Why is lob and yew price falling but coal still holding ?

[noobnoob]

I think is it partially due to the new smithing items that is constantly being introduce into p2p unlike the other two skills

 

 

 

Do you think otherwise ?

[operationfl]

More people supplying yews and lobs while the same amount of people mining coal.

[Umega]

Shark prices have also fallen probably because of them. They were usually 1k each for cooked, your lucky if you can sell them for 900 each now.

[Sharane]

Coal has a bigger demand with less places to mine it. Hence, it's more valuable as a resource.

[Duke_Freedom]

Shark prices have also fallen probably because of them. They were usually 1k each for cooked, your lucky if you can sell them for 900 each now.

 

 

 

It has been hard to sell them for 1K each in bulk for a long time...

[rft]

bear in mind that yews and lobs can all be gathered without much effort required. you can just sit there click on a tree/spot read forums and wait for the next spot. With mining, it takes a lot of concentrated effort, you have to be fighting against other people who are all wanting resources. This is why coal doesnt drop in price - the demand is much higher for it.

[jaskkes]

I think its also because the demand for lobsters and yews have gone down also. Aswell as not many people mining coal as people are fishing and cutting yews (macros :'()

[beanonator]

Coal is always in demand (Steel-Rune)+most members don't mine it,and its pretty hard in Ftp itself.

[Bubsa]

More people supplying yews and lobs while the same amount of people mining coal.

 

By "people" I'm sure you mean "bots".

[SweetKai]

Hey, bots have feelings too you know.

[Giordano]

I think people believe lobs/yews are a good way to make money.

 

Go to the Help & Advice and to the "Making money" threads, 4 out of 5 times some guy says cut yews. Its easier to cut yews and fish lobs rather than to mine it (thus why a lot of people hate mining).

 

 

 

But this is all good for me, when I get 55 magic=High alch yew longs ftw. \

[sligo]

You guys just don't seem to understand economics!

 

 

 

Why is coal maintained price but yews and big fish decreased? Let's look at supply and demand:

 

 

 

1. Coal: Supply remains constant because there are no new sources of coal. The increased amount of players increasing the supply is compenstated by the increased amount of players needing coal. Thus, the price remains stable.

 

 

 

2. Yews: With the advent of cross bows which require different types of wood (specifically, teak & mahogany), and the advent of construction, demand for yews has decreased, but the supply has remained about the same. Thus a decrease in price.

 

 

 

3. Lobbies, swordies and sharks: The advent of new types of food: Tuna-potatoes and monkfish, specifically, have given alternatives to the more traditional food sources. Yet the supply of the traditional food sources has remained the same. Thus, a decrease in the price.

 

 

 

Here are some predictions:

 

 

 

1. Law: Laws will inevitably decrease in price because there are more and more alternative teleportation and transportation routes (fairy rings, canoes, ships, etc). However, since these points are relatively fixed, and do not necessarily coincide with the teleport locations, the decrease in law prices will not be significant. I don't see them going below 500 except in large quantities.

 

 

 

2. Addy & Mith: I think these prices will increase a bit because of cross bows. Mid-level players will be willing to pay for bolts rather than make them, thus spurring a greater demain for the mid-level metals.

 

 

 

3. Gems: Everything from pearls and opals thru dragonstone will increase in price. Again, cross bows.

 

 

 

One note about the cross bows. I think this will be short-lived. Cross bows are the "new and cool thing" right now, but a lot of people will likely switch back to their traditional ranging weaponry for a variety of reasons - mainly, bows are faster and the arrows cost less to make.

 

 

 

These are just my observations. I could be wrong you know!

 

 

 

- Sligo

[gotsol]

autoers :'(, jagex needs to post that they banned "10,000 accounts so prices will magically rise again and we will think everything is better" takes 2 months for jagex to ban 10,000 accounts. Takes 1min to creat a new account....

[drgnrider]

The supply of yews has gone up and the demand gone down = lower price

 

Supply of lobs has stayed the same but the demand gone down=lower price

 

 

 

Coal supply is constant demand is constant=price is constant

[bionicl00]

Definately autos are the reason yew and lobbies have gone down. Seems to me that lobbies have stayed at a consistent 200 each for at least the past couple of months. Without autoers I can say that Lobbies and yews would go up in price again.

 

 

 

When lobbies hit 500gp a pop you can say " #-o Where'd all the autos go? I need cheap food and wood!"

 

 

 

PS Don't get me wrong I hate autos too but I'm just saying this is probably whats going to happen.

[Stilev]

people don't auto coal, thats why :-w

[Ragen]

I've wondered how much the managing kindoms has affected the economy. I plan to make a killing from it. The coal there only costs 91 gp. I can double my money every 10 days \

[zubeedoo]

Here we go:

 

 

 

Bots:

 

Bots have had a HUGE impact on the runescape economy, sending the supply of most materials through the roof. Bots tend to avoid mining, and usually focus on fishing and woodcutting.

 

 

 

Demand:

 

2 coal per steel bar.

 

8 coal per runeite bar

 

The vast majority of full rune sets are smithed, and most people level up their smithing with steel bars.

 

 

 

Yews have become less popular ever since construction came out.

 

 

 

Lobsters have never had much of a demand when compared to other things. How long will 1000 coal last you? That could be used to make 100 steel platebodies, which can be done in 10-15 minutes.

 

 

 

Now 1000 lobsters? How fast do you go through those? Using them individually causes them to be used VERY slowly, I know I've used more coal in the last week or so then I have lobbies in my entire rs existence.

 

 

 

Supply:

 

Bots aside, the supply ratio of yews/coal/food is very uneven, with food having the greatest supply and coal having the smallest. There is no competition in fishing, little competition in woodcutting, and a lot of competition in mining, and the ratio of the supply (collected or not) is just as different.