Chapter 235: Dilemma

Jiang Hua is very willing to believe Liu Zhongzhou's judgment, because in that case, Li Xin's positions will not only not make so much money, but may also lose money.

But judging from Monday's trend, Liu Zhongzhou's prediction did not appear, and the futures price rose by a few hundred yuan, which made Jiang Hua's heart sour, and it was very unpleasant.

Because Jiang Hua doesn't understand futures, he usually doesn't pay attention to price trends, so he doesn't know about today's decline, otherwise, his heart may be happier than Liu Zhongzhou.

At dinner, Liu Zhongzhou took out another bottle of good wine and drank it there.

His wife's expression when she saw him eating today was obviously different from the dejected appearance yesterday, and she had some doubts in her heart, but she didn't dare to ask, for fear that one sentence would be inappropriate, and it would attract Liu Zhongzhou's eyes.

Liu Zhongzhou's daughter saw that he was in a good mood, so she asked: "Dad, didn't you say that you are short futures? Why do I think that the copper price on the computer has been rising in the past two days, so aren't you at a loss?"

Liu Zhongzhou's wife asked curiously, "What is shorting?"

Her daughter said, "It's selling." ”

Liu Zhongzhou's wife nodded as if she didn't understand and said, "Oh." ”

Liu Zhongzhou said disapprerovingly: "How can there be a rise that keeps rising, and when it rises, it always falls, and today it fell by more than 200 yuan, don't you see? It makes sense for us to sell, and it won't be long before you can watch a good show." ”

Liu Zhongzhou's meal of wine was very nourishing, and the mental relaxation and the effect of alcohol made Liu Zhongzhou sleep very soundly. In his dreams, he even saw gold ingots everywhere.

Li Xin, who had a bad night's sleep, was kept awake by today's market trend.

However, the subsequent market did not develop in the direction that Liu Zhongzhou imagined, but took a trend of advancing three and retreating, and half a month later, the price of futures copper has risen to 46,000 yuan.

This result not only made Liu Zhongzhou's jaw drop, but also completely unexpected Li Xin.

He originally expected that the increase of 5,000 yuan would take at least two or three months, or even until the end of the year, but now in just half a month, the price has risen to this position.

Fortunately, he followed Yuan Jie's suggestion and kept his position. Now this price has exceeded his expectations, and his profit margin has exceeded 6,000 yuan per ton.

At this time, Li Xin didn't want to close the position.

Li Xin didn't want to close the position because he hadn't seen the obvious signs of the short stop loss exit, so he still wanted to wait.

Because there is a good example in front of him, the short position of 20,000 tons in Liu Zhongzhou's hand has not moved until now.

If Liu Zhongzhou's positions are closed, the price will be pulled up a lot.

In the past half a month, Liu Zhongzhou has spent as if he is in purgatory, looking at the losses that are increasing every day, he is already stunned and doesn't know what to do.

At this point, the accumulated loss on the books has reached 160 million, and he can only close the monthly futures positions according to the original decision and based on the actual sales data. Only in this way can we justify ourselves. Other than that, he couldn't think of any countermeasures.

This also has the advantage that futures positions can be held until the end of the year before they can be fully closed, and there is still room for manoeuvre in terms of time.

At this time, Liu Zhongzhou still had a trace of illusion in his heart, what if the price fell at the end of the year? In that case, wouldn't there be so much loss in futures? Maybe he could make up for the loss.

At a loss, there is also Finance Minister Zheng Guorui.

Now, there are only more than 20 million funds available in the two futures accounts, and if this money is placed elsewhere, it will be a huge amount of money, but it is just a drop in the bucket to use this money to support the short positions of 20,000 tons.

Huang Hongliang and Xue Chenzhi regretted their intestines at this time.

Half a month ago, the ex-factory price and sales price were greatly raised, so that they basically sold out the inventory in the factory. In the past half a month, with the rapid rise in prices, there are not many goods they can sell, and they have missed a good opportunity to make a lot of money.

What makes them even more angry is that the price is rising "crao", there is no goods to sell in their hands, and they can't make a profit, but those positions in the futures market are still losing money. This one in and one out, the money lost in half a month is an astronomical amount!

But at this point, on these two matters, although Huang Hongliang and Xue Chenzhi were so anxious to scold their mothers behind their backs, and their words were very unpleasant, they didn't dare to express their opinions casually in front of others.

They know that copper prices are now completely out of the normal range, and no one can say what will happen next.

Now that there is so much loss in futures, it is no longer possible to describe it as difficult to ride a tiger, when will the 20,000-ton position be closed, and how much? This is a problem that the gods cannot handle, and if you are not careful, you may get into trouble.

