Chapter 335: Limit production and stop sales
Jin Changxing, who had already been interested, felt that Xue Chenzhi's words didn't seem to be finished, and stopped at the most unsuitable place. So he looked at Xue Chenzhi and said, "You go on." β
In fact, Xue Chenzhi, who is very deep in the city government, thinks that he has said everything that should be said, even if he omits a few words at the end, if these people here listen attentively, even if they don't say the omitted words, they should know what they mean.
Because in the question that Jin Changxing raised just now, the core thing he wanted to ask the most was the last sentence: When will the copper price rise back?
Xue Chenzhi thinks that what he just said has perfectly answered Jin Changxing's question: the three waves of copper prices are not technical adjustments, and it is almost impossible to rise back in a short period of time, and such an answer will not make Jin Changxing feel embarrassed.
But he didn't expect that Jin Changxing, who was only looking forward to the rise in copper prices, did not hear the deep meaning here, but did not give up and asked himself what he said.
So he could only reply: "If the decline in copper prices is not a technical correction, then it will be difficult to return to the height of more than 75,000 yuan in a short period of time." β
No smelter director like Xue Chenzhi would not look forward to the rise in copper prices, but even so, the copper price of about 75,000 yuan is already a bit ridiculously high in Xue Chenzhi's eyes.
In his opinion, the current sharp rise after the collapse is actually normal, it is just a manifestation of the return of prices to normal.
Jin Changxing didn't speak, he turned his head and asked Huang Hongliang: "You are most familiar with the sales market, what is your opinion?"
In the past, Huang Hongliang was very familiar with the sales market and was more sensitive to the sales price, but now it is different, with the transformation of the sales model, he is now most concerned about the sales volume, as for the price, in his opinion, it is a problem for Xue Chenzhi and Jin Changxing to consider, and he does not care about this now.
But now that Jin Changxing has asked him by name, he doesn't dare to say that he doesn't know, in that case, maybe he will be scolded in public. You must know that among the problems just discussed, the most important is the copper price issue, and this problem is solved, and there is no need to talk about other problems.
Jin Changxing attaches so much importance to this issue and asks everyone's opinions by name one by one, Huang Hongliang does not dare to be sloppy. As soon as his eyes rolled, he instantly had an answer: since he can't say why, then pick up what Jin Changxing is willing to listen to.
So he said ambiguously: "I think it will go back in the future." β
Jin Changxing's eyes lit up when he heard this, and he immediately asked, "How much do you think it will rise?
Huang Hongliang pretended to be thoughtful, hesitated for a few seconds, and then replied: "The highest copper price has reached 84,000 yuan, and when the price rises in the future, the price of 75,000 yuan can be seen." As for the timing, I think it will be in a month or two. β
Jin Changxing said: "I have the same opinion as you, and I also think that within a month or two months, this price will definitely rise back." And I think your estimate of 75,000 yuan is still a bit low, and I think the price of more than 80,000 yuan will definitely be seen. The most fundamental reason here is that the supply and demand relationship in the copper metal market is completely different from that of two or three years ago. At the summit I attended this time, experts and scholars repeatedly emphasized this issue. What determines the market price? It is the relationship between supply and demand! The supply and demand relationship of copper metal is in short supply in the long run, which determines that the copper price will still be in an upward channel in the long run. β
Echoing Huang Hongliang's casual voice of seeing the wind and making the rudder, Xue Chenzhi sneered in his heart. When Jin Changxing asked Huang Hongliang about his opinion just now, Huang Hongliang was suddenly stunned, and his very stunned expression did not escape Xue Chenzhi's eyes, he didn't believe that Huang Hongliang's answer was really after thinking about it.
In the past, when Huang Hongliang's sales company still relied on the difference between purchase and sales to make profits, Huang Hongliang would also bargain with himself on the purchase price, which forced him to care about and study the sales price in the market, and his view of the market sales price was relatively objective at that time.
However, under the current sales model, every time Huang Hongliang comes to the smelter to buy goods, he never cares what the purchase price is, and after getting the goods, as long as the sales price in the market is not lower than the sales reserve price he gave him, he will sell it to the outside world.
In this case, Huang Hongliang has become numb to the sales price in the market, and when he asked him what he thought about the price at this time, he got too much water to believe at all.
Xue Chenzhi did not dare to agree with Jin Changxing's vow that the copper price would return to more than 80,000 yuan, and he secretly thought in his heart: Even if you are right, the market supply and demand situation of copper metal is different from two or three years ago, and the copper price is in an upward channel in the long run, but the question is whether this long-term can solve the current dilemma?
