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Market Report June

sugarvalves [1963573]
Find out which events you need to prepare for, why Xanax might rise again, why people bought temporaries in a panic, and where cans are heading this summer.
FORTHCOMING EVENTS

July plays host to two event days, with World Population Day taking place from the 10th to the 12th, and World Tiger Day occurring between the 28th and 30th. The former sees players gain double the usual experience while attacking, so we could see a small rise in Xanax and medical items take place because of this event.

World Tiger Day allows players to receive five times as much hunting experience, and since this takes place in South Africa, Business Class Tickets will likely experience a price increase as we get closer to the event itself. BCTs have already risen in anticipation, with this trend starting in April. But if last year's data is anything to go by, a second increase will be short-lived, so you'll want to try and price your stock competitively unless you want to be stuck with them going into August.

And finally, while our next report should be out before Beer Day in early August, you will need to prepare for it well before then anyway. Beer prices went up to around $950 per bottle in July 2019, and this year they've already exceeded that, having risen to $1,142 a bottle at the time of writing - their value was as low as $875 back in April. Both individual bottles and Kegs of Beer will likely continue to rise over the course of July, as the Beer Day event from the 6th to the 8th renders all Beer items five times more effective than usual.


XANAX PLUMMETS

Xanax fell below $830k a pill for the first time since September 2017 this month, with the activities of the Market Recycling program blamed for this trend. Market Recycling is trading group consisting of Unique, Oran and iribuya, and they have been buying up certain items in bulk below market value for the past two and a half months. Or at least they were until the program was abruptly shut down at the beginning of June.

"The market recycle project had to be halted for now. it was too succesful and we soon found ourselves with litterally billions of value in medical supplies. There were moments we had 30k Xanax between us and causing our liquidity / cash to get too low. We will try to restart this, when we figure out how we can prevent it from getting out of hand. On that note, Xanax will still be stable between 830-840k like it has been for ages" - iribuya

The closure of Market Recycling came after Xanax fell from $835k to $833k in just two days between the 2nd and 4th of June. Xanax continued to drop to $832k one day later, with a small recovery interrupting a further decline to a three-year low of $829,293 on the 20th of June. Xanax has risen to a somewhat more sensible price of $831k at the time of writing, but it remains well below the yearly average, with prices not seen at this level since the post-Elimination lull in October 2019.

"Xanax drop wasn't really surprising but the fact that it's taking this long to go back to its normal 835k - 837k is surprising. Either traders are listing them lower or not enough is being bought, either way, I expect it to increase given that there's the exp event coming up." - ORAN


Pictured: Xanax one-year price graph.


BLOODS

The Blood Donor event took place from the 13th to the 15th of June, allowing players to fill Empty Blood Bags and endure half the usual cooldown and life penalties. Interestingly, the price of Empty Blood Bags fell massively just before the event, as it appears many traders had already raised their prices as far back as April.


Pictured: Empty Blood Bag three-month price graph.

It appears that most of those who wanted to stock up on Empty Blood Bags had already done so by the time June arrived, hence the drop in their value. But not everyone had all the supplies they needed, as is evidenced by their brief rise just prior to the event. Empties are now stable at $17,500 per bag.

As for Bloods themselves, many have predictably responded to an increase in their circulation numbers - get it? O+, the most common blood type, fell from $24k to $22.5k after roughly 80,000 bags were created - similar figures were seen in the trend for A+. However, the prices of B+, AB+, A- didn't change much outside of their existing trends, despite 10-30,000 new bags being introduced for each.


Pictured: O+ Blood Bag one-month price graph.

The trend for B- was a different story, as this blood lost nearly $3.5k per pack despite only seeing a circulation increase of 5,000 between the 12th and 15th. This could be explained by the fact that this blood is the second rarest on the market behind AB-, whose own circulation increased by just 3,000, but whose price did not fall, having already dropped significantly at the beginning of June. Stocks of the universal O- blood went up by 20,000 during donor day, and while it did lose a few grand in the days after, its price has been volatile of late and has since recovered all of these losses.

"The blood bag prices will increase slowly due to factions stocking up as well as players gambling on the elimination event. This again is a classic 'buying at the right time' scenario that took place with cans." - ORAN

The only other blood on the market is Irradiated Blood, which saw 200 new stocks enter the market to no effect on its price - mostly because nobody knows what to do with the stuff at the moment.


MEDS DROP

The price of both Small and regular First Aid Kits has continued to drop lately, with this fall part of a long-term downward trend that has been noticed over the past year. Medical supplies seem to have fallen more sharply during June, however, with FAKs and SFAKs losing $1.3k since the 1st of the month.


