World Market and prices

the fall in world prices and increased production is hitting me hard. My chemical, Electronic and oil corps are having a hard time. Anyone else having problems

it will balance out... i think the GM is actually doing some stuff that will be good in the long run

all my oil and and chemical firms just made a lost last month my electronic firms are barely making a profit the game needs to balance soon

The increase in production last week was small but C3s are closing corporations faster and also creating new ones faster.

If many corporations are closed, the purchasing is also reduced. closed corporations do not need any materials.

Then, after a short delay, many new corporations are created and these do need raw materials and purchasing increases again.

we expect all this to stabilize and the large fluctuations to die down but there will be more flexibility then before and shortages might end up smaller.

You can see the number of corporations producing each product on the utilization page and some products had major fluctuations last week and smaller ones continuing.

As to the price:
if there is a surplus on the market (total numbers and not the month utilization numbers), the price declines. (one month delay max).
on that page, you can see the market price graph and you will find out that many products that had price declines, are now recovering with the increasing buying by the many new corporations. Some materials are not needed directly but the increase in the purchasing of some, influences others in a chain reaction.

All this is good. The market was probably too tight and there was not enough work force to add many corporation. With just a little more space now, the market seems to become more dynamic.

it should be common sense that products which has large shortage should be more profitable and products with large surplus should less profitable (or not profitable).

they arent profitable ATM because of large surpluses.... if you look at the graphs many corps are closing shortages are returning and the markets are stabilized

of course i understand the mechanism the supply and demand model what i was to know is if it is simcountry programs who are driving down prices cause andy mentioned something about prices changes a while back

yes it is the changed the prodcution values of many high volume industries

As thewhy said, production has changed for multiple industries. The GM has also indicated that some player or players have dumped product into the market.
The GM said specifically: "If you see utilization >130% it cannot be by production but by dumping by players.
Everything above 110% is probably due to dumping."

There are several industries with values above 130% and that suggests they got dumped on. Things should settle soon enough.

well the chemical market isnt fixing itself my chemical corps are totally failing

Oil has been well below its $300+ days for quite some time now. Look at the highest market value in oil companies now, it is all sub $400 B

my oil companies managed to recover a bit but they are nowhere near where they use to be and price of chemical have more than halved since this new shake up. And its doesnt seem to be working itself out. If chemical price or the quantity of chemical produce by each corporation dont increase chemicals will be right back where they started with a huge shortage so the changes made by the game programers would be in vain

I don't think the entire point is to just make more money with out an extra level of uncertainty