Future chat group

Making 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? You told him to die! My cost is more than this."

"Don't worry about it yet, I don't believe that the price of cotton reserves will be so low this time!"

"We won't sell those at Level 1. The original price is low enough. If it drops further, how will I pay you wages?"

Chen Shuming was indeed very angry. During this period, the price of cotton seemed good, but when the storage time came, those cotton companies started to drag it out again. The market price was 10,600 per ton, and the buyer was 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. It is strange that Chen Shuming can agree.

But the market is like this. When supply exceeds demand, buyers can lower the price indefinitely. Why don’t you sell? Others may sell it.

"It made Mr. Lei laugh." After hanging up the phone, Chen Shuming said with a wry smile: "It's hard to do business now. The demand has obviously increased slightly, but there are those things that can eat people without spitting out their bones!"

"Price always fluctuates." Lei Hao drank the tea without much ups and downs in his heart and said: "When the price falls, it is unprofitable, and the output decreases, when the price rises, it is profitable, and the output increases... it is a normal situation. cycle."

"Haha, what Mr. Lei said is clear." Chen Shuming complimented and said with a smile: "I have stocked up some goods, and I also feel that the price has reached the bottom. The country cannot let cotton farmers lose money, right? Cotton planting area You still have to guarantee it.”

"A wise choice." Lei Hao blinked, "I wish the price of cotton will rise."

Cotton prices are related to people's livelihood. Most people think this is still the bottom, but human nature is like this. We praise the high and suppress the low. The lower the price, the more panic. The supply exceeds the demand and has not yet been reversed.

Lei Hao was calm because he saw the bottom price of cotton for storage. The country seemed... dissatisfied with the current cotton price.

“First by cutting import quotas, and then by imposing strong pricing, China Cotton Reserve has tricked cotton-consuming companies.” Thinking of the future information about storage prices, Lei Hao understood in his heart, “This industry concerns 200 million people, and it really needs more care. a little."

"Mr. Lei, do you think the price...will rise?" When things came to a close, Chen Shuming felt anxious. Seeing that the time to release the reserves was getting closer, the nervousness on his face was obvious.

If it weren't for Lei Hao's identity, Chen Shuming would have been in Yanjing at this time.

"Yes." Lei Hao gave an affirmative answer.

In Yanjing, the national cotton trading center, a group of people gathered together. They were buyers, sellers and intermediary traders, all waiting for the start of storage.

"If it falls below 10,000, let's fall below 10,000."

"When the price is high, we just don't buy it. Even if we buy it, we have to go to the futures market to sell it as a hedge."

"The world is tough now. As long as it is not higher than the market price, the current price can be maintained."

The purchasing personnel of cotton-using enterprises are all watching the market. Some of them feel that the current price is low, but their worries are quickly washed away by profits.

Anyway, no matter how low it is, there will be people selling it, so let’s make it even lower.

Shanghai Stock Exchange, Xinfeng Futures, Shan Zhenjiang and a group of people are staring at the futures market and the spot market where reserves will be released.

Qingyu Investment and Qin Yu also came to the office where Xiao Peijie’s project team was located, silently waiting for the time to start.

Jiangzhe Province, Zhechang Futures, Wu Changfei and others are also waiting for the market to open. After the last loss, they hold spot cotton and futures sales orders in their hands. It can be said that they have closed their positions, but now they have not decided whether to go long or not. Go short.

In Yangcheng, Lei Hao agreed to Chen Shuming's request to "experience it" and took him to the conference room where Leo and others were.

If nothing unexpected happens today, there is no need to operate the futures market. Lei Hao also believes that his subordinates will keep it secret and not disclose any information to Chen Shuming.

At 9 o'clock, the reserve and futures markets opened at the same time.

"Buy!" Lei Hao simply signaled Leo to operate with his eyes.

Many people in the Shanghai Stock Exchange, Jiangsu, Zhejiang and Jiangsu provinces made this decision tacitly. People in the financial circle opened their mouths like monsters, and the cotton futures contract price was the first to be affected.

Buying orders poured into the futures market one after another, and the price of cotton futures contracts continued to rise.

Before others could react, the spot market was also in turmoil.

"10800?"

“Zhongchu Mian is crazy!”

"This is already the futures contract price!"

"No, no, the latest news, the futures market is crazy! Damn, they are crazy!"

"Look at the auction price of reserve cotton..."

10800, 10900, 11000…

People who don’t need cotton are raising the price of cotton. The starting price of 10,800 is treated as a joke by capital. Within a minute, people in the financial circle begin to teach cotton companies how to behave.

Under the joint tacit understanding, after discovering that the number of participants exceeded expectations, the bulls took action one after another and directly raised the auction price to 11,200. Even if this price was placed in the futures market, it was almost equivalent to the daily limit.

However, 11,200 is the spot price. According to common sense, it needs to add a part of the price to equal the futures price, that is to say...

Looking back, the price of cotton futures reached the daily limit, and the huge amount of buying sealed the price of 11230, which was daunting.

"This..." Chen Shuming was simply dumbfounded. He knew that these people in the financial circle were monsters, but when the feast of capital was unveiled in front of him, he was completely confused.

"Buy again!" Lei Hao suppressed the excitement in his heart. He had already seen the price limit a few days ago.

If it weren't for the fact that there weren't enough selling orders in the futures market, and if it wasn't for the worry of affecting the general trend, Lei Hao wouldn't just add 10,000 lots of positions, he would add 100,000 lots! 200,000 lots!

Unfortunately, as a major player in the market, Lei Hao has too many things to consider.

But there is no need to worry about the spot market. The futures market will continue to rise at the daily limit tomorrow. These increases cannot satisfy the appetite of the capital giants, but such increases scare any funds that dare to enter the market for short selling. The market has already entered the track of losing its mind. .

11200, 11300, 11400... When it reached 11500, it was obvious that the bulls began to take a breather, but this price scared a group of people participating in the auction.

The amount of storage per day will be 30,000 tons, at 11,500 yuan per ton, which is actually 345 million yuan. How much can be divided among several bulls?

Lei Hao himself spent less than 40 million. The remaining ones were either taken over by other bulls or bought by traders who took a gamble. Even Chen Shuming started to invest money after asking Lei Hao. Go in for auction.

At this moment, many funds inside and outside the market are also ready to move...