Pure ess and Flax

[janchuks]

I'm not very big economist and merchanter and so on, so don't call me idiot please

 

 

 

 

 

1. There are still only few low lvl players who mine pure ess

 

2. There are very much low lvl players picking up flax

 

3. With the new quest rewards, with 100% approval you can get each day flax at about 40 gp ea

 

4. It's posible that flax prices will drop

 

5. That means bowstring prices also could drop

 

6. If the bow string price will drop realy low (I don't believe it, but I would love that), than flax pickers would go better and mine pure ess, right?

 

7. That means that maybe pure essence would slowly drop, or at least won't go higher

 

 

 

I thought of this when I read that someone has gotten over 1k Flax per day at kingdom (15-16-309-23679234)

 

 

 

Off topic:dam, while writing this topic died at steel drags -.-, gladly lost only about ~900k, last dieing there lost about 3 mil :cry:

 

 

 

 

 

Your opinions?

[FuBai]

sad about u dying. Anyway, yes it does seem possible, the only point I think it may fall down would be at miscleania. I realy dont think enough people are gunna be using the chest or have done the quest to produce enough flax to lower the total price.

[dogfever]

It's a fairly contrived route to Throne of M and Royal Trouble (Fremmy Trial and Heros needed). In addition the initial investment required for a reasonable return is high. I can't imagine many people going to all that trouble for flax to be honest.

 

 

 

Besides atm the bowstring market is very much dominated by demand, people selling in Seers Bank rarely have to shout more than once before someone buys their strings. So the market could probably bear an increase in production without really damaging the price of flax/bs.

 

 

 

df

[namename]

All true.

[12pure34]

For myself, I am a big economist :wink:

 

 

 

I was thinking this: When pure essence came out, lots of people had huge stashes of Pure Essence in their bank, so the demand wasn't extremely high. People just continued to produce natures and law runes, but slowly people realized that their stock would be drained quickly at this rate, so people started to buy more, just in case prices would go sky high.

 

 

 

Now their stocks have run out, so people are asking more then others offer, so prices are going sky high. This means, less offer, means less natures and laws! Less natures means less yew longbows to be alched, so less flax required! :o

 

 

 

' I hope you can still follow me, but eventually, their will be a balance. Flax prices will go down a little bit, but not that much, but Pure Essence prcies will surely go even with the flax prices, I'd say around 125gp ea for both.

 

 

 

This is because there is no flax required, if there are no yew longbows to alch, since yew longbows are the perfect item to alch!

 

 

 

Economics is all about balances and there is going to be a balance between the high alch value of yew longbows, the costs of natures (and so the cost of pure essence :twisted: ), the cost of flax :roll: and the cost of yew logs. Yew logs are already dropping, so this creates room for items such as natures to go up. This will allow pure essence to be a little bit more expensive, so more people will be mining pure essence, instead of picking flax.

 

 

 

TIP: Magic guild pure essence mining is faster then flax picking! If pure essence will make the same price as flax, more people will be mining pure essence, because of the higher money/hour and the little mining experience.

 

 

 

An excuse would be strining your own flax, which gives good crafting experience and bowstrings are worth more then flax.

 

 

 

~~~~~

 

I hope I have given a clear picture about Runescapes economy and I hope you can understand, because I am no teacher 8-)

 

 

 

*ex- The improve loot rating from miscaline will not affect flax prices, as the amount of flax received from the island is about 0.1% - 1% of what flax pickers can pick during the 24 hour process. :?

 

 

 

[n64jive]

off topic: WOOOOT SIGS BACK!!

 

 

 

on topic: yeah, don't really think that far into the economy, prices don't ussually flucuate to much over something like this

[12pure34]

excuse me, essence prices of rune have divived by 4 and pure essence has more then doubled. Flax prices went from steady 100 to a nice 150.

 

 

 

That is 50%!

 

Cowhides have increased by 50% (by merchanters)

 

Rares are doubling every second :S

 

God armour has decreased over 500k for sara!

 

 

 

What else has changed which has had a nice feedback on us, the people:

 

Prayer pots, once 5k.. now 6-7k each and 8k in bulks

 

Hmm.. your not convinced yet.. let's see:

 

Yew logs, started 200gp each @ rs2! Went up 50% and are going down aproximatly 25-33% now.

 

Nature runes: 300ea steady price, slowly crawling up to 350gp ea and are going for an impressive 400gp ea in less then no time.

 

Same goes for law runes, ofcourse.

 

Chaos runes and deaths remain the same, duhhh... shop prices :wink:

 

 

 

My expectations, merchanters are like our fear for robots. We created them and before we know they are changing and conquering the world. True skill is not required anymore, we use the noobs to collect everything for us and this will go on.. sadly

 

 

 

Fluctuations are THE key to pull down the runescape-society of merchanters. But on the other hand, some of them will be able to make massive profits.

[n64jive]

excuse me, essence prices of rune have divived by 4 and pure essence has more then doubled. Flax prices went from steady 100 to a nice 150.

 

 

 

That is 50%!

 

Cowhides have increased by 50% (by merchanters)

 

Rares are doubling every second :S

 

God armour has decreased over 500k for sara!

 

 

 

What else has changed which has had a nice feedback on us, the people:

 

Prayer pots, once 5k.. now 6-7k each and 8k in bulks

 

Hmm.. your not convinced yet.. let's see:

 

Yew logs, started 200gp each @ rs2! Went up 50% and are going down aproximatly 25-33% now.

 

Nature runes: 300ea steady price, slowly crawling up to 350gp ea and are going for an impressive 400gp ea in less then no time.

 

Same goes for law runes, ofcourse.

 

Chaos runes and deaths remain the same, duhhh... shop prices :wink:

 

 

 

My expectations, merchanters are like our fear for robots. We created them and before we know they are changing and conquering the world. True skill is not required anymore, we use the noobs to collect everything for us and this will go on.. sadly

 

 

 

Fluctuations are THE key to pull down the runescape-society of merchanters. But on the other hand, some of them will be able to make massive profits.

 

 

 

yew logs were 200 ea at the start of rs2 because not very many ppl cut them because they were p2p only. Because so few people cut them, not many were into buying them, ppl alched steel plates instead.

 

 

 

Natures started at 300 ea, went to 400 ea, and declined back down to 300 ea....

 

 

 

prayer pots were once 3k ea...or 1k per dose...they rose when barrows were released.

 

 

 

ess prices used to go for 30-40 ea...and now pure goes for what 60-80...ok...so that double, but thats because that was a major update...millions of essences changed to ess that can only make basic runes...this guy is talkin bout a small update where people can now obtain a little more raw materials from the kingdom.

 

 

 

This isnt going to flucuate prices as much as you think.

[Mirror]

Well I have yet to try Royal Trouble yet and see whether the give better rewards. Fluctuations, mucktations. Just keep going with Runescape. Plus this will make Merchants work harder for their money, so they actually have to do something for a change. :lol: