New Ports Market policy

[Captain Jack]

Current Supply & Demand rules for all resources can be found here:
viewtopic.php?f=13&t=88#

We are suggesting further modifiers based on current stock in port warehouses.
The existing comparison modifiers will be maintained.

For resources sold by markets, base price will be modified as following (ports will sell at these prices):
100M or less => Base Price + 2
500M or less => Base Price + 1
1B or more => Base Price - 1
1.5B or more => Base Price -2

From now on, ports will keep the resources they bought at every update. Their stocks will become visible.
According to these stocks, their base price will be affected in this way:
For resources bought by markets, base price will be modified as following (ports will buy at these prices):
100M or less => Base Price + 2
500M or less => Base Price + 1
1B or more => Base Price - 1
1.5B or more => Base Price -2

These modifiers will be calculated per resource update (every 3 days).

The idea has been first mentioned in the public discussion we held last week at the community chat. They are considered a step forward in creating more realistic and competitive trading while they will also create a more realistic platform for plantation owners. The ports will play the middle man between plantation owners who want to sell their goods and those who want to buy. Our objective is to gradually eliminate it so we can speak about unrestricted, rule free, supply and demand rules for the resources trading.

We could proceed with this suggestion right away. I am awaiting for your feedback before approving it.

The major issue about this suggestion is that potentially, there will be trades that will create negative income in contrary to what happens today. Early on, this will not be possible as all markets will start from 0 stock. This means that all markets will BUY at +2 from what they currently buy.

Gradually though, we could reach a point where (for example) cotton's best price to buy would be 7 gc and best price to sell could be 4 (hard to happen but still the most extreme scenario).

[Yekin]

How do ports get rid of stuff after they have accumulated it?

[TheLoveTiger]

+1, traders have it pretty easy so this limiting and updating will make the market more realistic. CJ no need to wait for others to chime in, my vote is enough.

[Sebena]

I know that most big trader will not like this as they will need to rearrange their trade routes so I am expecting big hate twoards it for me it will be ok only concern is that we will see ports with no ships incomming or leaving (it will be awesome but also sad at the same time)

[Captain Jack]

How do ports get rid of stuff after they have accumulated it?

Port population consumption as the first step. When we are ready, we will have free trade (ports buy and sell all resources).
I am creating a topic for port population right now.

[Sebena]

How do ports get rid of stuff after they have accumulated it?

They buy it then they burn it because they are pyromaniacs

[Captain Jack]

Implemented.

The new system is already running as we needed to ensure it is bug free before its first run tonight.
This means that ports already buy and sell based to this.

[Grapefruit]

what happened there?
the port prices changed....
my profits went up....
but today the prices have all changed back.

[Zephore]

what happened there?
the port prices changed....
my profits went up....
but today the prices have all changed back.

Stock changed?

[Kiwee]

Does the population of ports influence the speed at which merchandise will be used?