What Li Xin didn't expect was that the high-level long quilt that Zhang Jin said was now the sugar factory that was put on the spot, which was the Zhulin Sugar Factory.

The impact of this wave of price decline on sugar mills is also huge.

Wang Dong, director of Zhulin Sugar Factory, has undergone earth-shaking changes compared with the beginning of the crushing season.

It is really feng shui in turn, thirty years in the east of the river and thirty years in the west of the river. At first, customers gathered around him to get the goods, and now he is begging people everywhere to buy candy.

This morning, when he entered the office, he was busy dealing with various things, and now although there are not many things in the production workshop, the things related to product sales give him an abnormal headache.

In the past, this time was a time when the sugar mill was more relaxed, but this year it was the opposite.

The sugarcane raw materials and the still considerable inventory in the warehouse all hung in his mind like a dark cloud, lingering.

He put down the phone tiredly, and just took out a cigarette, and before he lit it, the chief of the financial section knocked on the door and came in: "Factory director, the exchange sent a notice yesterday afternoon, asking for an additional deposit of 600,000 yuan." ”

Wang Dong threw the lighter in his hand on the table, frowned and said, "Didn't you add it once last month?"

The chief of the financial section considered the words and said: "This time, because the contract we hold is close to the delivery month, the exchange has increased the proportion of contract margin according to the regulations. If we continue to hold the position, we will have to add 600,000 yuan. ”

Seeing that Wang Dong didn't squeak, the chief of the finance section just closed his eyes, propped his elbows on the table, and buried his head between his palms and rubbed back and forth, as if he was thinking of some countermeasures.

After a while, the chief of the financial section cautiously asked: "Factory director, do we continue to hold positions......?

The words of the chief of finance made Wang Dong speechless for a while.

If I had known what to do, this would not have been delayed until now.

These positions in the futures market have become a piece of his heart, and now when he thinks of these, Wang Dong regrets his intestines.

The huge gap between supply and demand at the beginning of the crushing season made him firmly optimistic about the trend of sugar prices, and the sales work in the factory proceeded in an orderly manner according to his original expectations, the sugar leaving the factory was sold at a good price, and a large amount of cane sugar was hoarded in the warehouse.

He sold the sugar when the price of sugar was higher after it was harvested in the factory.

He did this because he expected sugar prices to be higher by the end of the season.

If, as in previous years, the product is sold out before the peak sales season, then when the price of sugar is at its best, traders like the sugar company will make a lot of money, while a sugar factory like itself that has worked so hard to produce sugar will not have sugar and will not make the most profits.

Therefore, he changed his sales strategy in previous years, stockpiling more goods and shipping less.

Just when his warehouse was almost bursting, the price of futures sugar began to fall.

When he heard the news, he was also a little flustered.

However, after a horizontal comparison with other manufacturers, he found that the ex-factory prices of each sugar mill did not follow the futures price.

In addition, his original view of sugar prices remains unchanged, so he believes that the decline in prices in the futures market is just a pullback after a sharp rise, as long as the ex-factory price of manufacturers does not fall, there is no reason for sugar prices to fall, and sooner or later it will return to the upward trend.

So when the futures price fell rapidly to around 5,100 yuan, seeing that the price was nearly 400 yuan lower than the ex-factory price in his factory, he felt that this was a good opportunity to buy on dips.

The impact of the surge in sugar prices at the beginning of the crushing season was too deep for him, and in just one week, the price rose by nearly 800 yuan, and that happened when the price of the sugar factory did not rise at all.

Now the ex-factory price of sugar factories is high, and it is no wonder that the futures price does not rise!

Looking at this huge price difference, Wang Dong couldn't resist his inner impulse and opened a position in the futures market to buy 100 lots.

His idea is very direct and simple, the gap between supply and demand is so large, and the futures price is so much lower than the ex-factory price, which is obviously unreasonable.

It won't be long before the price of futures will go up.

At that time, it was easy for me to sell my position and close it, and it would be easy to earn two or three hundred yuan per ton.

According to his estimates, in a week or two at most, the futures price will rise, and the 1,000 tons of sugar in his hand can earn two or three hundred thousand yuan in a short term as soon as he runs in and out.

He secretly compared how long it would take to spend in the workshop and how many tons of sugar it would take to produce in order to earn the two or three hundred thousand yuan, while in the futures market, he could make it in a very short time with very little money.

However, the price of futures did not stop falling and rebound as he imagined, but continued to fall like a bamboo, and did not give him a chance to play at all.

Within two or three days after he opened the warehouse, he lost more than 300 yuan per ton of sugar.

Such a heavy blow made him stunned.

Lacking experience in futures trading, he did not immediately stop his loss and leave the market, but took chances, believing that the price would rise as time went by.

So he kept holding the position and waiting.

A month later, things got out of hand. Compared with the price at that time, the loss of his opening position exceeded 1,000 yuan per ton. During this period, according to the notice of the exchange, the factory added a total of 1.4 million yuan to the exchange several times.

Now, in addition to the backlog of sugar in the warehouse to find a market, the 100 positions in the futures exchange also make him feel sorry when he thinks about it.

Whether it is delivery or immediate liquidation, the loss of more than one million is inevitable.

