As the dust settles on Jita, seemingly little had changed in the massive market hub. Despite hundreds of billions of isk destroyed in a few days, the hub remains. The only remnants of the massive wave of destruction being elevated prices for Tornadoes, Thrashers, and Freighters:
While we’re looking at market info, here’s a couple of other fun graphs from Jita. It seems someone cornered the market of Scandium in March. Around March 10th, someone (or a consortium) bought up a large quantity of Scandium in a short period of time. Volume went through the roof before they began putting the commodity back on the market at inflated prices. In early April, the price toppled. Based on the volumes involved, it looks like they were successful in emptying their inventory before supply-side forces corrected the market.
Another fun one to talk about is, obviously, Technetium. Around April 10th, there was an increase in volume on the market, followed by a slow, steady increase in price for tech. About two weeks later, The Mittani announced:
The price was already on the rise, but if you look at the daily spread, you can see that the price bubble was flagging. With these two tweets, The Mittani pushed the price up again. He later claimed that it had been a bluff, but it was so successful that he has since entered talks with several of the other major players in the Technetium market to follow through with this threat/promise. Of course, it is difficult to know when the trolls end and the truth begins, so we can only wait and see what happens with the market. With the share of the technetium moons the CFC holds, The Mittani does, indeed, have the power to heavily influence the price of technetium. If he can get a couple other alliances to follow his lead, the price could easily skyrocket.
So, on the heels of all of these market forces, what we really need to throw the market into a rollercoaster is hitting the rest of the base commodities.
Helicity opened up Hulkageddon 5 on the 29th. Here is the official site, so you can keep up on the event. It started on the tail end of Burn Jita, and the technetium thing. With Jita over, the CFC gank crew has begun moving out of Jita and into the high sec belts, in search of hulks-of-opportunity. The event is drawing even more interest than previous years. Poetic is even getting in some ganks. In the day that it has been running, it has broken 100b isk of miner tears already, according to eve-kill. 334 Hulks dead and counting. That said, one kill deserves a special mention.
Yep, that’s a Pithum A-type invuln on there as well as a Pithum A-type small shield booster. With a Pithum A-type EM ward to top off the deadspace tank on that thing. Despite all the bling, it looks like it died in short order. All that to mine Pyroxeres. Nice kill to superducky and (possible his alt) Karma Reid. Whether you are mining, ganking, or playing the market, it looks like this week will be a wild ride.
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