536 There are times when selling oil is not profitable
In these years, although the people of the magnesium country are richer, stronger and stronger.
But in many ways, the people of the magnesium country still yearn for the life of the nobility of England.
Since you yearn for it, it is natural to learn from the aristocracy.
Moreover, many of the people in power in the United States are from England and Ireland, and they are actually very concerned about the affairs of England.
On the contrary, the value of the champion knight is even higher than expected.
Not to mention 8 million pounds, as long as Chu Xiangqian is willing to sell, 5 million pounds, that is, 20 million US dollars, can be sold casually.
Don't even think about the rich people on the magnesium side, there are people in England alone who are willing to spend 5 million, even 6 million, 7 million pounds to buy the champion knights.
Among these people, maybe there are Elizabeth and Philip.
After all, the royal family is actually very rich, and Elizabeth is a well-known horse racing fanatic.
In order to win a championship, he invested continuously for decades, but in the end he was unable to stand on the Triple Crown race and accept the award for his horse.
In this auction, someone was willing to pay $300,000 to buy a thoroughbred horse under Chu Xiangqian's name, which naturally depended on the fame and record of the champion knight.
Wattana Lee, who bought several horses in the last game, gritted his teeth and simply quoted a price of $400,000.
Instantly made the scene noisy.
That's a lot of money for a thoroughbred who has never raced before, but Wattana-Lee was lucky enough to buy the best three-dimensional of the 10 horses he bought last time.
The horse also cost £128,000, but it was bought back for a few local races in Thailand, and after finishing in the top three, it had at least doubled in value.
At the same time, that horse also proved that in the sprint race, the sweat horse does have the strength to compete with the thoroughbred.
If you can win a few titles in Thailand, it is really impossible to be worth more than a million pounds.
After all, as a member of the Han cultural circle, Tianma, also known as sweat and blood horses, is also famous in Thailand.
And in the Celestial Empire, just three words of sweat and blood can attract the attention of the people who live in the country.
Feeling that he was lucky, Wattana Lee, then he had the idea of taking the risk and fighting again.
But $400,000 is only £100,000 at this time, and it's not as expensive as the sweaty horse last time.
Sure enough, with a one-time increase of $100,000, even the two desert tyrants were frightened by Wattana-Lee's momentum.
Anyway, there are still 9 thoroughbreds, and most of them don't plan to fight with the woman Wattana-Lee.
Soon the first thoroughbred was bought by Wattana-Lee.
Chu looked forward at the other party, and Wattana turned his head to look at him as well.
Chu Xiangqian thought about it and nodded to the other party, which made Wattana think that Chu Xiangqian was hinting at himself.
I couldn't help but be overjoyed, and it looked like I should have missed it again.
It's a pity that Chu Xiangqian won't let the same person pick up the leaks one after another.
If you do that, there will be buyers who will feel that there is a problem with it.
The auction of the next 9 horses was also successfully auctioned, with a total amount of 3.4 million US dollars, although Chu Xiangqian's expectations were less, but they were also within the acceptable range.
After all, it is indeed difficult for this kind of horse that has never been on the track to sell at a price much higher than the market price.
On the contrary, it was because of Wattana-Lee's sweaty horse and Wu Hao had just won the 1600m sprint race on Hong Kong Island.
Let the auction atmosphere of the next 40 sweaty horses enter the white heat at the beginning.
But 40 horses, it's a bit much.
But fortunately, at least half of the auction in the first half of the year passed £100,000, and the performance of those 10 sweaty horses in this half year was not considered to dominate the Southeast Asian racing world, but it was also a good performance.
Not only did none of the 40 horses fail, but the two people from the desert royal family probably had the idea of domesticating sweaty horses.
4 stallions, 12 females were snatched up by the two of them, so that the competition between other buyers and other sweaty horses became more fierce.
The total amount is 4.5 million pounds, equivalent to 18 million US dollars, which made Chu Xiangqian earn 72 million Hong Kong dollars at once.
After deducting the 5% commission of the Jockey Club and Bridge, he received $3.23 million for the third time.
The fourth game was $17.1 million.
The four games combined, Chu Qianqian reached $24.757 million.
In an instant, the funds in Chu Xiangqian's hands became abundant.
Not to mention the construction of Universal Studios, even if the two buildings on the racecourse street and the storefront on the street start construction at the same time, he can have half of the funds left in his hand.
Make an appointment with He Zanyuan to settle the purchase of 4 tons of gold from the He family at Standard Chartered Bank tomorrow.
Chu Xiangqian took Aiyuan and Zheng Sufen and got on a Rolls-Royce to go to the backbone restaurant in Yau Ma Tei.
