Chapter 13 Turnaround

Fifteen minutes, almost in the blink of an eye, passed.

Without Chen Chu by her side, Zhao Wanhong lacked the backbone, and the more she sat in the special account room of the vegetable oil group, the more troublesome she became, so she simply came to the report hall again, hoping to see Chen Chu sooner and comfort her heart that was made particularly worried by the market in the previous section.

In front of the declaration window, there were still some large and medium-sized households, listening to the judgment of those who were mostly short-term bearish on the market, and Zhao Wanhong, who was very troubled, saw the first transaction at the opening of the second subsection: 1180 yuan / ton.

Then it is 1182 yuan/ton, 1185 yuan/ton, 1190 yuan/ton, 1195 yuan/ton......

The futures price carried a huge trading volume, accompanied by a sharply enlarged open interest, and quickly crushed upward, which made the report hall exclaim, which was countered by Zhao Wanhong's uncontrollable screams......

"Xiao Chen, it seems that a big market is coming! Hehe......" Seeing the rapid rise of the futures price, Chang Zheng, who had just sat down, stood up again, and looked at Chen Chu with an excited smile, "What is the price at which we open a position?" ”

"Between 1173 and 1178."

"How tall do you think you can get this time?"

"Then I can't say for sure, but I think this time it should be a unilateral market, let's take a step at a time." Seeing the rising trend like a rainbow, Chen Chu was relieved, he obviously would not tell Chang Zheng how big this wave of market is, and there are many more magnificent markets waiting ahead in the future......

The sudden blow made Zhang Yan grit his teeth, and at the moment that had just passed, the 1.3 million funds that rushed into the plate according to his instructions were crushed into slag without even a ripple, and the future price had already rushed to 1210 yuan/ton.

From the moment of shorting, Zhang Yan invested a total of nearly 2 million funds, the average price of its transaction was around 1175 yuan / ton, about 3300 short positions, he never thought that before and after only 20 minutes of trading time, at this time the futures department led by him has lost 35 points per ton, that is, a loss of 350 points per hand, so that the futures department has lost a total of about 1.1 million yuan.

"Manager, stop!" Zhang Xuewei, who had been standing behind Zhang Yan without saying a word, looked at the futures price that was still jumping upwards with a nervous expression, and quickly calculated: "1242 up limit, 1233 let's blow up!" ”

The price limit of the corn contract is plus or minus 4% of yesterday's settlement price, and the so-called "liquidation" is just Zhang Xuewei describing their loss.

Because, the Futures Department of the Provincial Grain and Oil Storage and Transportation Corporation has its own membership seats in the exchange, simply put, they have deposited enough funds in the clearing center of the exchange, as long as the position is not closed, then its margin is automatically added, and the money lost is also automatically transferred to the settlement reserve of the profit side after the market closes, until the deposited funds are exhausted, therefore, for the Futures Department, there is no liquidation in the short term.

Hearing that the margin he had invested would be lost before the limit could be reached, Zhang Yan's teeth gritted even tighter......

Seeing that the dust had settled, Chen Chu sat comfortably in Wu Sheng. On the sofa in Li's office, he looked at Chang Zheng with a smile and said, "Brother Chang, don't get excited, I'll tell you something......"

Although he has been fighting in the futures market all year round, Chang Zheng has never been as enjoyable as today, when he walked into this office, the second section of the transaction had not yet opened, and now it has just passed less than ten minutes, and the trade department and he and Chen Chu have won a total of about 600,000 yuan, which makes him excited, Chang Zheng, who is still standing behind the desk, did not raise his head and responded: "What do you say, what's the matter?" ”

"I said that we should pay back the grain money owed to the old grandson of Shangling, I heard that ......"

Without waiting for Chen Chu to finish speaking, the futures price rose by five points, which meant that Chang Zheng had another 80,000 yuan of input, although this input was not stable, but it still won a loud finger from him, Chang Zheng raised his head and smiled at Chen Chu: "It's okay, Lao Sun is our iron, use his and use ours, wait until the position is closed, don't you just say more than 300,000 yuan, who uses it, what a big deal...... What have you heard? ”

Shangling Grain Depot is a warehouse directly under the Songjiang Provincial Grain Department, located in Shangling City, the director of the grain depot Sun Yeming, 45 years old this year, he was a comrade-in-arms of a cousin of Chang Zheng, and the relationship with Chang Zheng is indeed very close.

Due to the thorough relationship with Sun Yeming, a large part of the grain sold by the Ministry of Trade came from the Shangling Grain Depot, and now the Ministry of Trade owes more than 300,000 yuan of grain to the Shangling Grain Depot.

In the last generation, in April and May of '95, the State Development Planning Commission, the Ministry of Internal Trade (subordinate to the grain port), the World Bank Representative Office in China, and other relevant departments came to inspect and inspect the project of "using World Bank loans to improve grain circulation in China." Originally, it was only to inspect the newly built granaries, and this project was only one or two grain depots in one province.

However, I don't know which loser's thing in which place, nor how this loser's thing offended the officials of the State Development Planning Commission, so the acceptance turned into a major inspection.

The inspection came suddenly, menacingly, and so fast that it was difficult to prepare.

As a result, a number of grain depots in Songjiang Province were found to have problems, and the Shangling grain depot was one of them.

Although it is more than 200,000 or 300,000 yuan, it is only more than 200 tons of corn, for a large warehouse with a capacity of 80,000 tons, it is not a drop in the bucket, and it is really not a big deal, but Chen Chu still feels sorry for Sun Yeming, and he always regrets that if he does not blow up the warehouse and does not owe money, it will be better for Sun Yeming.

Now that Chen Chu has been reborn, he must find a way to save Sun Yeming, so the first thing he needs to do is to pay off the arrears, and at the same time, he has to remind Sun Yeming through Guò Changzheng, so he lied: "I heard from my classmates that the whole country is going to start a major inspection in the field of grain circulation recently, and it is said that it is very strict, especially the grain depot, which is the top priority!" You have to talk to Lao Sun about this. ”

"Really?" Chang Zheng shook his head a little disappreciatively, "Why haven't I heard about it, I'll inquire later, but the money owed to Lao Sun will be delayed a little longer, and now we are enjoying our earnings." After that, Chang Zheng ignored Chen Chu, turned his head and continued to rejoice in the plate......

Looking at Zhao Wanhong's shallow smile on her pretty face, and looking at this slender woman happily swaying her waist, Liu Jianguo felt a kind of tooth sourness: This little goblin, Xiao Chen helped her earn it again!

Today's disk, almost everyone can judge its short-term trend, short-term upward is undoubted, especially when rushing through 1210 yuan / ton, a large number of bears left the market, and the future price arched upward.

Liu Jianguo has now lost nearly 20 points, although his position is not heavy, accounting for only a quarter of his funds, but holding 80 hands, he also lost 16,000 or 7,000 yuan, and then thinking of Zhao Wanhong's more than 400 hands, more than 30 points per ton (one hand of ten tons) of profits, Liu Jianguo is particularly troubled:

It's only a little bit bigger, let that little goblin tease 120,000! …… ! The futures department is really TM's pit man! …… What can I do? Is it to admit compensation and leave, or ...... Why hasn't Xiao Chen come out yet!?

Liu Jianguo was suffering from gains and losses there, looking forward to Wu Sheng. When he looked in the direction of Leigh's office, he suddenly saw two directors of the Provincial Food Department appear in that corridor......