Chapter 504: The Planning Commission's Counterattack

"What are we going to do now?"

Sun Zhenjiang stared at Pittston with blood-red eyes and asked.

The news from the Meson Fund completely destroyed Sun Zhenjiang's confidence. His original hope was that the country could not come up with foreign exchange to import steel, so he could only watch them speculate on the price of steel. Now it seems that he still underestimated the energy of a country too much. A little-known Daqin Group can apply for seller's credit abroad and quietly import steel. If the state does this with great fanfare, then even if he Sun Zhenjiang's capital is 10 times more, he will not be able to control this market.

In an instant, he felt the urge to pick up Pittston and beat him up. In the end, even Daqin Group quietly imported more than 12 million tons of steel without grasping the big news, which can really be said to be insufficient and more than defeated.

But now, he can't turn his face with the Meson Foundation. He not only invested more than a billion yuan of money he had accumulated over the years, but also borrowed more than one billion yuan from many banks through various connections and hoarded a large number of high-priced steel products. Originally, he hoped that the price of steel could rise further, and then he would be able to earn more than one billion yuan in profits as long as he threw out the steel. However, once he knew that the Planning Commission had a tough hole card in his hand, he knew that this goal could never be achieved, and what he had to do now was to quickly sell the goods and untie the bag and reduce his losses. To do this, he must work together with the meson fund, and if he wants to turn around, he will have to wait for the funds to be withdrawn.

"We have to sell as much inventory as we can before the Planning Commission can suppress prices. Sun, you call the trading companies right now and say that there will be a batch of steel shipments in the market. Let them eat as much as they can. Give them enough confidence that steel prices are far from peaking. Pittston said.

"Lao Pi, do you want Liang Zi and them to pick up our plate?" Sun Zhenjiang's eyes widened, and he couldn't believe his ears.

Pittston sneered and said, "If you don't let them pick it up, who else can you let pick it up?" ”

"A few days ago. Didn't they say that there are some southerners who are in a hurry to buy steel? Let them quickly contact these southerners and transfer the steel to them. According to Liang Zi, these southerners can eat at least 5 million tons of steel, and if they are given some more benefits, maybe they can eat more. Sun Zhenjiang said.

Pittston smiled: "Sun, you still haven't understood? Those southerners are not real customers at all, and they must have been sent by the Planning Commission to create a false impression. Think about it. If they really urgently need to purchase steel, why do they not move every time the Planning Commission releases steel, forcing us to buy it?

The Planning Commission has promised your top management that they will control the market price of steel, so it is impossible for them to let enterprises buy high-priced steel, otherwise it will be their dereliction of duty. If there really is a group of southerners who are buying steel on a large scale in Beijing, the Planning Commission, which has a large number of steel reserves, will definitely not sit idly by. ”

"But...... Liangzi: They're my buddies. This time I messed up playing with steel, and I'm already very sorry for them. If we let them pay for our plates, I won't be able to see them in the future. Sun Zhenjiang is still struggling.

Pittston said: "Sun, you should understand that there is no emotion in the market. The most important thing for us now is to withdraw our own funds, and we must get our funds back into our accounts safely before the State Development Planning Commission takes action. As for the Liang and Ling you said, they were. I think there will be a way to solve the problem on my own. ”

"This ......" Sun Zhenjiang was stunned for five minutes, and finally made up his mind, he picked up the phone, dialed Liang Zhaohui's number, and then quietly waited for the sound of answering. If someone else is watching. It can be found that Sun Zhenjiang's hands are constantly trembling, and the muscles on his face are constantly twitching. He knew that if this phone call came, the friendship between himself and Liang Zhaohui since childhood would be over, and after Liang Zhaohui was fooled, he would definitely regard him as an undying enemy.

But at this point, does he have any other choice? He remembered a phrase often passed down in the circle: Brother, isn't it just to be betrayed?

"Hey, is it Liangzi?" Hearing the sound of connecting from the microphone, Sun Zhenjiang asked in the calmest tone possible.

"Yes, Zhenjiang, I'm looking for you too." Liang Zhaohui's voice was a little hurried.

"Zhaohui, let me tell you first, I just heard the news that the Planning Commission is about to release another batch of steel, and the amount is relatively large, estimated to be several million tons. I've talked to Pittston about eating the steel together. We are responsible for half of it, you contact Yiping and Kaizi to see if they can eat the other half, about 2 million tons......," Sun Zhenjiang said.