The idea that the price of copper will return to the height of 75,000 yuan or even 80,000 yuan in a month or two is too naΓ―ve, right?
What if the price of copper returns to the height of 80,000 yuan in a year or two years? Can the current problem be waited that long? Perhaps by that time, the Southern Group will have been dragged down by the huge losses of this new mine.
But he only dared to think about such thoughts in his heart, and never dared to spit out half a word on his lips. Because this matter is too important, if this matter is said, it will definitely embarrass Jin Changxing, let's not talk about this for the time being, the key is that after this problem is raised, Xue Chenzhi himself has no corresponding solution.
Since you can't solve something you can't solve, and you offend the leader, why do you say it?
So Xue Chenzhi also pretended to be pensive and stopped talking.
After listening to Jin Changxing's opinion, Huang Hongliang nodded again and again with a smile on his face and said: "Chairman, your analysis is correct, I also think that due to the changes in the current supply and demand situation, the copper price will eventually return to the position of about 80,000 yuan." β
The reason why Huang Hongliang chose to unconditionally agree with Jin Changxing's views is that he doesn't want to sing against Jin Changxing and make trouble for himself. Second, although he can't see exactly what the copper price will do in the future, he doesn't want the copper price to fall in his heart.
Because if the price of copper does not rise, the price of mining will not rise. If the new mine has been losing money, if Jin Changxing really stops selling copper ore, the profit of the sales company will shrink significantly.
Now the profit from the sale of copper ore also accounts for a considerable proportion of the total profit of the sales company, and if this profit is gone, Huang Hongliang will feel heartache.
Therefore, he said that copper prices will return to high levels again in a month or two, because he wants to give Jin Changxing a certain amount of confidence and let Jin Changxing stop the idea of stopping the sale of copper ore.
But Kim Chang-heung doesn't think about it that way.
Although he has been exhausted by the situation in front of him, Jin Changxing, who has always thought that copper prices will return to high levels soon, really can't bear to sell copper ore at a loss like now.
Just like what Mr. Zhang said at the summit forum not long ago, Jin Changxing has always thought that these copper mines and copper in his arms are golden dolls, and now he is losing his money and selling it to make his heart bleed, he will never allow such a thing to continue to happen, he will stay until the near future, and then sell it after the copper price rises and there is a profit.
After explaining his ideas in detail again, seeing that there was no objection from everyone, Jin Changxing said: "Is that just the way it was decided? The mining progress of the mine should be lowered and maintained at a minimum level, so that the normal operation of the workers and the mine can be maintained." As for the sale of copper ore, let's stop it for the time being and wait until the price recovers? I don't expect this to last long. β
Xue Chenzhi said: "Okay, then that's it, it's a pity to sell it at this price now." β
Seeing that the opinions of the first and second leaders had been unified, several other people nodded and agreed to Jin Changxing's proposal.
Although Huang Hongliang agreed, but in his heart he was 100 unwilling, he is now busy thinking about the problem is that the profits from the sale of copper mines are gone, so it is necessary to expand the sales channels of copper metal as soon as possible, otherwise the profit shrinkage at the end of this year will be more serious.
Hearing that Jin Changxing had decided to limit the production of his mine and stop selling to the outside world, the director of the new mine sat on the side and hung his head in despair.
He knows very well in his heart that this is only the first step, and if the price still can't go up, the shutdown will be unavoidable, so that the wages and bonuses of his employees will be greatly discounted in the future.
As the finance minister of the group, although Zheng Guorui does not understand the specific business of each branch, he is clear about the financial situation of all the following branches.
So far, the financial situation of all the other branches can still be described as beautiful, but only the financial situation of the new mine, which is the largest single investment of the group, is a mess.
The situation in front of him reminded him of what Li Xin said at the time: investing in buying a mine now may not be the best choice.
It seems that this matter was said right by Li Xin again.
Not to mention whether his idea of buying shares in the Western Copper Company was reliable, the new mine in front of him was really not bought at the right time! Not to mention whether there would be a lower price in the future, even if it was saved a considerable amount of money by saving it for now.
Zheng Guorui thought so in his heart, and his eyes secretly glanced at Jin Changxing, Jin Changxing's appearance of being weak but supported by a strong fighting spirit made Zheng Guorui feel a sense of dΓ©jΓ vu.
This kind of image of being strong on the outside and doing in the middle, he has also seen it in Liu Zhongzhou before. That was Liu Zhongzhou's expression when he didn't listen to Li Xin's advice and insisted on selling short in the futures market, resulting in a loss of hundreds of millions.