Pictured: First Aid Kit three-month price graph.

A similar trend has been seen with Morphine, which fell rapidly towards the end of May and has continued to drop ever since, with its current value of $35k representing a $5k fall. Both Morphine and the two medkits had been steady for some time before this recent dip, and as you might expect, such a sharp decline has also affected the price of Boxes of Medical Supplies too.

"There was a price-war between a couple of traders and that meant they were dropping prices resulting in a loss in overall value. I expect we'll see a slow rise during the summer in anticipation of Elimination." - iribuya


TEMPORARIES

The price of many temporary items rocketed in late June after Patch List #147 announced that damaging temporary weapons would now allow you to gain weapon XP. Nail Bombs saw the biggest rise, going from $2.1m to $5.5m in a matter of days, before falling back to $4.8m as of the 2nd of July.


Pictured: Nail Bomb one-month price graph.

Smokes also added $10k to their value, and gains were also seen by Snowballs, Trout, HEG, Claymores and Molotovs. With regards to the latter, we could see a drop in Molotov prices depending on how many people are tempted by the new Gas Station specials. Employees at this company can now acquire Molotovs for just three job points, so this could drop their price significantly if more players choose to work there.

"...there was a certain amount of panic buying involved, basically people thought temp prices would go up and kept buying either for end-use or resale but thankfully market wasn't really affected much even after over 100k temps were bought off my bazaar. Buffing the damage-dealing temps and adding experience for them was a good move, it encourages people to use the damage temps more and also perhaps strategically rather than just throwing flash/smokes." - ORAN

Most of the other temporary weapons didn't seem to be affected by the weapon XP boost, including the most expensive item in this category, the Concussion Grenade. It's been a month and a half since the new NPC Jimmy Two-Shins was made available for looting, and there are now nearly 400 of his unique Concussion Grenades in circulation.


Pictured: Concussion Grenade one-month circulation graph.

The initial price for this temporary item was a staggering $30 million - a hefty fee to knock someone out - but throughout June this has levelled off to about $6 million. This value hasn't changed a great deal despite circulation increasing consistently over the past month, with 216 added to the market total. However, this may change as we start to creep towards the 1,000 mark later in the summer.

"There are some prominent players trying to max the nail-bomb experience and offering great prices for them. If they keep up their quest the nail-bomb won't drop below $3m for a long time. The new concussion grenade is still inflated and not worth buying until there are sufficient amounts on the market." - iribuya


CANS

The top-tier cans added $110k to their value in June, despite a blip on the 19th which seemed to indicate an end to their consistent rise over the past few months. As a result, Taurine and X-MASS are now at their highest valuation since November 2019.

"Almost all of my cans/fhcs sales were to end users and there was rarely anyone trying to manipulate their prices. i expect cans and FHC prices to keep trending upwards till elimination is done or IF can tasting event is released." - ORAN


Pictured: Taurine Elite one-year price graph.

This steady rise is in stark contrast to the 25 energy cans, who both endured a lifeless month before dipping at the same point as the 30 energy cans on June 19th. One week later, Rockstar and Red Cow made huge sudden gains, leaping from $2.2m to $2.4m in just two days. They've since lost $50k of this, and are presently on a short downwards trend.

Santa Shooters and Munster also dipped during the final third of the month, but these two haven't recovered their value; having begun June on $1.76m a can, both are now priced at $1.71m and are struggling to return to their pre-Christmas price.


Pictured: Munster three-month price graph.

As for the three new cans, all of them have either sunk or flatlined during the month of June. Crocozade gained and lost $50k in value twice over, and now sits just $9k higher than it did at the start of June, having gained over $300k over the previous two months. Damp Valley is also on a worrying slide and has actually lost $75k of value since June 1st. Goose Juice is on a downwards trend too, with $10k shaved off its price after enjoying a $100k leap at the beginning of May.

"Can price and Feathery Hotel Coupon prices are often in balance. FHG bb has been to a record high of this year. Many people have listed their Benefit Block for sale and this results in fewer FHCs entering the game. Demand stays the same, so the price goes up together with the high-value cans. I'm fairly certain all other cans will see this increase too." - iribuya


BOOSTERS

Education is clearly the priority for many of Torn's new citizens, as the Book of Carols booster has continued its impressive growth by adding nearly $4 million to its value over June. Back in April, these books were worth just $11.8 million, but it appears their value is rising as more and more drop out of circulation, with the last major influx coming over Christmas when their value fell dramatically by $14 million. Interestingly, these items are worth roughly the same as what they were priced at this time last year, despite there being over 2,000 more in circulation.

