Chapter 283 Unsurprisingly
The theory of heaven is that Su Chenghuan is the main trader of Dahua, all of which are born with pressure. I lost $100,000 a second later, and I lost one zero after shaking my hand for a long time. I've been used to working under pressure for a long time.
No matter how high-end Zhou Lao and Su Lao are, they can only play the effect of three minutes at most. If you get used to it, you won't feel nervous.
Traders gradually became familiar with the venue, and their movements were also in an orderly manner. Before long, the trader who picked up the phone again had returned to a roaring state: "500,000 barrels are right, $26.12..."
Occasionally, traders turn their heads and see the curious eyes of Mr. Zhou and others, and the volume will suddenly weaken, from roaring to whispering, but before long, it will return to normal.
The staff of the hospital office passing by were extremely curious, and some simply looked forward. Why has the State Council ever been so excited? It's like a township government. The two interns also opened their eyes wide and looked at the screen. For the two girls who had just graduated, international futures trading is really a curious and strange term.
The oil price at the beginning of the opening on January 17 was calm, as if yesterday's violent shock had overdrawn today's change, just like the Gulf crisis in the past six months, which overdrawn the fluctuation of the Gulf War.
It is said that whether people are tired or aware of the risk of advance, if you only look at the initial curve, there is really no war in today's futures market.
Only Sucheng knows that with the entry of the war into the city, a huge peak has arrived uncontrollably.
Once the Gulf War begins, oil prices will run up like a runaway wild swan, and after more than $42, it will turn straight down and fall to the lowest dollar.
Although it is often said that oil prices fluctuate violently, no other two hours in the history of world oil prices have fluctuated so violently. It not only rose sharply, but also fell sharply, from about $42 to the US dollar, and then fell from $42 to less than $30, which was like a roller coaster.
However, this is by no means a game. Not only do some people need to pay hundreds of millions of dollars for it, but ordinary consumers will also pay additional costs because of increased risks. Only a few can make money. Perhaps only those oil trusts that can enter the Bush family can benefit from the news of the war.
I believe that there are many people who can guess the rise in oil prices, but I'm afraid there are few people who can guess that oil prices will fall after 2 hours. Americans can decide when the war will start, but they can't decide when to win.
According to the Chinese media, if the Gulf War is another quagmire of the Vietnam War, the oil price will have to soo to the sky of $100. In just a few minutes, 20 million barrels of oil were purchased. In addition to the purchases before the market closed yesterday, the number of orders of Dahua Industry reached 30 million barrels, which is equivalent to the number of empty orders on the day.
Zhang Chao whispered, "The total amount is no more than 7.8 US dollars. Do you want to continue to buy it?"
"Continue." After a moment of hesitation, Su Cheng explained to the senior officials behind him: "Because oil prices will fall, we need to prepare a certain amount of cash to deal with the bad situation. However, if we don't buy oil now, we won't be able to buy it until the war begins. At that time, many people will set a selling price, which is their psychological price. At that time, the psychological price is often higher than the final price. Therefore, when the oil price soars, there is usually only buying, not selling. On the contrary, it is the same. It must be laid out in advance..."
"But if there is no war, you will lose money if you buy it now." Director Huang added with a smile: "30 million barrels of oil will make 30 million US dollars if it rises by 1 dollar, and if it falls by 1 dollar, it will lose 30 million US dollars."
Several people looked at each other and were stunned.
It is normal for the leaders of the State Council to sign tens of millions, but the signature is not accompanied by various considerations. How can the ownership of 30 million US dollars be decided in this way?
Mr. Zhou nodded and said, "In this way, the futures market has amplified the risk?"
"If you don't want to take risks, use hedging." Su Cheng explained and said, "Our State Reserve Center is now using this means to ensure that our metal prices remain unchanged. I won't make money or lose money. Speculators are what I do now. In fact, sitting in the market is the process of discovering value.
In addition, it is also a competition for pricing power.
"The competition for pricing power?" This concept has existed for a long time, especially in the third world countries. In the 1990s, African and Asian countries relied on agricultural products, while the pricing power of agricultural products was in the hands of European and American countries. At that time, China was also deeply touched by this.
Su Cheng asked Zhang Chao to continue to grasp the trends of traders. He accompanied Mr. Zhou and said, "Oil, like many commodities, is mainly in the futures market. The spot market is a little behind the price of the futures market, but it is generally towards the price of the futures market. The influence of other institutions is only based on the market and cannot replace the market. Like oil, our current trading price is 26 US dollars, so no matter which company is negotiated by Saudi Arabian National Petroleum Company, he can float at most US dollars, and it is probably too much.