Because the backbone Duan Hongchun was notified in advance, the restaurant did not receive any individual guests tonight except for the guests who had booked before.
In the entire back kitchen, except for a group of people preparing the guests who had ordered the dishes tonight, everyone else was preparing the whole tiger feast.
However, because many desert people do not eat offal, some dishes naturally cannot be cooked.
Finally, based on the favorite dishes of the ghost guys in the past, there are 6 cold dishes prepared in the back kitchen. 6 refreshments.
With the addition of 6 hot dishes made of tiger meat and two soups, the specifications are already very high.
Even if it's a state banquet, that's pretty much it.
Because Chu Xiangqian personally invited all the guests who participated in the auction today to dinner after the auction, except for some guests who did not auction any horses, he was embarrassed to eat this meal.
At night, there are at least 40 customers who come to the main store of Youqi Yau Ma Tei, which is just enough to open 5 tables.
After Duan Hongchun received the notice, he immediately vacated the second floor, and forty or fifty people waited for the meal to start, so they naturally divided into small circles to chat.
Chu Xiangqian personally accompanied the two desert tyrants who bought more than 40 horses tonight.
After chatting, it became clear that Ahmad was an Omani and Rahman was Kuwaiti.
As for the specific identity, Chu Xiangqian didn't need to continue to ask, he guessed that it should be one of the members of the royal family.
No matter how bad it is, it is also a confidant of a certain prince or even the king of the king.
Although the desert tyrants in these years are also rich because they sell oil, the price of oil is stable between 1.5 and 2 US dollars a barrel all year round, and there is not just a prince on the other side of the desert, they are all billionaires.
And because of the different costs of extraction, not all oil fields are as profitable as picking up money.
However, because the Middle East has the largest number of self-injected oil, the lowest extraction cost, and the excellent oil quality, the desert tyrants do make a lot of money now and in the future.
After the oil crisis in 73, the international oil price soared from below $2 to $11 or even $13, and the desert tyrants could start their journey to get rich.
After Chu Xiangqian thought of this, he immediately decided that the masters behind Ahmet and Rahman definitely wanted to domesticate the sweaty horse population on the other side of the desert.
This is a good thing for Chu Xiangqian.
4 males and 12 females can indeed slowly breed more offspring of sweaty horses, but the number is more than 100, and it can't be done in ten years.
Even if the number goes up, the offspring that are bred may not necessarily produce good horses.
Otherwise, there wouldn't be so few champion horses.
And when the herd reaches a certain level, it is inevitable that new stallions will be introduced.
Either continue to buy new horses or ship your own horses out of the country and breed them with horses from other breeding bases.
This means that in the future, more and more people will pay attention to and pay attention to it.
Regardless of how much the price goes up, at least the more people who pay attention, the more potential buyers.
Chatting and chatting, Rahman asked as if unintentionally about the provenance of the 20 Arabian horses.
Chu shrugged his shoulders forward and said casually, "Some tribes in East Asia still have a lot of good things in their hands. However, if you want to transport it out from under the nose of a polar bear, the cost is not small. ”
Rahman and Ahmed looked at each other and sighed helplessly, there are indeed many tribes in several countries in Central Asia that domesticate all kinds of horses.
But as Chu Xiangqian said, if you want to transport a large herd of horses out of the atmosphere of polar bear's power, it is indispensable to open up local relations.
With the relationship between the Celestial Empire and the polar bear, there is indeed no small advantage.
Then Rahman asked whether Chu Xiangqian was interested in purchasing some oil, or whether he would set up an oil company on Hong Kong Island for refined oil.
Unexpectedly, when Chu Qianqian was thinking about it, Ahmad also took the initiative to say, "Chu, although your Celestial Empire discovered a super-large oil field last year, I heard that oil has also begun to be produced this year.
But compared to the quality of oil and the cost of extraction in our desert areas, it is definitely more expensive for you to buy oil from the Celestial Empire than to buy our oil. ”
After Rahman made an estimate, he continued, "There should be a difference of about $0.3 per barrel." ”
"If you're willing to set up an oil company on Hong Kong Island, I'll be able to decide at $1.68 a barrel." ”
Chu Xiangqian couldn't help but be interested, although after the crude oil is bought, it still needs to be transported to the refinery for refining, and the cost in the middle will basically rise by two or three times or even more.
However, even if the transportation cost is added, the oil price rises to US$8 a barrel, and the cost price of a barrel of refined oil after it arrives on Hong Kong Island is only HK$0.2 per liter.
At present, the price of refined oil products on Hong Kong Island is US$0.25 a liter.