"In my opinion Book of Carols get massively undervalued every year after christmas town this is mostly because too many enter circulation even with people holding them to resell later next year. cheaper Carol books are not a bad thing but I strongly think they must be brought into circulation throughout the year so they remain stable in prices." - ORAN

FHCs have also risen in price, and that is despite nearly 500 being given away during the recent Lucky Dip competition. FHCs have risen consistently overall since mid-May, and while a small plateau was seen in the latter part of June, they still managed to add nearly $800k during the month. We expect either growth or stagnation between now and September, at which point their prices will plummet as usual.


Pictured: FHC one-month price graph.

The growth of EDVDs has slowed somewhat during the latter part of June, having previously gained $350k during May. Their price has still risen by $300k, but most of this occurred during the first half of the month. Historically the EDVD market either goes one way or the other over the summer. From this point onwards, prices rose in 2012, 2013, 2017 and grew massively in 2018, but fell in 2014, 2015, and 2016. Last year they fell away too, beginning with a gradual lull that turned into a full-on slump in September.


Pictured: EDVD one-year price graph.


DONATOR PACKS

There has still been no change in the price of Donator Packs at the pawnshop, with this value having remained at $23.9 million since March. There was a short, sharp price rise on the market in mid-June when $400k was added within four days, but this didn't stick, as DPs have grown by just $200k this month. Bizarrely, this rise coincided with an extra 2,000 DPs entering circulation, an event which we believe was linked to the increased number of subscribers who signed up when the draw rewards were boosted.

"The donator pack prices have been very stable for a while now, this is all thanks to the Pawn price not changing. It's been a very welcome gift for the traders and I hope we don't see more changes from pawn for a while." - iribuya


POINTS

The aforementioned increase in subscriber bonuses meant that the number of points given out every day increased from 1,050 to 19,500. Point prices didn't seem to be affected by this relatively small increase, however, as their value was already dropping well before the announcement - and they have been since mid-May.


Pictured: Points three-month price graph.

The increase in subscriber points won't have helped matters, of course, but we think the downturn in price is at least partly explained by the number of players selling points after Museum Day. Most people held off from selling their inflated hauls in the hope of seeing a price rise once everyone else had shifted their stocks, but that predicted rise doesn't seem to have happened yet. Hopes were raised of a recovery in late-April when point prices rose for the first time since September, but with $4k per point having been stripped from their value in the past two months, any further recovery seems unlikely at the moment.

"Point prices are dropping fast, but I don't think this has to do with the increased giveaway in points from subscriber or museum day. It's probably due to a large influx of new players over the last months that have started to find their rhythm to fly more efficiently. These new players are building up their networth and will hopefully soon use daily refills to counter-balance the loss in point value. Let's hope the pawnshop doesn't drop it further like it's doing now. Last year we also saw a big decline followed by values shooting above $50k again." - iribuya


CANDY

Diabetes Day may not arrive until November, but some players are already preparing for this candy-buffing event, it seems, with an increase in candy purchases causing a gradual rise in their prices over the past few months.

"The 150 Happy Candies (Jawbreaker, Pixie Sticks and Bags of Sherbet) are continuing upward from their year-long low back in Feb when they were selling for 239k. Have been selling lately between 360 and 380k, working their way up to their annual high for Diabetes Day. They capped out at around 1.5m last year. Don't know if they will reach that high again this year due to the likelihood of increased Halloween supply with more people playing.... but still should reach profitable heights for anyone that can hold onto a supply until then." - SinCitySinner

150 Happy Candies look like a sound investment if you can flip them before the summer ends, as you may have trouble trying to flog them in the run-up to Elimination, with many players focusing on the purchase of battle-related items instead. 100 Happy Candies look like less profitable, though, as Reindeer Droppings and Bags of Chocolate Truffles are close to earning back the value they lost over Christmas.


Pictured: Reindeer Droppings one-year price graph.

Some of the lower happy candies might be a better prospect if you can buy them in bulk. Tootsie Rolls are rising at the moment, and are priced nearly $1,000 below their 75 Happy equivalent Bloody Eyeballs. BEs are themselves experiencing a downwards curve, and we predict they might meet in the middle over the next few months at a value of around $85k each.

The 50 Happy Bags of Candy Kisses stabilised over the course of June, having leapt up from $28k in March to $44k in early May. We don't expect these to rise much further, as is the case with Big Boxes of Chocolate Bars, who also grew from $3k a box in March to $5.5k in early June. The 25 Happy Candies are the only items which seem to have been overlooked. These haven't enjoyed any kind of major rise lately, as it would take one or more determined traders a long time to take control of these high volume, low margin markets.


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