This kind of lag is not a good thing for us.
"Oh?"
Professor Dai smiled and said, "The lag of what Su Cheng said will cause Asia to rise. That is, the price of crude oil shipped to Asia is more expensive than that of crude oil shipped to Europe and the United States. This is because there is no successful crude oil trading platform in Asia. We can only trade with North Sea Brent crude oil on the London Stock Exchange or the WTO in New York. They can't reflect the real supply and demand relationship..."
Mr. Zhou said slowly, "That is to say, this futures market is a negotiation process?"
"Yes, everyone takes out real money to talk about it, and those who talk nonsense will lose money." Professor Jie's words made everyone laugh.
Duan Yuanguang made a pair of eyes, looked at the screen and said, "Americans are also talking about war. Su Cheng, are you sure that they can talk about it today?"
"We are not very sure, but it is because everyone is not sure that we can buy a large amount of oil. When everyone is sure, it is not easy to buy such a large volume."
"So you'd rather do it at a loss?"
"It must be borne." Su Cheng smiled and said tentatively, "I'm also forced to do nothing. When this futures are finished, we will invest all the money in the construction of the petrochemical base, and we will no longer do such business in the future."
He didn't say anything about the Haicang plan, he only talked about the petrochemical base. For the central government, the Haicang Plan has not only economic significance, but also political significance, which cannot be replaced by Dahua. Only when considering the pure economy will Dahua's petrochemical base be supported.
At present, neither Mr. Zhou nor Su Zhenmu will easily express their position.
Professor Dai said, "War is hard to say. If you fight for a long time, you will be in trouble."
"We expect that the ** time of the international futures market for the war is very short. Once the war starts, we will go in and come out." What Su Cheng said is a little unclear.
"**The time is very short?" Professor Dai frowned and said half curiously, "Su Cheng, do you mean that the war will be divided in a short time?"
"Once it is confirmed that Saddam has no power to fight back, the oil price will fall. There is no doubt that the United States will start the war with air strikes. If Iraq's air defense means do not work, or it works, either way, we will know the result in a short time. Su Cheng suddenly had a very pleasant feeling, mainly because the place was more magical and the audience was relatively high-end. He couldn't help adding: "The air raid should start in the early morning. I think it's almost done."
In addition to Middle East experts such as Professor Dai, Mr. Zhou also has a fat expert in military consulting. He couldn't get in the way just now. Now he heard that Sucheng began to evaluate the war, he couldn't help saying, "The war is not determined by air strikes alone, but also the factors of ground war. The United States may bomb Baghdad, but the number of civilians there is so large that the effect is difficult to analyze. If Saddam hides his troops from the people, it is possible that it will have no effect.
Even the Tibetan soldiers said to the people. Su Cheng said helplessly, "The Iraqi troops can't always hide. If they don't gather, how can they fight?"
"It's enough to gather in the necessary time. Ground wars or urban wars don't take too long to gather. Only when Americans are under great logistical pressure can they take a long time to gather."
Sioux City immediately surrendered and said, "I don't understand war, but from my point of view, it doesn't matter how many troops exist. If Iraq's heavy equipment is destroyed, for example, 40% of the air defense facilities are ineffective, then from the perspective of war, Iraq is finished. As for the ground war, Iraq and Kuwait's oil is no longer on the futures market, so if their troops can't leave the country, the war will be explained.
"The strength of Iraq's armored forces is very strong. After disguise, it is impossible to be destroyed..."
The fat expert only said half of what he said, and Su Cheng didn't listen any more, because the white line in the futures market began to float upward.
The yellow director, who is looking forward to the solution, is red-eyed, and the deposit of the State Reserve has reached 60 million US dollars. If the oil price does not rise, he really can only jump off the building. At this time, although he only saw the rise of less than $1, he asked excitedly, "Has the war begun?"
Everyone looked at it.
Zhang Chao shook his head and said, "Most of them have their heads."
This is because someone got the news in advance. Su Cheng was thinking about it when he saw that the phone on the table rang. A secretary answered the phone and whispered to Mr. Zhou and Su Zhenguo.
Director Huang whispered to Su Cheng when there was no one around, "Su Dong, please give me a hand. Let's advance and retreat together."
He is in his forties. He thinks he is a brother, and he is indeed forced to a dead end.
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