Chapter 115: Steel Futures

Style: Romance Author: Sleepwalking for half a lifetimeWords: 2225Update Time: 24/01/12 09:50:06
Li Wu almost forgot. Why did he forget the futures?

futures.

It is a form of centralized trading of standardized forward contracts.

That is, the parties to the transaction agree to buy or sell a specific quantity and quality of commodities at a specific price at a specific time and place in the future through the purchase and sale of futures contracts on a futures exchange and in accordance with the terms stipulated in the contract.

The ultimate goal of futures trading is not the transfer of commodity ownership, but to avoid the risk of rising or falling commodity prices through the purchase and sale of futures contracts.

In other words, if I order 100 goods now for delivery next year, next year the price has risen to 200, and you still have to pay me a price of 100. On the contrary, if the price drops to 50 next year, I still have to pick up the goods at a price of 100.

In other words, whether it goes up or down, it has nothing to do with the price currently booked.

But there is also a phenomenon that you can directly resell the contract you have booked and make a lot of money from it. This also forms the origin of futures trading.

However, for many commodity futures, the pricing power lies in foreign countries, and Chinese bookmakers are just shadows.

For white sugar, the pricing power lies with NYBOT and US Sugar No. 11.

For plastic fuel, the pricing power lies with NYMEX and US crude oil.

Non-ferrous metals, copper, aluminum and zinc, the pricing power lies with the LME, in London.

Agricultural products, beans, corn, soybean oil, pricing power is at CBOT, in Chicago, USA.

For rubber, the pricing power basically belongs to Tokyo.

When we stop trading at night, it is time for external trading. When external trading stops, it is time for us to start trading the next day.

As a result, our commodity futures always gapped open endlessly, or gapped higher and opened lower, and never steadily continued yesterday's closing trend.

Our short-term investors have also become poor gamblers, either getting rich overnight or becoming poor overnight. It is common for netizens to be excited or sad, grateful or cursed in various ways on various forums.

This is also the charm of gamblers playing futures, thinking about heaven and hell.

The reason why Li Wu wanted to buy steel was that he clearly remembered that after the Spring Festival, international steel prices began to rise sharply, doubling in a short period of time.

The reason is that many major foreign steel-producing countries suddenly and significantly increased export tariffs on iron ore and some steel products, including China, which triggered Italian iron ore and steel products. As domestic inventories continued to decrease, imports were too expensive, and the supply gap increased. Prices naturally skyrocketed.

The price of steel has doubled, and futures have jumped even more sharply. As long as you seize that point, you can make a lot of money even if you stay flat, let alone repeatedly operate the band.

Before Li Wu spoke, Cai Jia knocked on the door lightly.

"Chairman, Mr. Feng Liangfeng said that he has something urgent to discuss with you."

Li Canghai frowned, he was discussing a big business, what was Feng Liang doing here again?

In addition to borrowing money from me, he wanted to sell me the land of the paper mill at a high price...

Li Wu smiled slightly, what was supposed to come finally came.

"Director Li, why don't you talk first and I'll wait inside for a while. I just want a few minutes to think about Director Li's proposal."

There are two cabins next to the office, where Li Canghai usually relaxes and entertains, which is convenient for film and television, fitness, secretarial work, etc.

Li Canghai looked a little hesitant, wondering if this was too polite.

Li Wu smiled and said: "Don't worry about it, Director Li. If others have urgent matters, just deal with them first. Let's continue talking after that. Does it mean that Director Li and Mr. Feng have any business secrets? If so, then I can leave first."

Under normal circumstances, when Li Canghai was discussing business with others, Li Wu would definitely go out to the living room first to leave others with privacy.

But Li Wu will definitely not leave, and Lai will stay here, otherwise this time will be in vain.

When Li Canghai saw what Li Wu said, although he didn't understand what Li Wu meant, he thought that there was nothing shameful between him and Feng Liang, so he stopped talking and said quickly: "There's no secret! Then I'll give it to Mr. Li." Just wait a moment.”

"Director Li is welcome."

After Li Wu finished speaking, he stood up and walked into the small room next door with Huang Long.

After Li Wu entered, Li Canghai said to Cai Jia:

"Let him in!"

Feng Liang is handsome and at least 1.8 meters tall. Judging from his appearance, he looked quite handsome when he was young, but now his face is full of decadence.

"Sit down! Just tell me if you have anything to do!"

Li Canghai still asked Feng Liang to sit down and said calmly.

Feng Liang sat down, poured a cup of tea and drank it, then said:

"Brother Li, I want to ask you one last thing. Give me one million for the land of the paper mill. I need it urgently. Just treat it as your last favor for my brother."

Li Canghai actually wanted to curse. Feng Liang had approached him many times about this matter, and he said it was urgent every time. He also helped Feng Liang many times, and said it was the last time every time. Li Canghai no longer believed in Feng Liang. .

Li Canghai thought for a while, "Feng Liang, it's not that Brother Li doesn't help you, do you know what has become of you now? You say the last time every time, how many times has it been the last time? In this way, you listen to Brother Li and talk to that mistress No, you are still running the factory in Yongchang at a loss now, so why not sell it and come and work with Brother Li? Brother Li won’t treat you badly. How about 600,000 yuan a year plus an annual bonus of 200,000 yuan? "

Feng Liang didn't care about this. He was used to being a boss over the years. He couldn't do it if he was suddenly asked to work for someone else. What's more, with his previous vision, for hundreds of thousands a year, he really didn't want to be hired by someone else. keep it.

It is easy to go from frugality to luxury, but it is difficult to go from luxury to frugality!

Besides, the purpose of his coming today was to see Li Canghai's attitude, whether he could help him again, and whether he still missed his old friendship.

Now it seems that Li Canghai not only refuses to help him, but also wants to take him under his control.

"Brother Li, I want to try this job for a few more years. If I really don't get famous, I will come back to Brother Li."

"Brother Li is taking the land now as a favor to my brother. My brother will not forget you."

Li Canghai was a little upset. There was no way out for the paper factory now, but Feng Liang still held on and invested in it. He would only lose more and more in the future. When he finally had no way out, he would definitely come to him for help again.

Why not let go as soon as you don't lose much now, and come to Haixin, with an annual salary of hundreds of thousands, you can live a very comfortable life.

Seeing that Li Canghai didn't speak, it was obvious that he didn't want to help.

Feng Liang's face began to turn pale, and both parties remained silent. Logically speaking, this situation had proven that Li Canghai was unwilling to say more, which was equivalent to rejection.

Feng Liang should also say goodbye and leave on his own.

Feng Liang showed no sign of leaving, but asked again in a gloomy voice:

"Brother Li, are you really unwilling to save your brother even if you die, and don't want to help your brother again? Do you not miss the old relationship at all?"

Hearing this, Li Canghai became furious instantly. He was about to stand up and retort and scold Feng Liang...

"Hey, what do you two have to be angry about over this trivial matter? Peace brings wealth!"

As the voice fell, Li Wu walked out of the room, with Huang Long and Long Er closely guarding Feng Liang behind him...

Just now in the room, Li Wu had told the two of them that Feng Liang might have two guns in his waist!