At Singapore's Rubber Futures Exchange, the day was still as calm as ever.

It's just that most of the time, these storms and thunderstorms are not revealed, so everyone is at ease most of the time.

Singapore's rubber futures market is the main trading market for natural rubber, which is of guiding significance for the price discovery of natural rubber worldwide.

Some of the physical and chemical properties of natural rubber cannot be replaced by artificial rubber, especially its excellent rebound, insulation and water insulation properties, so that it still has an extremely wide range of applications in industry.

Every year, human condoms consume millions of tons of latex. There are more than 70,000 industrial products that use more rubber than condoms.

It is conceivable that in the rubber futures market, what a terrifying capital wealth flows.

When a $100 million 38 baht short order was placed, the market barely hiccuped and completed the transaction in an instant. The price index of the Singapore Rubber Futures Exchange only had a slight pause, and then still rose firmly.

"Mr. Pang, will you continue to place an empty order?" The trader looked at Pang Zhou with a somewhat ugly face, and his tone trembled a little.

"Go ahead, the next order is 38.5 baht." The tone of Pang Zhou's words did not waver at all, and he continued to order traders to buy short orders.

Here, Pang Zhou and the vast majority of traders think differently. Natural rubber, which is priced in Thai baht, is no longer actually considered rubber, but a unit of measurement in the baht.

Buying rubber short is equivalent to buying Thai baht. In the case of determining that the Thai baht will fall sharply. The actual market price of rubber is meaningless. This is also the reason why Thailand has not recovered for more than a decade after the collapse of the entire exchange rate market. It's not just the financial sector that has collapsed. After the Asian financial crisis, Thailand can be said to have only a few ruins left. The entire price system will likewise collapse completely.

This time, another 100 million US dollars of short orders were hung in the futures market, Pang Zhou received 30 million US dollars of short orders, and then the slowly rising rubber futures price finally stopped.

In five minutes, the trading volume of rubber futures was only 10,000 lots. The price is also stuck at 38.133.

Pang Zhou has no reliable relationship in Singapore, and the means of financing are not very powerful. If he is just a retail investor with tens of millions of dollars in his hands, maybe there are banks willing to provide him with financial leverage. It is not a problem at all to leverage the amount of funds of hundreds of millions or billions.

But unfortunately, the funds in his hands are tens of billions, which ghost bank can provide him with a ten-fold level of leverage? Which ghost bank has this capital offered?

No, so all he can use now is the $10 billion that Zhou Shuo supported.

In just ten minutes, the short order of 200 million US dollars seemed to make the market suddenly quiet.

"38.2 baht, 100 million empty orders continue." Pang Zhou continued to give orders to the trader without hurry, and took the coffee from the office OL in his hand. Meimei's taste has risen.

It's a great feeling to have tens of billions of dollars in your hands in your hands. Theoretically, the price should be being manipulated by an invisible hand in the market.

But in this moment, this invisible hand. It is clearly Pang Zhou's hands.

However, all of a sudden, a short order of $100 million at the price of 38.2 baht was sold. The parity in price, which had been going on for ten minutes, was suddenly broken!

"It's from Hirano Trading Company, Japan!"

The trader, who had been in charge of monitoring the market, did not wait for Pang Zhou's orders. directly reported the information he found. The entire $100 million short order was swallowed by Japan's Hirano Trading Company.

"Oh? Hehe. Interesting. ”

Pang Zhou touched his chin and walked behind the person next to him. Look carefully at what's on the monitor. Nippon Hirano Trading Co., Ltd. is a company with great influence in the rubber industry. With total assets of about US$6 billion, the main market is the domestic rubber trade in Thailand and Japan. Their purpose in making futures is not only to flatten the risk, but also to make profits by virtue of their industry position.

After Hirano Trading Company broke the price parity, the futures price of natural rubber suddenly reached the level of 38.3.

38.31、38.32……

Obviously, Hirano Trading Company is driving up the price of rubber and moving towards a short order hanging high at 38.5.

"Mr. Pang, do you want to continue to keep the price down?" The traders were already consciously ready, and when Pang Zhou gave an order, they wanted to fight well with the people of Pingye Trading Company.

"No, I'll wait until Hirano Trading Company raises the price." Pang Zhou smiled and ordered: "Continue to eat a small amount of empty orders, don't fight for the time being." ”

"Uh, okay Mr. Pang."

Although he was puzzled by Pang Zhou's words, the trader still did as he was told.

