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State of the Markets Report - 27/12

Being an overview of the domestic eUK markets in the past week

Summary
On the 21st, the industries producing Rifles, Tanks, Artillery and Air Units were merged into one, all requiring Iron as a raw material. There is still no word on housing, hospitals and defense systems who are supposedly migrating into the new raw materials industry (?).

Current company bonuses
Iron +25%
Oil +25%
Food +10%

Wages - Down
eUK Wage History

1: Raw company’s offered migration
2: 25% citizen owned company bonus introduced
3: Weapon company's merged/Titanium deleted
Slightly down for the week. Higher skilled wages are up with lower skills bringing the average down.

UK skill 9 wage comparison (g)
- UK 0.54
- USA 0.59
- Canada 0.57
- Ireland 0.42
- Poland 0.65
- Serbia 0.73

Products
Raw Price History

Grain prices are stabilising ~25% lower compared to pre-citizen bonus levels.

Weapons - Down
Still fairly useless, unless you’re planning on fighting the maximum amount of times with food, and still want (and can afford) to increase your influence. The most economical way to fight is to use food to replenish your wellness; if -and only if- you’re using the maximum 300 and you still want to do more damage, buy only the highest Q weapons.

Over the past week,
- Q1/2 weapon prices have fallen by ~30% with higher Q weapons unchanged
- Best price for 100% influence bonus with weapons (equivalent to 1 fight with no weapon) = 0.23g – 0.25g (Global best - 0.21g)
- Comparison cost of 10 wellness with food = 0.11g – 0.12
- Weapons under Q3 have a 100% influence bonus cost of over 0.5g, which actually makes the Health Kits a cheaper alternative.

Food - Up
Prices are remaining stable in spite of falling grain prices. Wellness/gold today is still very low at 85.
Weekly average of 84 wellness/gold, down from the end of last week (8😎

Wellness/gold comparison (based on Q1 food only - API still not working)
- USA 89
- Canada 82
- Ireland 88
- Poland 84
- Serbia 79

Houses
Unchanged, they remain a cheaper alternative to food in recovering wellness above Q2.

Moving Tickets
Lots more company's offering Q1 tickets has started bringing the prices down. Q2/3 remain the same.

Conclusion
The knock on effect of falling grain prices, coupled with the 25% citizen bonus, is yet to have a significant effect on food price. Hopefully this will change over the next week. Hope you all had a good Christmas and have a fun new year!

The data used to compile this report is available here and here plus erepublik-market.

MoT

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Creating/Running a raw company 101

My places > Company > Create new



You will need 40g and be at least level 12 (20g will be placed in the company accounts for use with wages).

So you have the company, what can you do?



'Manage accounts' - how much money you have in the company, use the money market to change your gold>GBP to pay wages
'Sell your products'
'Manage' - links to the employee/job offer page


But how do I know how much to offer in wages and still make a profit?

Use this spreadsheet here to find out. The instructions are included - input the modifiers for your company type to read the maximum wage you can offer from the calculations sheet.

Try it with your citizen (if your working in a raw company), input you wellness etc and look at the maximum wage the company can offer you. The difference between what your current salary is and the max wage is the profit the company owner is making from you (unless your getting more than the max wage - in that case your costing them money).

One thing to bear in mind with raw companies is how quickly your stock will sell as you don't want to get to a point where you have lots of stock that's not selling and your forced to fire your employees. The biggest seller by far is Grain, followed by iron and oil.

Good luck

MoT