How can you account for these losses in the futures market?

I originally wanted to make a quick profit, but I didn't expect it to be a cat catching rice cakes, and I couldn't take off my claws.

What worries him the most is the sugar in the warehouse, if it is sold now, the price per ton is nearly 1,800 yuan lower than two months ago, if it is sold earlier, it can make an extra million yuan!

It seems that my expectations for this year's sugar price are still too high, otherwise the inventory in the warehouse would have been running out for a long time, and I would not have opened a long position in the futures market!

Alas, it's useless to think about anything, so let's look at the present.

He sighed and said to the chief of the financial section who had been waiting beside him: "Let's make a margin call according to their requirements first, and I'll think about what to do about the position." ”

The chief of the finance section agreed, opened the door and went out.

The predicament in front of him made Wang Dong desperate, and after thinking about it for a long time, he dialed Lin Li's phone.

After receiving Wang Dong's call, Lin Li felt very strange: "Director Wang?!It's been a long time, how did you know about this call?"

Wang Dong smiled and said: "I called your company, and they asked me to call this number to find you, saying that you are still in the sales area." ”

Lin Li agreed: "Yes, haven't you been out on a business trip, Director Wang, what's the matter?"

He still muttered a little in his heart, speculating about the reason why Wang Dong called him.

Wang Dong said with a haha: "Manager Lin, we've known each other for a long time, can't I talk to you if it's okay?"

As soon as Lin Li, who was already very slippery in the sales market, heard what he said, he knew that there must be something behind Wang Dong.

He didn't break it, and continued to pretend to be confused: "That's it, who are we with whom, Director Wang will also come over here for a walk when he is free, and my brother will entertain you well when the time comes." ”

After listening to this, Wang Dong complained with Lin Li's words: "Brother, I also envy you, I want to cross the world like you, but no, I still have a lot of inventory in my hand, and I am trying to find a way around!"

Lin Li was confused when he heard this, and asked in disbelief: "Director Wang, do you still have inventory in your hands now?"

Wang Dong said: "Yes, there are still some more. Manager Lin, can you help me buy some more goods over there?"

When Lin Li heard this, he believed that what Wang Dong said was true.

He was taken aback, he couldn't have imagined that Wang Dong still had stock of cane sugar in his hand looking for a market everywhere.

With such a good situation at the beginning of this year, it was difficult for him to get sugar in the sugar factory, and he thought that the sugar in Wang Dong's factory had already been sold out at a high price.

He thought to himself, no matter what Wang Dong's inventory is now, how much less money will he make per ton if he sells it at the current price!

Recalling the scene of begging Wang Dong to buy candy at that time, and listening to Wang Dong on the phone now accompanied by a smiling face to go to his factory to buy goods, Lin Li really wanted to see Wang Dong's smiling expression on the other side of the phone in person.

"You were reluctant to sell it in the first place, you deserve it!" he scolded in his heart.

"Director Wang, how many elaborations do you still have in the factory?" Lin Li asked.

"About three or four thousand tons. Wang Dong replied that he had discounted the quantity. Despite this, his words were still unexpected.

Even in previous years, when the price of sugar was not high, by this season, there are very few sugar factories that can still have thousands of tons of sugar.

The reason why Wang Dong told Lin Li the true situation was subconsciously because he still had some confidence.

Now that he has these sugars in his hand, although he makes a lot less money by selling them, he still makes money, so he is not too taboo to talk about these things when he is eager to solve his difficulties.

Seeing that Lin Li didn't speak, Wang Dong asked: "Manager Lin, the sugar company's sales this year are good, right? If possible, support us again, we can negotiate the price." ”

Lin Li didn't answer him directly, but he also tried to be as tactful as possible in his words: "We still have a lot of sugar in our hands now, and it is estimated that it will take a while for all of them to be sold out." Director Wang, you also know that this price is very difficult to do now. ”

Obedient and listening, Wang Dong listened to Lin Li's tone, and knew that there was no hope for this matter, so he chatted with Lin Li on the phone for a few more words, and then hung up.

The reason why he called Lin Li was also out of helplessness, he had such a large inventory in his hands, and he had to find a way to sell it. If you don't find a way to sell the inventory quickly, what will happen to the new crushing season that is about to come?

The price offered by those small customers is too low, and the quantity of goods asked for is not much.

The sugar company is different, at the beginning of the year, they asked for two or three thousand tons of goods from themselves at one time, and they didn't care about the price, and with the strength of their company, they must have made a lot of money this year.

If we can find a way to get from them, the inventory in the factory will be much easier.

However, listening to Lin Li's tone, he seemed to have some resentment for the unpleasantness that happened when he bought sugar here a few months ago.

After Wang Dong put down the phone, after thinking about it, he secretly sighed in his heart: "It's really this time and that time!"

After answering this call, Lin Li also felt a lot.

From Wang Dong's words, he unexpectedly learned that with such a good start this year, not every sugar factory made as much money as he originally imagined.

Lin Li avoided answering Wang Dong's question about the sugar company's sales this year on the phone, because it was not enough to be humane.

Now the loss is so big for every ton of sugar sold, such a situation does not need to be explained by the leader, and he has no face to talk to outsiders.