Material Empire

Chapter 508 Strengthen Your Confidence

Because of the promise he made to Sun Zhenjiang, Ling Yiping didn't intend to transfer the steel in his hand for a while, even if he knew that he could make tens of millions of profits if he changed hands, he didn't dare to act rashly. What's more, according to Sun Zhenjiang, the current steel price has not yet reached its peak, and there will be greater profit margins in the future. Ling Yiping also hopes to stock up for a while to earn more price difference.

Although he has made up his mind to continue hoarding goods, Ling Yiping is still willing to listen to Xin Jinlong's bid. He needs to use this information to judge the market situation and determine the best time to ship.

With this in mind, Ling Yiping suppressed his disgust towards Xin Jinlong and asked, "What price are you going to pay for the goods in my hand?"

"Three thousand...three thousand eight, what does Boss Ling think?" Xin Jinlong gritted his teeth and said.

3800! Ling Yiping was excited for a while. What he learned was that the current steel market price has risen to around 3600, but this price is also priceless, and it is impossible to purchase in large quantities. Xin Jinlong claimed that he was willing to pay 3,800 yuan to get the goods from him, which means that Xin Jinlong's next family is willing to pay even higher prices. This does not just confirm Sun Zhenjiang's prediction, showing that there is still more room for price increases for steel products. ?

Xin Jinlong said that the construction companies in the provinces below are seriously short of steel, and even if they have money, they cannot buy materials. This kind of demand is rigid and will not disappear because of the rise in steel prices. So what Ling Yiping needs to do is to continue to sell goods and wait for the price to continue to soar.

"Boss Xin, don't be ridiculous. Get the goods at 3800. After you go back and change hands, at least you can earn another three or four hundred per ton?" Ling Yiping said in a mocking tone, pretending to be in control of everything.

"How do you know?" Xin Jinlong said in amazement. After speaking, he seemed to feel that he had slipped his tongue, and quickly changed his words: "How can there be such a high profit, such expensive steel, who can afford it? I am just helping a friend Get some goods, at the price of 3800, I might have to lose money."

"If that's the case, then there's no need." Ling Yiping got the information he wanted, and immediately pushed people out: "Boss Xin, since you can't make any money, there's no need for us to talk any further." I still have something to do, you two please go ahead."

"Come on, Boss Ling, what price do you think is suitable, we can still talk about it." Xin Jinlong stood up and made the last effort.

"We have nothing to talk about, let alone 3800, even 4000, I won't make a move." Ling Yiping declared without any explanation.

Watching Xin Jinlong and Li Chuanping walk out of his office in despair, Ling Yiping rubbed his hands, then dialed a number, and told the person on the other end of the phone: "Second brother, the day before yesterday you said that Hongyuan No. There is a batch of round steel in the factory, the asking price is 3800, you can find a way to eat it... What, will it be too expensive? It’s okay, let me tell you, the price of steel has to go up, if it doesn’t rise to 4500, it will definitely not stop... "

Like Ling Yiping, many speculators who are speculating on steel have received similar information in various ways, implying that there is a large amount of potential demand in the steel market and prices will continue to rise. This information is exchanged among speculators, which strengthens their confidence in future prices, thus enticing them to continue to advance towards this big pit.

"Boss Qin, I have done what you told me. Chuanping can testify to me." In Qin Hai's office, Xin Jinlong swept away his nouveau riche face before, and humbly reported to Qin Hai that he was going to The history of Lingfeng Company. The words he said to Ling Yiping all came from Qin Hai's instructions. Although he didn't quite understand what Qin Hai asked him to say, he at least knew one thing, that is, the arrogant "Boss Ling" must be Bad luck.

Anyone who opposes Mr. Qin will not end well. This is the painful lesson Xin Jinlong learned after trying his own methods. He feels fortunate now that he is finally no longer on the opposite side to Qin Hai.

"Old Xin, thank you for your hard work." Qin Hai said with a gentle smile, "It's because I don't have any suitable people on hand to act in this play, so I invited you all over the world. This matter, God knows Yes, you know and I know, you can’t let other people know, do you understand?”

"I understand, I understand, Boss Qin, don't worry, if my old Xin tells the story, I will..." Xin Jinlong anxiously pointed to the sky with a pale face, intending to swear a poisonous oath to show his heart.

"I swear I don't need it." Qin Hai hurriedly stopped him and said, "I knew a long time ago that you, Lao Xin, are a man and can be trusted. Otherwise, I wouldn't have asked you to do this matter."

"Thank you President Qin for your trust!" Xin Jinlong felt that the pores all over his body were stretched, which was a kind of happy feeling.

