Reborn? The Kind You Can Choose!

Dalian Commodity Exchange, futures yellow soybean No. 2, 10,000 lots, price: 4,300 yuan/ton, futures contract period: one month!

Dalian Commodity Exchange, futures yellow soybean No. 2, 20,000 lots, price: 4301 yuan/ton, futures contract period: three months!

Dalian Commodity Exchange, futures yellow soybean No. 2, 50,000 lots, price: 4302 yuan/ton, futures contract period: two months!

A piece of Yuan Zhou's transaction data popped up in the background, shocking Liao Jie who was watching the transaction.

The purchasing speed and quantity are really scary.

The number was growing rapidly at almost 30 items per minute. When a group of futures customers at the Dalian Commodity Exchange saw someone frantically signing the Soybean No. 2 futures contract, they started placing orders one after another without any nonsense.

From 4301 yuan/ton, it quickly rose to 4320 yuan/ton, but Yuan Zhou was still buying like crazy.

"Damn it, is this guy... crazy?"

"You don't have to spend it like this if you have money, right?!"

"Buy Yellow Soybean No. 2?"

In Liao Jie's opinion, Yuan Zhou is simply looking for death!

The price of yellow soybean No. 2 has now set a new price record for yellow soybeans in futures history.

4,300 yuan/ton, which is almost 4 yuan and 3 cents per kilogram, which is 2 yuan and 15 cents per kilogram!

2.15 yuan 753/jin!

You must know that this was 2004, and the price was absolutely terrifying. Because of this, many people were actually placing orders [for fear that they would not be able to sell at this price.

In the eyes of many people, this price is actually ridiculously high.

In fact, this is indeed the case.

Many people in the industry actually can't understand the recent increase in Soybean No. 2.

Although many people know that it is because of the United States.

In August last year, less than a month before soybeans were on the market, the U.S. Department of Agriculture issued a news report saying that the weather was bad and lowered soybean stocks to the lowest level in more than 20 years.

As soon as this news came out, countless soybean-dependent companies around the world began to panic.

Inventory levels are down, what does this mean?

This means that the production of soybeans in the United States will be reduced. You must know that the export volume of soybeans in the United States has always been the first in the world.

Soybean prices around the world began to soar instantly.

International financial speculators on Wall Street began to build large positions.

The price of soybeans on the Chicago Mercantile Exchange CBOT rose from a low of 540 cents in August 2003 to 1,060 cents in April 2004, setting a new high in the past 30 years. This is equivalent to the domestic price in China rising from 2,300 yuan/ Ton rose to 4,300 yuan/ton.

Such an increase is extremely terrifying.

At present, Yellow Soybean No. 2 is American soybean, and the futures price in China is about 4,300 yuan/ton!

You must know that the price of No. 2 soybeans at the same time last year was less than 2,000, only 1,900 yuan/ton!

It can be seen from this that the growth rate of Soybean No. 2 this year is huge.

It is a star product in the entire futures market. Countless people have made a fortune relying on it. Now, they are just waiting to get rid of it.

At this moment, the appearance of Yuan Zhou brought a timely rain to everyone!

If someone takes it, how long will it take if you don’t take action?!

Suddenly, countless people began to sell their futures contracts.

"If you accept the offer at this price, I can only call you a hero!"

Liao Jie sneered there.

And he could see that Yuan Zhou not only wanted to speculate in futures, he also wanted to be the banker and eat the entire Soybean No. 2, otherwise it would not keep buying goods.

Looking at the shocking transactions in the background, Liao Jie felt a little cold in his hands and feet.

horrible!

It's really terrible.

Even though the price of Soybean No. 2 continues to soar there, Yuan Zhou's acquisition speed has not slowed down.

Whenever there was an order for Soybean No. 2 on the market, he would take it without fail. As a result, the price of Soybean No. 2 soared by 1% in just 5 minutes, from 4,300 yuan to 4,350 yuan. !

Such an increase is, to be honest, rare in the futures market.

With 0.1% on futures, it is very possible to earn millions. After all, there is leverage. If you have 100 times leverage and a principal of 10 million, you can earn 1 million!

And 1% is 10 million!

"crazy!"

"It's really crazy!"

"I ate them all...(cefc)...oh my god!"

Liao Jie's quick statistics showed that Yuan Zhou had eaten at least 2 million hands of Soybean No. 2 in just 5 minutes.

What is this concept?!

You must know that one hand in the futures market is different from stocks.

One lot of soybeans is 10 tons!

If calculated based on 4,300 yuan per ton, one lot is 43,000 yuan!

2 million lots "That's 86 billion yuan!"

Yuan Zhou bought a total of 20 million tons of soybeans, sweeping away almost all the soybeans on the market.

With a leverage of 80 times, 1.6 billion is deducted from the principal of 100 million, and there is still 1.5 billion, which means assets that can be expanded to 120 billion.

There is no problem at all if you eat all the soybeans in the futures market.

86 billion, with a balance of 34 billion.

"This guy is going crazy!"

Liao Jie wiped his sweat there and looked at the thousands of futures contracts in Yuan Zhou's account, all of which were for futures delivery in one month or even three months.

In other words, Yuan Zhou must replenish 20 million tons of soybeans within one month or even three months.

Regardless of the price!

If the price rises to 4,500 yuan/ton, Yuan Zhou can earn almost 200 yuan per ton, which is 4 billion!

But if it falls to 4100, it will be miserable.

Yuan Zhou lost 4 billion. Although it did not bankrupt him, it was enough to make him lose all his money plus his assets to pay off the debt.

And in Liao Jie's opinion, the probability of Yuan Zhou losing money this time is as high as 99%!

After all, the price of soybeans is already outrageously high.

"I have to keep an eye on it!"

"This guy's account will be closed at any time!"

Liao Jie stared at the futures curve, which symbolized the price of soybean No. 2, but it continued to rise.

This is of course due to Yuan Zhou’s sweeping of goods.

Like the wave just now, many people have actually made hundreds or even tens of millions by relying on Yuan Zhou's wave of buying and selling. Large capital is buying and selling, which means that futures will rise. This is a truth that everyone knows.

"You have all the 20 million tons of No. 2 soybeans on the market in your hands. Are you so optimistic about soybeans?"

Liao Jie guessed that this wave of acquisitions by Yuan Zhou had indeed caused a slight ups and downs in the market price of Soybean No. 2.

4355!

Another 5 yuan went up in 5 minutes!

But there is no longer any trading of Soybean No. 2 on the market, and it is all in the hands of Yuan Zhou at this time.

The price of Soybean No. 2 also fell into a very stable fluctuation as Yuan Zhou's sweep ended.

4355.67......4355.8.4355.5......

It just went down and up, and it actually stabilized in the range of 4355 yuan!

This made Liao Jie look at Yuan Zhou with admiration.

This shows that the market is quite optimistic about the price of soybean No. 2. Otherwise, such a sweep will cause the futures price to rise sharply in a short period of time. After the closing, there will still be a wave of decline.

"I can only watch the external market!"

"The internal market is controlled by this kid alone, so there is no possibility of instability!"

Liao Jie subconsciously prepared to search for soybean No. 2, which is the peripheral information of American soybeans. .