Simcountry
Forum General World Market and prices

World Market and prices

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"King Louis Emunne Thermopalis Gernaldi

All worlds
25 Nov 2013 05:17Link
the fall in world prices and increased production is hitting me hard. My chemical, Electronic and oil corps are having a hard time. Anyone else having problems
T
thewhy

All worlds
25 Nov 2013 06:08Link
it will balance out... i think the GM is actually doing some stuff that will be good in the long run
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"King Louis Emunne Thermopalis Gernaldi

All worlds
25 Nov 2013 07:24Link
all my oil and and chemical firms just made a lost last month my electronic firms are barely making a profit the game needs to balance soon
A
Andy

All worlds
25 Nov 2013 11:02Link
The increase in production last week was small but C3s are closing corporations faster and also creating new ones faster.

If many corporations are closed, the purchasing is also reduced. closed corporations do not need any materials.

Then, after a short delay, many new corporations are created and these do need raw materials and purchasing increases again.

we expect all this to stabilize and the large fluctuations to die down but there will be more flexibility then before and shortages might end up smaller.

You can see the number of corporations producing each product on the utilization page and some products had major fluctuations last week and smaller ones continuing.

As to the price:
if there is a surplus on the market (total numbers and not the month utilization numbers), the price declines. (one month delay max).
on that page, you can see the market price graph and you will find out
X
XON Xyooj

All worlds
25 Nov 2013 22:20Link
it should be common sense that products which has large shortage should be more profitable and products with large surplus should less profitable (or not profitable).

T
thewhy

All worlds
25 Nov 2013 23:23Link
they arent profitable ATM because of large surpluses.... if you look at the graphs many corps are closing shortages are returning and the markets are stabilized
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"King Louis Emunne Thermopalis Gernaldi

All worlds
26 Nov 2013 02:05Link
of course i understand the mechanism the supply and demand model what i was to know is if it is simcountry programs who are driving down prices cause andy mentioned something about prices changes a while back
T
thewhy

All worlds
26 Nov 2013 02:58Link
yes it is the changed the prodcution values of many high volume industries
R
Rage Fury

All worlds
26 Nov 2013 18:22Link
As thewhy said, production has changed for multiple industries. The GM has also indicated that some player or players have dumped product into the market.
The GM said specifically: "If you see utilization >130% it cannot be by production but by dumping by players.
Everything above 110% is probably due to dumping."

There are several industries with values above 130% and that suggests they got dumped on. Things should settle soon enough.
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"King Louis Emunne Thermopalis Gernaldi

All worlds
30 Nov 2013 15:38Link
well the chemical market isnt fixing itself my chemical corps are totally failing
C
Central Banker

All worlds
30 Nov 2013 18:13Link
Oil has been well below its $300+ days for quite some time now. Look at the highest market value in oil companies now, it is all sub $400 B
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"King Louis Emunne Thermopalis Gernaldi

All worlds
30 Nov 2013 18:25Link
my oil companies managed to recover a bit but they are nowhere near where they use to be and price of chemical have more than halved since this new shake up. And its doesnt seem to be working itself out. If chemical price or the quantity of chemical produce by each corporation dont increase chemicals will be right back where they started with a huge shortage so the changes made by the game programers would be in vain
J
Josias

All worlds
30 Nov 2013 18:59Link
I don't think the entire point is to just make more money with out an extra level of uncertainty