In the impression of Sun Zhenjiang, Pittston and others, Chinese officials have always been passive in their response to the market. They will only try to remedy the market when there is a problem. It's hard to have a holistic view. What they never expected was that the situation was completely different this time. The authorities had set up a trap from the very beginning. Just when Sun Zhenjiang and the others thought they had their way, a hidden rope had quietly slipped into their hands. neck.

The tense situation of supply and demand in the steel market is still continuing and showing a deteriorating trend. Inside the Planning Commission, whether it is a truly dedicated official or an insider cooperating with speculators, the information they get is that the Planning Commission has found it difficult to control the situation, and there is a risk of further skyrocketing prices. Many real and fake buyers are wandering in the market, spreading their willingness to obtain steel products at high prices, which makes people feel that the rain is about to come.

While creating an atmosphere of insufficient steel supply in the market, a team personally commanded by Wang Hongsheng was secretly contacting the material departments of various provinces and cities, and provided them with a batch of steel at internal prices in the name of "special care" to ensure that The key projects will not be affected by rising steel prices and tight supply. All institutions that have acquired cheap steel are under strict gag orders not to disclose the matter.

Of course, the effect of this kind of gag order is also limited. Sun Zhenjiang and others have heard some related news, but these news did not arouse their vigilance, because the planning committee "opened the door" for certain departments. It has never been a secret, and they regard this matter as an expedient measure by the planning committee in desperation.

The price of steel is still rising step by step, and the planning committee will throw out a batch of steel every few days, which is called "stable price". According to information from the Planning Commission, these are the last reserves the Planning Commission has. Once the reserves are used up, the Planning Commission will no longer have the means to intervene in the market.

"Old man Wang is about to go blind now. It is said that the batch of steel that was thrown out just now was transferred from the strategic reserve. This means that he does not plan to live." Sun Zhenjiang happily shared the information he got with Pittston , There is quite a bit of gloating in the tone.

"Sun, I've heard you say the same thing 20 times." Pittston choked out angrily, "The funds we have transferred to China from various channels have exceeded 10 billion US dollars, but until now the country Don’t you think it’s a little strange that the Planning Commission still has the ability to continue throwing steel?”

"10 billion U.S. dollars? Is there so much?" Sun Zhenjiang said in surprise, "If there are really 10 billion U.S. dollars, your meson fund alone can eat 10 million tons of steel, and that's not counting the steel in our hands. You can't make a mistake, can you?"

"How could I be wrong!" Pittston said, "Come over and look at my statistical table to see which item is wrong."

Sun Zhenjiang leaned forward and checked the data sheet on the computer. He had some knowledge of English and could understand the notes written by Pittston on the remarks column of the form. Each piece of steel has specific information such as transaction process, transaction quantity, price, storage location, etc., and not only includes transactions conducted by Jiezi Fund, but also transactions conducted by all speculators connected with Sun Zhenjiang. Sun Zhenjiang looked down from the top, and finally saw the total number, which was as much as 20 million tons.

"No, I asked clearly. The reserves in the planning committee's hands, plus the extra production that ordered the steel mills to work overtime during this period, totaled 12 million tons. Even if there are still some that we don't The internal materials in hand are at most 15 million tons, how could 20 million tons come out?" Sun Zhenjiang questioned.

Pittston said with a dark face: "The statistics here are only the data we have. Didn't you say that some other trading companies also stockpiled a batch of steel products? If these steel products are included, the total may be 25 million tons. In other words, the information you received earlier was far underestimated."

"It's impossible!" Sun Zhenjiang flatly denied, "I heard it from someone inside the Planning Commission, and more than one person said so. Also, I have asked people to verify the situation at several large steel factories. The reserve data they mentioned is not much different from what I found out. The old man Wang Hongsheng has done a lot of industries, and he has some knowledge, but even if he has the knowledge, he can't change 10 million tons of steel, and there must be some secrets in it."

"Could it be that Liang and Ling secretly sold the steel they hoarded, and what we bought was actually what they sold." Pittston speculated.

Sun Zhenjiang said: "No, they have the heart, but they don't have the guts. Besides, I had someone check it a few days ago, and their steel products are still lying in the warehouse. I complained, saying that the rent of the warehouse alone costs several thousand a day, and now he can’t even afford pickled vegetables and gruel.”

"That is to say, we misjudged the situation. In fact, the Chinese officials have already noticed what we mean. They made a trick to let us get in?" Pittston suddenly thought of a terrible possibility. Sensitivity peculiar to an international speculator.

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