Orrian truffle price plummet

Orrian truffle price plummet

in Black Lion Trading Co

Posted by: Direwulff.2396

Direwulff.2396

So I figured I would ask all you market experts here. Last week I sold some orrian truffles for a bit over 3.5s a piece. Last night I went to sell a few more and they are under 1s. That was a HUGE drop…. what did I miss?

Orrian truffle price plummet

in Black Lion Trading Co

Posted by: Blueshield.6291

Blueshield.6291

This is purely speculation, but it’s possible that the revamped Orr (which includes reduced enemy density and CC) has drawn more people into the zones where truffles are obtained, and therefore supply has increased.

This seems to jive with gw2spidy, which indicates that supply (sell order volume) has approximately tripled since 28 Jan.

Orrian truffle price plummet

in Black Lion Trading Co

Posted by: Direwulff.2396

Direwulff.2396

Thank you. That would probably explain it. Glad I sold the ones I did before it happened

Orrian truffle price plummet

in Black Lion Trading Co

Posted by: Syeria.4812

Syeria.4812

Actually it’s not really a result of the return to Orr. If you bring out the month chart from Spidy, the price prior to January 26 had been a fairly stable (although rising) 0.8s to 1.2s for a long long time. It spiked all the way up to about 3s for a few hours between 1/26 and 1/28 and has come back down to a reasonable price since.