made an apologetic gesture, Chen Shuming answered the phone and communicated with his subordinates in Yanjing, but judging from his blushing face and thick neck, Lei Hao knew that things were really not going well. "10,000 yuan, if you tell him to die, my cost is more than this price."
"You don't have to worry about it for now, I don't believe it, the price of reserve cotton will be so low this time" "The level 1 is not sold, the original price is low enough, and if it goes down, what will I pay you a salary?"
Chen Shuming is indeed very angry, the price of cotton looks good during this time, but when the storage time comes, those cotton-using enterprises are dragged up again, the market price is 10,600 a ton, and the buyer is only willing to pay 10,000.
What is the concept of this number, it means that cotton farmers will lose money and traders will have no money to make, and it is strange that Chen Shuming can agree.
But the market is like this, when the supply exceeds the demand, the buyer can reduce the price indefinitely, and if you don't sell, others may sell.
"Let Mr.
Lei laugh."
Hung up the phone, Chen Shuming smiled bitterly: "It's difficult to do business now, obviously the demand has increased slightly, but there is a storage, those things that eat people and don't spit out bones" "Prices are always fluctuating."
Lei Hao rushed to the tea, his heart did not fluctuate much, and said: "The price falls, it is unprofitable, and the output decreases, and the price rises, it is profitable, and the output increases is a normal cycle." ” "Haha, what Mr.
Lei said is transparent."
Chen Shuming praised it, and said with a smile: "I have stocked up some goods, and I also think that this price has reached the end, and it is impossible for the country to let cotton farmers lose money, so the cotton planting area must still be guaranteed." ” "A smart choice."
Lei Hao blinked, "I wish the price of cotton to rise." ” The price of cotton is related to people's livelihood, and most people feel that it is still the bottom, but human nature is like this, the higher the low, the lower the price, the more panic, and the oversupply has not been reversed.
Lei Hao was very calm, because he saw the reserve price of cotton, and the country seemed to be dissatisfied with the current cotton price.
"First cut the import quota, and then the strong pricing, the cotton storage played a cotton enterprise."
Thinking of the future information about the storage price, Lei Hao knew in his heart, "The industry that is related to 200 million people really needs to be cared for a little more." ” "Mr.
Lei, do you think the price will rise" When the matter came to an end, Chen Shuming was worried, looking at the time of releasing the storage closer and closer, and the tension on his face was also obvious.
If it weren't for Lei Hao's identity, Chen Shuming would have been in Yanjing at this point in time.
"Yes."
Lei Hao gave an affirmative answer.
In Yanjing, the national cotton trading center, a handful of people gathered, including buyers, sellers and intermediate traders, all waiting for the start of storage.
"Fall below 10,000, fall below 10,000."
"When the price is high, we just don't buy it, and even if we buy it, we have to sell it in the futures market to hedge."
"The world is difficult now, as long as it is not higher than the market price, the current price can be maintained."
The purchasing staff of cotton-using enterprises are staring at the market, and some of them feel that the current price is low, but they are quickly washed away by profits.
Anyway, no matter how low it is, there are people who sell it, so let it be lower.
Shanghai Market, Xinfeng Futures, Shan Zhenjiang and a group of people are staring at the futures market and the spot market that is about to be released.
Qingyu Investment, Qin Yu also came to the office where Xiao Peijie's project team was located, silently waiting for the time to start.
Jiangsu and Zhejiang Province, Zhechang Futures, Wu Changfei and others are also waiting for the opening of the market, following the last loss, they hold spot cotton and futures sell orders in their hands, it can be said that they have closed their positions, but now they have not thought about whether to be long or short.
In Yangcheng, in Thunder Investment, Lei Hao agreed to Chen Shuming's request to "get aware", and took the other party to the conference room where Leo and the others were.
If there is no accident today, there is no need to operate the futures market, and Lei Hao also believes that his subordinates will have a tacit understanding to keep it confidential and not disclose any information to Chen Shuming.
At 9 o'clock, the storage and futures markets opened at the same time.
"Buy" Lei Hao simply gestured to Leo with his eyes.
Many people in Shanghai, Jiangsu, Zhejiang and Jiangsu provinces have tacitly made this decision, and people in the financial circle are like monsters, opening their bloody mouths, and the price of cotton futures contracts is the first to be affected.
One by one, buying orders smashed into the futures market, and the price of cotton futures contracts continued to rise.
Before anyone else could react, the spot market was also in turmoil. “10800” "Zhongchu cotton is crazy" "This is already the price of the futures contract" "No, no, the latest news, the futures market is crazy, damn it, they're crazy" "Look at the auction price of the reserve cotton" 10800、10900、11000 People who don't need cotton are raising the price of cotton, and the starting price of 10,800 is regarded as a joke by capital, and within a minute, people in the financial circle begin to teach cotton companies to be people.
Under the common tacit understanding, after discovering that the number of participants exceeded expectations, the bulls took action one after another, directly raising the auction price to 11,200, even if this price is put in the futures market, it is almost equivalent to the price limit.
However, 11200 is the spot price, and according to common sense, it is necessary to add a part of the price to equal the futures price, that is Looking back, the price of cotton futures has risen to the limit, and the huge number of buying orders has blocked the price of 110, which is daunting.
"This" Chen Shuming was simply dumbfounded, he knew that this group of people in the financial circle belonged to the monster level, but when the feast of capital was unveiled in front of him, he was completely stunned.
"Buy again" Lei Hao suppressed the excitement in his heart, he had already seen it a few days ago.
If it weren't for the fact that there wasn't enough selling in the futures market, and if it weren't for the fear of affecting the general trend, Lei Hao wouldn't have only added 10,000 hands to his position, he would have added 100,000 hands and 200,000 hands It's a pity that as a member of the main force in the market, Lei Hao has too many things to consider.
The spot market is not to worry, tomorrow the futures market will be the limit, these rises can not satisfy the appetite of the capital predators, such an increase has scared any funds that dare to enter the market to short, the market has entered the track of losing reason.
When 11200, 11300, 11400 reached 11500, it was obvious that the bulls began to catch their breath, but this price frightened a group of people who participated in the auction.
The number of daily storage will be 30,000 tons, 11,500 yuan per ton, which is actually 345 million yuan Lei Hao himself used less than 40 million, and the rest were either picked up by other bulls, or bought by traders who gambled on the next game, and even Chen Shuming, after asking Lei Hao, began to invest money in the auction.
At this moment, many funds on and off the market are also ready to move: