Chapter Seventy-Nine: Deliverance
Maybe it's really that people are not as good as heaven, Ma Tianming is planning to get rid of the burden of the sugar company, but now this company that is on the verge of death seems to be turning around, and it is unknown what unexpected changes will occur in the future.
Also, the batch of cane sugar in his hand that made him remind him all day long, afraid that the price would fall and be trapped, began to rise a week after he hurriedly sold it.
In the last crushing season, everyone expected that the price of sugar would skyrocket in August and September, so they stocked up and did not sell, but then the supply and demand situation changed unexpectedly, and the price plummeted, and most of the sugar factories and distributors suffered a lot.
This crushing season, everyone has learned the lessons of the last price crash, from the beginning of the crushing season with the production and sales, dare not press the goods, to the end of the sugar factory production is basically about to end, there is not much sugar in the province.
This is in stark contrast to the supply and demand situation at the end of last year's crushing season.
It suddenly became clear to all parties in the market that there were still five months to go between now and the start of the new crushing season at the end of October.
For such a long time, the supply of cane sugar has really been scarce.
But in this period of time when the mentality of all parties in the market has changed drastically, Ma Tianming is just out of the matter.
If it weren't for the phone calls from sugar factories asking for payment, Ma Tianming would have almost forgotten about the price changes in the futures market. He originally wanted to wait for a month with peace of mind, and when the time came, he would pay the sugar and collect the money, and this sad and tiring business would be over.
But there were unforeseen circumstances, and just when he thought he could sit back and relax, things just found him.
On this day, the financial manager Sun Yi hurriedly came in and said: "Mr. Ma, Manager Zhang of the futures company just called and said that he wanted us to hurry up and pay the margin. ”
Ma Tianming was stunned for a moment and said, "What kind of deposit? Did you hear it wrong?"
Sun Yi said: "I really heard me right, that's what he said. I can't explain the specifics, why don't you give him a call and ask him to tell you?"
Ma Tianming picked up the phone and called Zhang Jin: "Manager Zhang, why did you call and ask us to make up the deposit?
Zhang Jin said: "Mr. Ma, that's the case, the price of sugar has risen rapidly in the past few days, and it has been nearly 120 yuan higher than the price at which you sold and opened a position, and there are not many funds available in your capital account. ”
Ma Tianming was taken aback and asked, "It's gone up so much, when did it happen?!"
Zhang Jin said: "Just within a few days. ”
This news made Ma Tianming feel very uncomfortable, but the fact that the other party was going to make a margin call in front of him made him have no time to think about anything else, and he asked puzzledly: "Our sugar has already entered the delivery warehouse, and the rise and fall of the price has nothing to do with us, why do we need to add margin?"
Zhang Jin explained with a smile: "Of course I know this, but the book funds caused by the price increase after you sell are insufficient, and this still requires a margin call." Mr. Ma, futures trading is a one-to-one correspondence, how much you sell, how much someone buys. That is to say, as much as there is a floating loss on your side, there will be a floating profit on the buyer's side. If you don't make up for the lack of funds on the books, there will be a gap in the funds of our futures company. ”
Zhang Jin is right, any customer who has insufficient funds on the book must be added immediately. However, when it comes to the overall capital situation in his trading seat, there will be no gap at present, because Li Xin's 600 positions have a huge floating profit.
But in the final analysis, it was Li Xin's money, one yard is one yard, and he still has to urge them to make up for the funds on Ma Tianming's side.
When Ma Tianming heard this, he understood a little. But now the funds are too tight, which gives him another problem. He asked, "How much more?"
Zhang Jin thought for a while and said: "During this time, the price has risen rapidly, or you will pay one million, anyway, in the future, when the delivery is made, more will be refunded and less will be compensated." ”
Ma Tianming put down the phone and asked Sun Yi: "How much money is left in the account?"
Sun Yi said: "There are more than two million." ”
Ma Tianming said helplessly: "Just according to their requirements, take one million to make up for it first, and you will do it tomorrow." ”
Sun Yi wanted to speak and stopped, but when Ma Tianming saw this, he waved his hand and said, "Go, go, go." Sun Yi had no choice but to turn around and come out.
After thinking about it, Ma Tianming slapped the table angrily: MD, I knew that if I sold it later, wouldn't I be able to make hundreds of thousands more? Now I have to pay one million instead!
The next morning, Sun Yi came to Zhang Jin to make up the deposit, and as soon as he entered the door, he found that Li Xin was also in the house, talking about the market with other customers.
Sun Yi finished his work and wanted to stay and take a look, so he found a place to sit down and quietly listened to what the others were talking about.
Li Xin listened to the conversation between Sun Yi and Zhang Jin, and then recalled the batch of goods they sold not long ago, and roughly guessed what was going on.
