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The prices for some items have dropped, in a recent update (9 or 10?). I posted the changes in the “change log” thread.
It’s still cheaper to buy potions instead of the ingredients. The cost to cook a potion is down to about 90 each (depends on your cauldron being steel, gold or diamond). Buying them costs 60 each.
Naturally, getting ingredients for free via loot, and then cooking the potions, is obviously the lowest cost way to go.
Another route: play the dungeons each day, with plenty of friendship essence if possible. You can get 300 to 325 snoutlings per play IF you get the 200 (you could re-roll until you do). That’s enough for 5 potions per play.