Liang Zhaohui on the other end of the phone seemed to be stunned for a moment, and then asked sneeringly: "Zhenjiang, you called me, is this what you mean?" ”

"yes." Sun Zhenjiang said, "The matter is very urgent, you should hurry up and raise money." ”

"Zhenjiang, you don't want to trick me, do you?" Liang Zhaohui's voice carried some inexplicable affection, "At this time, you still ask me to raise money for foodies?" ”

"Zhaohui, I know you're a little tight on funds now, but don't you still have some acquaintances at the bank, think of a way to raise some more money. Let me tell you, Pittston, they have calculated, they have survived this paragraph, and the price of steel will have to rise, at least to ......" Sun Zhenjiang made up words in his stomach, thinking about how to persuade Liang Zhaohui.

"Holy!" Liang Zhaohui suddenly broke out, "Sun Zhenjiang, why didn't I see that you were this kind of person!" You clearly know that we have smashed the game this time, and we have to smash the goods in our hands. What do you say the Planning Committee wants to ship, it's clearly the goods in the hands of you and the Yankee, you want to slip away, let us take over for you! ”

Sun Zhenjiang was drunk and couldn't help but panic, he said eagerly: "Liangzi, what do you say?" How can it be smashed, the ...... of the meson fund"

"Sun Zhenjiang, don't tell me that you are not watching TV now, the Planning Commission has just issued a guide price for steel, and said that it will ensure the supply of all steel enterprises at the guide price level, we spent more than 3,000 tons of hoarding goods, all smashed in our hands, everyone is busy looking for the next home to ship, who do you want to deceive!" Liang Zhaohui shouted a few words on the other end of the phone, and then hung up the phone before Sun Zhenjiang could react.

"Steel guide price?" Sun Zhenjiang held the telephone receiver and listened to the blind tones one after another, only feeling that his head was buzzing. After pausing for a while, he remembered the TV that Liang Zhaohui talked about, and hurriedly threw down the phone, picked up the TV remote control, and pressed the TV on.

On the television, the spokesman was repeatedly announcing the State Development Planning Commission's circular in a sonorous and powerful voice:

“…… For a period of time, some speculative funds at home and abroad have tried to take advantage of China's reform of the steel supply and marketing system to stir up trouble and disrupt the market order in order to make profits. They wantonly hoarded steel, artificially created a tight supply and demand situation, and carried out price speculation, which brought serious troubles to the production and operation activities of the majority of downstream enterprises......

In order to maintain the excellent situation of reform and opening up, standardize the order of the socialist market economy, and protect the interests of downstream enterprises and the masses from infringement, the State Development Planning Commission has decided to provide price guidance for the steel market from now on, stipulating that the guiding price of 6.5 mm cold-rolled wire rod is 2,200 yuan per ton, 12 mm rebar is 2,350 yuan per ton, and 1.5 mm hot-rolled plate is 2,700 yuan per ton...... The provincial and municipal material departments can adjust the above guide price according to the market supply and demand, and in principle, the price change shall not exceed 10% of the guide price......

In order to achieve this goal, the State Development Planning Commission will release 5 million tons of steel to the market in the near future to meet the needs of production enterprises and construction units. In order to avoid speculation, it is stipulated that all institutions that purchase steel must issue a production task book recognized by the provincial material department, and any enterprise engaged in resale business shall not purchase steel ......"

Sun Zhenjiang and Pittston listened to the notice in a daze, and the sweat on their heads kept flowing.

The Planning Commission finally made a move, and it was a killer move. Price limits, rationing, and the release of 5 million tons of steel all at once broke the gamble that speculators had been building for months. The gap between supply and demand in the market is actually not large, and 5 million tons of steel can meet the most urgent demand. By resembling rationing, the Planning Commission cut off the channels for speculators to continue stockpiling and prevented them from interfering in the market.

As long as this batch of low-priced steel is released, the market's expectations for prices will plummet, and speculators will not be able to find buyers unless they sell their inventories at a low price. Even if the 5 million tons of steel put into the planning committee are not enough to meet all the demand, those production enterprises will continue to wait and see with a wait-and-see attitude.

Iron and steel enterprises across the country are expanding their production capacity, and the tight supply and demand situation cannot last long. At the same time, the speculators do not have enough funds to wage a protracted war with the Planning Commission, because they need to spend money to rent the treasury, and the money they borrow from the bank needs to pay interest, and the longer it drags on, the heavier the burden on them.

Once there are speculators who can't support it, they can increase the market supply and give users more confidence. In this case, the entire speculator camp will collapse like an avalanche, and everyone will scramble to sell inventory, because everyone knows that those who are running behind will not even be able to grab the opportunity to ship at a low price.

This is the counterattack of the Planning Commission. (To be continued......)