S
spartacus303 (Little Upsilon)
16 Jan 2010 17:39
Link
Example:
Cocoa
Simcountry LU base price: 450
LU market price: 290
Real life market price: 3400
source:
New York's March cocoa contract rose $8 to close at $3,400 per tonne.
http://www.forexpros.com/news/general-news/softs-sugar-and-coffee-sag,-us-cocoa-at-4-mth-top-113342
Sugar
Simcountry LU base price: 160
LU market price: 157
Real life market price: 723.60
London benchmark March white sugar futures retreated $8.20 to end at $723.60 per tonne.
(same source)
Coffee
Simcountry LU base price: 1220
LU market price: 1922
Real life market price: 1375
London's March robusta coffee futures fell $21 to finish at $1,375 per tonne
(same source)
As you can see, except for the coffee market which is relatively realistic, the cocoa and sugar base/market prices are way off. In the case of cocoa the difference is 10x and sugar 5x
I am not suggesting that simcountry prices should follow real-life prices in real-time, that would probably not be possible, I realize that.
What I am suggesting is a price adjustment in the base price.
Cocoa
Simcountry LU base price: 450
LU market price: 290
Real life market price: 3400
source:
New York's March cocoa contract rose $8 to close at $3,400 per tonne.
http://www.forexpros.com/news/general-news/softs-sugar-and-coffee-sag,-us-cocoa-at-4-mth-top-113342
Sugar
Simcountry LU base price: 160
LU market price: 157
Real life market price: 723.60
London benchmark March white sugar futures retreated $8.20 to end at $723.60 per tonne.
(same source)
Coffee
Simcountry LU base price: 1220
LU market price: 1922
Real life market price: 1375
London's March robusta coffee futures fell $21 to finish at $1,375 per tonne
(same source)
As you can see, except for the coffee market which is relatively realistic, the cocoa and sugar base/market prices are way off. In the case of cocoa the difference is 10x and sugar 5x
I am not suggesting that simcountry prices should follow real-life prices in real-time, that would probably not be possible, I realize that.
What I am suggesting is a price adjustment in the base price.