Post 3.2 Market Trends

I raked in around 10k on patch day. Most of it was from the 20 stacks of Titanium Ore that I started stockpiling a month ago... I ended up selling around 5 stacks for 100% markup, and prospecting the rest and selling the gems/powder.

This was the first patch day that I have been aggressively playing the AH, and my general observation was that the prices on everything skyrocket for the first 12-18 hours. I assume this is because everyone wants to enchant and socket their new gear, and because more people are online than usual. I sold some mats I had stockpiled for around a 30% markup, which is much higher than my usual average.

Here's some specific 3.2 observations about market shifts that seem to be sticking for longer than 24 hours:

1. Abyss Crystals (which pre-3.2 ran for 90-100g, have fallen to around 70-80g. This could either be due to a market influx of Abyss Crystals from people buying new gear with Champion's Seals or Emblems of Conquest and DEing their old gear, or possibly from a dramatic increase in people running heroics and DEing the gear they find there. If the latter is true, it should also affect the price of Dream Shards, but so far the Dream Shard price has held steady at 15-17g. So, I believe that the drop in Abyss Crystal prices is a small adjustment caused by an increase in DE's at the beginning of the patch, and I expect them to return to their normal prices by early next week.

2. Titanium Ore has doubled in price from 10g to 20g each. This is obviously due to the new Prospecting materials (Epic Gems and Titanium Ore) that were introduced with the patch, and is how I made most of my gold over the past day. I expect this price increase to maybe adjust slightly lower than it is now (to possibly 17-18g) in about a week, but overall, I don't think this is a temporary market adjustment. Another effect of the increase in Titanium Ore prices is that Titansteel Bar prices have shot up from 100g to 130g.