Hirano Trading Company raised prices very quickly, and the 38.3 and 38.4 thresholds quickly missed, seeing that the price of rubber was about to touch Pang Zhou's $100 million short order at 3.85 billion.

This year, the overall situation of the rubber market is stable and rising, and the Thai government also raised the protective price of rubber purchases at the beginning of the year. Pang Zhou's operation is definitely a counter-market approach, and the operation of Hirano Trading Company is normally much lower than Pang Zhou's.

Even if the rubber market is suppressed by capital in the short term, Hirano Trading Company can hold it for a long time and wait for the market to pick up, or even directly deliver the spot.

In the rubber market, Hirano Trading Company can be said to be difficult to lose money regardless of whether it is long or short.

Well, of course, it's just hard.

"President, this is the information of the previous 100 million empty buyers." Also in the big room of the Rubber Futures Exchange, only seven or eight rooms away from Pang Zhou's big room, Hirano Yuan also sat firmly on the big chair and took the information handed over by his subordinates.

"Americans?" Hirano Yuan frowned and said to himself, "Didn't they go to the wrong door?" ”

Singapore's Rubber Futures Exchange is only a part of the Singapore International Financial Exchange, and its trading varieties cover the vast majority of futures products. It has partnerships with both Tokyo and London Futures Exchanges. In addition to the building where Pang Zhou is located, there are many buildings densely packed around the entire City of Singapore that are used to provide futures trading markets.

In the natural rubber market, the power of the Americans is not strong, but the strength of the Japanese. Not only are they able to call the tide in the Singapore rubber market, but the Tokyo Industrial Products Exchange is currently the world's largest rubber exchange, and the Japanese have been manipulating the rubber market for many years.

When Hirano Yuan saw that an American company had come out of nowhere, he would inevitably have some doubts.

"Give me a detailed look, where did this Egwen company come from, I need more detailed information!"

"Hey!"

The information investigator of Hirano Trading Company returned to his position and began to make calls on the table. Only a little bit of the registration information of the other company can be found in the system, and they have to pay more price and patience to know more information.

"President, the price of rubber futures is about to rise to 38.5, and the other party still has 70 million shorts, do you want to eat it?"

"Eat it."

Although Hirano Yuan still doesn't know the origin of Pang Zhou, the financial market has always been the most practical, even if it is Lehman Brothers? They don't change the direction of the market just by virtue of their fame.

The general trend of the market, Haohao soup. Those who go along with it prosper, and those who go against it die.

In Hirano's view, this Egwen company is clearly acting against the tide, and it doesn't matter who is behind it. It's just that he is a dignified Hirano trading company, and of course he can't kill a nameless ghost under the knife.

To put it simply, this time even if you make a fortune from the other party. But if he can easily take out 300 million US dollars to buy a short company, he Hirano Mototo, must know who the enemy is this time. Don't be inexplicably overshadowed in the future, and then return what you earned today.

In Pang Zhou's big room here, the trader also began to shout: "Mr. Pang, the price of rubber futures has reached 38.5!" Hirano Trading Co., Ltd. swallowed 70 million empty orders in one go, and the price continues to rise! ”

"Hey, good!" Pang Zhou glanced at the screen, and in just half an hour, his account had lost more than five million dollars. Every time the price of rubber futures rises by 0.1 baht, it means that Hirano Trading Company has earned a million dollars from him.

That's a million dollars in 1997, and the vast majority of people on the planet don't earn that number in their lifetime. Now in this market, it is flowing in seconds.

Pang Zhou looked at his watch frequently, suddenly patted the trader's shoulder, and ordered fiercely: "Don't do the game, go all out to short, I will never stop if I don't shout stop!" ”

"Ah, yes!"

Under the rapid operation of the trader, one by one sky-high short orders were hung up.

100 million, 200 million, 300 million, 400 million, 500 million......

billion, 1.5 billion, 2 billion, 2.5 billion, 3.5 billion......

The whole Singapore rubber futures trading market is crazy! The rubber market, which originally reached a new high of 38.5, was suddenly blinded by a huge short order!

Almost instantly, the price of rubber fell below 38 baht, then fell to 37, 36, and when the last short order fell, the price of rubber was exactly 33 baht.

It's not that Pang Zhou doesn't want to continue to suppress the price of rubber, but there is not much money left in his hand. 80% of the $10 billion has become a short order in the rubber futures market, and he always has to leave some maneuvering power in his hands.

Since the beginning of June, it has been laying out, and it has quietly eaten more than $3 billion in short orders before. In a short period of time, the digestion capacity of this market is limited after all. (To be continued......)