Sun Yi doesn't understand futures, but he still knows what the stakes will be between the rise and fall of prices and the company's positions. After listening to it for a while, I saw that many people had opinions on the future market, so I couldn't help but ask: "Why do you think it will rise?"
The stranger's cold question quieted down the discussion of the people around him, and after more than ten seconds, Lao Zhao said: "If there is less goods, the price will naturally go up." It was kind of an answer to him.
Sun Yi asked again: "Is there any statistics that say that there are fewer goods on the market at present?"
Lao Zhao pointed at Li Xin and said, "You have to ask him about this, he said it." Last year, he said that the price of sugar would rise to more than 4,000, but unfortunately I didn't listen to him, otherwise I would have made a lot of money like him. ”
Sun Yi originally wanted to know what Li Xin was doing here, but seeing that Lao Zhao directly led the topic to Li Xin, he was in the middle of it, so he took the opportunity to ask: "You bought it last year? At that time, the price was very low." ”
Li Xin nodded.
Li Xin knew that he was Ma Tianming's subordinate, but he did not know his name, nor did he know that he had recognized himself as an employee of the sugar company.
Lao Zhao patted Li Xin's shoulder enviously and said, "Otherwise, he has made a lot of money! When he bought it, it was less than three thousand three." ”
When Sun Yi heard this, he couldn't believe it, and said, "One ton has risen by eight hundred, won't it?"
Lao Zhao was originally unaccustomed to Ma Tianming, who liked to put on a stinky shelf and had no one in his eyes, but now when he saw that the employees of their company also had the same virtue as Ma Tianming, he said angrily: "Is it necessary to lie to you?"
Sun Yi touched a soft nail in front of so many people in the house, and he was a little embarrassed. But he couldn't care about these, he thought: If what Lao Zhao said is true, Li Xin earned 800 yuan a ton, and it would be terrible if he bought ten hands, and he made a net profit of 80,000 yuan.
He asked Li Xin, "How much did you buy?"
Li Xin was a little annoyed that he was asking about other people's affairs in public, but it was not easy to sweep his face in front of so many people, so he didn't look at him, and said in general: "A few hundred hands." ”
He wanted to use this tone and attitude to tell him to stop asking.
Sun Yi could clearly feel that Li Xin was unwilling to answer his questions, and he was also a person who often mixed up on various occasions, could he still have this eyesight?
But price and quantity are the most important questions, so it's useless to ask anything else.
Besides, he didn't care about the embarrassment brought to him by Li Xin's attitude at all, because Li Xin's unreasonable answer surprised him: Hundreds of hands? That's millions!
The 600 lots sold by Ma Tianming only lost hundreds of thousands in just over a week, and the young man in front of him bought hundreds of lots under 3,030 last year, isn't that just a few millions?
It's really fake, it can't fool me, right?
But when he thought about it, it didn't look like a fake. This young man is doing futures here, and the price and quantity he buys and sells are not clear to others, but Manager Zhang and other staff of the futures company should be clear.
Why didn't he dare to lie in front of Manager Zhang?
Last time he talked to Ma Tianming about seeing Li Xin here, Ma Tianming affirmed that the sugar company had no funds and could not do futures here. That means that the young man in front of him is doing futures here, even if these funds are not his alone, he only accounts for a fraction of them, and he can have hundreds of thousands of profits himself.
What if all these funds were his own? Wouldn't he have earned more money here in the past few months than the light industry supply and marketing company has earned in a year!
Now he felt that he seemed to be a little blind to Tarzan.
From the words of Li Xin and Lao Zhao, he figured out that Li Xin's position has not been closed yet, so he asked: "You don't close the position now, continue to be bullish, why?"
Li Xin said: "Didn't you say it just now? Now that there are fewer goods, they will rise in the future." ”
Sun Yi didn't give up and continued to inquire: "Where did you see the data from?"
Li Xin said: "There is no ready-made data, so we have to collect statistics on our own. ”
Sun Yi originally wanted to inquire about the source of the data, and he also looked for it, but when he saw Li Xin say this, he knew that there was no play, how could Li Xin's personal collection and summary data be shown to himself.
So, he changed to a more direct question: "Then how much more do you think it will rise?"
Li Xin thought for a while and said, "It should go up by about 200 yuan." ”
Immediately afterward, he added: "I mean the September contract, the May contract is not certain, this contract is about to be delivered, the price change is a little irrational, maybe it will rise more." ”
Lao Zhao interjected at this time and said, "Your expectations have been raised by two hundred yuan?"
Li Xin said: "Yes, do you want to chase a little? ”
Lao Zhao hesitated and said, "Forget it, I still won't chase it." ”
After listening to Li Xin's words, Sun Yi secretly complained in his heart: If he continues to raise 200 yuan as he said, won't the company lose more than 1.2 million yuan on its books, and will not be able to pay a deposit at that time?