Liu Zhongzhou, who was at the center of the storm, could not stay out of the situation, and the most important thing at the moment was to find a large amount of funds as soon as possible to maintain positions in futures.

In this matter, there must be no more mistakes, this is almost the only hope for Liu Zhongzhou to turn defeat into victory.

Liu Zhongzhou is now just the opposite of Huang Hongliang and Xue Chenzhi, both of them are focused on production and sales, and they are afraid to avoid huge losses in futures. But Liu Zhongzhou completely dumped the production and sales to Huang Hongliang and Xue Chenzhi, and put all his thoughts on futures.

If he can't minimize these losses in the futures market, or even turn defeat into victory, then his hard work and credit in the Southern Group over the years will be in vain.

Liu Zhongzhou saw this very clearly, so he had to muster up his spirit and make the final struggle.

After two days of contemplation, Liu Zhongzhou had an idea.

On this day, taking advantage of Xue Chenzhi's visit to the headquarters, Liu Zhongzhou convened a meeting of the group's management to discuss the issue of futures positions.

Li Xin didn't know what Liu Zhongzhou's purpose was for this meeting, it was already mid-July, and the contract in August was getting closer and closer to the delivery date, and the trading volume was getting smaller and smaller.

However, Liu Zhongzhou had something to say first, and he had to close the position strictly according to the hedging process, so Li Xin really didn't know how to mention this matter to Liu Zhongzhou.

Later, Li Xin had an idea, an hour before the meeting began, he went to Zheng Guorui's office and said to Zheng Guorui: "Minister Zheng, when the meeting is held later, why don't you tell the chairman about the position in this contract in August, I'm afraid it should be closed now, and you can't wait until August to close it." There are two reasons for this, when it comes to August, the trading volume will be very small, and we will have to buy all the positions to close them, and the price may be higher and higher, which is extremely unfavorable for us. Another reason is that the delivery date of futures is in the early part of the month, but Huang Hongliang and his sales company will not be able to count the actual sales figures until the end of August, and it is too late to find time. ”

Regarding the issue of futures, Zheng Guorui has a lot of things to talk to Li Xin, but the situation in front of him makes him unable to wipe his face and take the initiative to find Li Xin, and now he is naturally overjoyed to see Li Xin take the initiative to find him.

But after listening to Li Xin's words, Zheng Guorui thought about it in his heart: It turns out that you also have nothing to do but go to the Three Treasures Palace, and as soon as you come, you want me to come out for you, why don't you tell him this yourself?

Zheng Guorui thought so in his heart, the smiles on his face when Li Xin entered the door just now disappeared in an instant, and he replied coldly: "I don't want to close the position early, but I don't dare to come up with this idea, or you should tell the chairman." ”

Li Xin had already noticed the change in the expression on Zheng Guorui's face, but he couldn't care about it, except for Zheng Guorui, Li Xin didn't know who else to talk to.

He explained: "I think it's better for you to go and tell him, you just say that the funds in the account are already very tight, and after the position on this contract is closed, the available funds will be much better, so it seems natural for you to mention this matter to him." Let me tell him about this, it may be counterproductive. ”

Zheng Guorui thought about it carefully, what Li Xin said also made sense, this matter is his biggest headache, and this is a good way to solve the urgent need.

He looked at Li Xin's expression, and it seemed to be very honest, not like he was using himself as a gunman, not to mention that Zheng Guorui couldn't see what benefit Li Xin was to doing this.

So Zheng Guorui rolled his eyes and came up with an idea: "Why don't we both express our opinions during the meeting, and I say that there is insufficient funds, and then you come to make a suggestion to close the position in August in advance, do you think this is good?"

Li Xin also saw Zheng Guorui's vigilance, and he thought to himself: In the past, when he raised objections to Liu Zhongzhou in front of everyone at the meeting, Zheng Guorui was the only one who looked forward to Liu Zhongzhou. Now in this situation, he is a little afraid of Liu Zhongzhou when he says these words, and it is very rare for Zheng Guorui to agree to stand with him at the meeting.

Dead horses should be live horse doctors, as long as Liu Zhongzhou can hear these words, it doesn't matter who said them.

So Li Xin said: "Okay, that's all." ”

Like Li Xin and Zheng Guorui, who met privately to exchange views before the start of the meeting, there were also Huang Hongliang and Xue Chenzhi.

The time when they met was much earlier than when Li Xin went to find Zheng Guorui.

Huang Hongliang's first thought when he received the notice of the meeting was: Is Liu Zhongzhou going to find fault?