Don't look at the business that only earns 0.05 Hong Kong dollars per liter, but the gross profit is 25%, in mass goods, it is already a huge profit.
Based on a barrel of 158.99 liters of refined oil, a barrel earns nearly 8 Hong Kong dollars.
At this time, the demand for oil on Hong Kong Island is indeed not large, but it will not take 10 years, and there will be no problems at all in selling hundreds of millions of Hong Kong dollars a year.
Twenty years later, billions, billions of whatever.
Hong Kong Island is notoriously high oil prices, and the oil prices in the mainland have been scolded for being too expensive all year round, but on Hong Kong Island, the refined oil will be more than double that of the mainland.
A certain oil giant of the Celestial Empire sells two or three billion Hong Kong dollars of refined oil products on Hong Kong Island every year.
Moreover, he can invest several million US dollars, at most one or two million US dollars to set up a crude oil refinery, and the cost of refined oil may be reduced to 0.1 Hong Kong dollars a liter again.
It's just that Chu Xiangqian didn't think about it for a few seconds, and quickly denied his idea of setting up a crude oil refinery.
It's not that he doesn't want to, but he knows that he can't compete with several major oil giants.
Not to mention anything else, the cost of the refinery in Xinjiapo alone can be more than 30% lower than the refinery established by itself.
And once they set up their own refineries, not to mention the technology and future technology upgrades, several major oil giants will definitely treat themselves as competitors to suppress.
It is better to refine it directly into refined oil at the refinery in Xinjiapo and ship it to Hong Kong Island for sale.
And instead of building a crude oil refinery, it is better to build a power plant.
The power plant is on Hong Kong Island, which can be regarded as a business that has no competition and makes steady profits.
Ahmet and Rahman were happy at first when they saw Chu Xiangqian, but they didn't frown again, and finally showed disappointed expressions.
I immediately guessed that this was not a profit from selling oil, after all, Hong Kong Island is a city with a population of 3 million and no industry.
The demand for crude oil is indeed low.
If memory serves, Hong Kong Island consumed only 30,000 barrels of crude oil per day last year, which is about US$87 million, equivalent to HK$350 million in oil.
After deducting costs, the profit may only be 20 to 30 million Hong Kong dollars, which is only a few million dollars when converted into US dollars.
Compared with Chu Qianqian's business of auctioning horses, it is indeed not a good project to compete with English oil companies that have taken root on Hong Kong Island.
"Chu, why don't we sell 5 million barrels of crude oil a year at a price of $1.58 per barrel? As for whether you use it yourself or sell it, we don't care. ”
Chu Xiangqian was stunned, Nima's, after buying more than 40 horses, he felt distressed to pay more than 10 million US dollars.
Want to make some money back on crude oil?
No, Chu Xiangqian quickly realized that this matter was not that simple.
After thinking about it for a while, his heart suddenly moved, maybe this was to prevent him from purchasing oil from the Celestial Empire.
Before the discovery of the Daqing oil field, the Celestial Empire relied entirely on imports of oil, but in the twenty or thirty years after the discovery of this super-large oil field, the Celestial Empire became an exporter of crude oil.
Sometimes for the sake of foreign exchange, even if it is a little loss, the Celestial Empire will sell it.
This makes low-cost oil for desert tycoons no longer the only option in the market.
Chu Xiangqian was born in the mainland and married a daughter-in-law from the mainland, which is no secret in the eyes of some people on Hong Kong Island.
In the past few days, maybe Ahmad and Rahman have already asked someone to inquire about Chu Xiangqian's identity information.
Chu Xiangqian said with a smile, "Aren't you worried that I will sell these 5 million barrels of crude oil to other people if I change hands?" ”
Ahmed shrugged his shoulders and said with a smile, "Trust me, dear Chu, even if you want 10 million or 20 million barrels, we can provide it to you." ”
Rahman on the side also smiled and nodded, and Chu Xiangqian frowned after hearing this, and laughed himself.
Until 73 years ago, the international price of crude oil never exceeded $2 a barrel.
Most of the time, it fluctuates around $1.8, and even rises above $1.8 rarely.
Low oil prices are one of the reasons for the rapid economic take-off of magnesium countries in the 6 and 7 decades, once it exceeds 1.8 US dollars a barrel, magnesium countries will definitely intervene to suppress oil prices.
As for the oil crisis, it was caused by the astringent.
When oil prices are low all year round, it is not the countries that beg the desert tyrants, but the desert tyrants, in order to sell more crude oil every year, in turn need to find more partners to buy their crude oil.
After all, there are many countries that can produce oil in desert areas.
(End of chapter)