trade nodes and prices of resources

[tarer97]

so am i misstaken or if you, lets say, have all the ivory from nodes except a couple, and you basically have a monnopoly on ivory, does ivory's worth go up?

and if it does, should one's stragity be just to go after one resource from nodes?

[SMIDSY]

I doubt it. Products are only worth as much as people will pay for them. Nobody is going to die if they don't get their daily helping of ivory.

[NJGOAT]

The value of the goods is based on supply vs. demand. Unfortunately there is no mechanic for price fixing through a monopoly. If you control all ivory nodes, only you will have ivory to trade, but you will also have an adequate supply to meet demand, so the value of the commodity drops. Generally it is best to get as much of the resources as you can. Overall it is really just an exercise in balancing the number of trade ships at your nodes to maximize profit while minimizing upkeep. The more nodes you have, the better, but there is no other advantage to controlling all of one resource. I personally prefer diversification versus monopolization.

[Foxdragoon]

I am not sure but I thought it was based on supply and demand, so if, for example, there are not many ships on the ivory trading centers then the price of ivory should go up. If you have a monopoly of the ivory but only pace a few trade ships on them then that *might* cause the price to go up but you would probably be best off just balancing a large number of trade ships on them like NJGOAT suggested.

[numnutz6383]

From DarkSideHome's economic strategy guide the best way to ensure high prices of your monopolized good (in this case ivory) is to place only one per node in the Straight of Madagascar and the Ivory Coast (to ensure low supply, driving up the price), which are the only two areas producing ivory. He had a screenshot of his Trade Summary screen where his monopoly on spice drove up the price to 67.