Maybe FDev could decide whether Painite is special or not?

[NecasekO]

It does seem that the recent price balancing only changed average price while leaving the min/max spread ratios unchanged.

Another example is silver, which seems to be boosted to 10x previous price levels, also boosting the profit margins to 10000-15000 Cr/ton for bulk trading (used to be 1000-1500, very modest profit margin).
Gold was boosted around 5x which means that, when trading, it currently has lower profit per ton than silver.

 

[Eraden]

As you have said, it's not so much the price per ton now that is the issue, it's the demand level and the variability of this level coupled with the associated demand level price fall-off... It's simply not economical to jump between a dozen stations to sell 50t at each of them... Screw that!

So as it currently stands, mining is dead for me. Even if I gathered the materials, I couldn't sell them efficiently... Without dozens of trips at 50t a trip until the demand dwindled to zip.

Try mining Platinum in Platinum hotspots. Platinum prices are very stable and the return is really good.

 

[Susanna]

Try mining Platinum in Platinum hotspots. Platinum prices are very stable and the return is really good.

Thanks, that is certainly one of the options, but the issue is the market demand... Only one market has a decent demand level 11k) while the rest are below 3k.

Commodity Platinum - EDDB

Commodity Platinum in Elite: Dangerous - Find the best buying and selling stations

eddb.io

So yes, platinum might be one possible mat to mine. But it is hardly a high value item.

 

[Eraden]

Thanks, that is certainly one of the options, but the issue is the market demand... Only one market has a decent demand level 11k) while the rest are below 3k.

Commodity Platinum - EDDB

Commodity Platinum in Elite: Dangerous - Find the best buying and selling stations

eddb.io

So yes, platinum might be one possible mat to mine. But it is hardly a high value item.

250-300K per ton is not high value???? Good lord, somebody here has been spoiled rotten by the LTD rush! My cargo hold is packed with 60-70 million worth of Platinum and Osmium right now. I got that in just a single hour's worth of mining. Just how much do you expect to be making from mining?

 

[K Olley]

Over the last couple of days I emptied my carrier, cr2.4 Billion profit, a couple of weeks mining 20kt and that was sold at Colonia prices.

 

[Glock_N_Load]

I can't recall seeing any hot spots other than Painite in metallic rings. Does anyone out there know if Osmium or Platinum hot spots actually exist in the game?

I have seen Platinum at one spot.
Hyades Sector DB-X d1-112 A

 

[Stealthie]

250-300K per ton is not high value???? Good lord, somebody here has been spoiled rotten by the LTD rush! My cargo hold is packed with 60-70 million worth of Platinum and Osmium right now. I got that in just a single hour's worth of mining. Just how much do you expect to be making from mining?

This has been addressed MULTIPLE times already.
It's a shame people don't seem able to understand it.

It isn't the VALUE of Painite that's broken.
It's the volatility of the market that's broken.

You can sell your Osmium or your Platinum to a whole heap of places for around 95% of the best possible price.

With Painite, there'll be one place offering the best price (briefly) and then a couple offering around 75% of that price and then others offering 65%.

Painite is valued at roughly the same as Osmium and Platinum but it's MUCH harder to sell for a good price.

 

[Hullreaver]

With Painite, there'll be one place offering the best price (briefly) and then a couple offering around 75% of that price and then others offering 65%.

Painite is valued at roughly the same as Osmium and Platinum but it's MUCH harder to sell for a good price.

I get that, but I do not understand why it is an issue. It is risk-reward. If you want the easy money, go osmium or platinum. If you want to risk getting a bigger reward, but more volatility, go painite. I like it.

 

[Eraden]

This has been addressed MULTIPLE times already.
It's a shame people don't seem able to understand it.

It isn't the VALUE of Painite that's broken.
It's the volatility of the market that's broken.

You can sell your Osmium or your Platinum to a whole heap of places for around 95% of the best possible price.

With Painite, there'll be one place offering the best price (briefly) and then a couple offering around 75% of that price and then others offering 65%.

Painite is valued at roughly the same as Osmium and Platinum but it's MUCH harder to sell for a good price.

It's a shame that you don't understand that I was responding to a poster who SPECIFICALLY said that Platinum was not a high value item. My post had NOTHING to do with your concerns about the volatility of Painite prices.