the raw ore even with 100% refining skills as the industrialists buying the ore don't always update their buy orders to reflect drops in mineral prices.
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Aceoil
Murder-Death-Kill
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Posted - 2008.01.03 16:07:00 -
[5]
Yes. You can reprocess or sell it straight up. Sometimes all the buy orders for ore get exhausted, and you are better off reprocessing and hauling to the local trade hub. At other times it is better just to sell the ore in system.
Kagasumi will have to make a spreadsheet to figure out which is the more profitable venture.
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Kagasumi
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Posted - 2008.01.03 17:17:00 -
[6]
Originally by: Aceoil Yes. You can reprocess or sell it straight up. Sometimes all the buy orders for ore get exhausted, and you are better off reprocessing and hauling to the local trade hub. At other times it is better just to sell the ore in system.
Kagasumi will have to make a spreadsheet to figure out which is the more profitable venture.
Thank you all for the help.
So is the sell price affected by the buy orders per station, or region?
For example, I had some Kernite at a station which had a buy order for a really low price (something like 2.0 per ore). I took the Kernite 2 jumps over to a station that listed a buy order for a much higher price (it listed at like 60 per ore). This is a huge difference.
However doing this didn't make my ore sell for a better price, it seemed like a wasted trip. Therefore, it seemed like either the region was averaging a price and it didn't matter where I went in that region. Am I wrong on that?
No place that I have taken ore has been any better or worse than a station right in the solar system where I mined it, so why travel with it?
I must be looking at this wrong, or not seeing the differences properly. I will keep trying to look at it, and maybe chart it out a bit.
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Ki Tarra
Caldari Ki Tech Industries
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Posted - 2008.01.03 17:23:00 -
[7]
Ore and Minerals are purchased by other players. The price for them is whatever those other players are willing to pay for them.
When someone creates a buy order, they specify the price, range, minimum and maximum quanity for their order.
The most likely reason that you were unable to sell to a higher priced orders is because you did not have the minimum quantity specified by the buyer.
If you do not like the price offered through the buy orders, you can also create a sell order by pressing the advanced button when selling your ore. You can then specify the price that you want to receive. If another player purchases your ore, you will get that higher price.
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Gulnaer
In Flagrante Delicto
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Posted - 2008.01.03 18:19:00 -
[8]
I'd add that you cannot choose who to sell to specifically, the game will always sell it to the highest buy order you can fulfill at your current location. So you can't screw yourself unless you just click sell without looking at the details and comparing it to the market. Clicking sell without checking will still get you the best you can get where you are but that may be wildly different from another station in the same system or another system.
When you look at the market screens you are seeing a region. Prices vary from region to region as well which is why people often use their other character slots to sit them in other popular region trading hubs to easily do price checks.
You can use the mineral calculator at Grismar Ore both in game and out to input the price of trit, etc and it will tell you what ores are best to mine currently. It assumes a perfect refine but is just a useful for less than a perfect refine as the loss you'd suffer would be the same on any of the ores.
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MotherMoon
Huang Yinglong
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Posted - 2008.01.03 18:53:00 -
[9]
yup check the prices of the minerals not the ore.
also don't forget buy orders are player created :)
why not set up shop and sell the ore on the open market?
right click and create a sell order?
not as fast though.
pink supporter! Future art director at CCP! or texture guy, either or :P http://www.digipen.edu/main/Gallery_Games_2004#Narbacular_Drop Was in class with these folks :P |
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