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Chapter 216 Prosperity and hidden dangers

Chapter 216 Prosperity and Hidden Dangers

Hongsawady.

Yangon, commodity trading center.

Ahasi, the president of Persian International Trading Company, completed another purchase of 60,000 tons of palm oil.

He walked out of the office provided by the Trade Center.

Then I saw Lai Shengli, the business manager of COFCO Group in Hongsawady next door, also walking out of the office.

"Hello, Manager Lai." Ahasi greeted in English with a smile.

Lai Shengli also had a smile on his face: "President Ahasi, do you want to have dinner together?"

"Oh? No problem."

The two parties left the trade center building together.

The Yangon Commodity Trade Center is a special institution established by the Hongsawady government, but this institution has been contracted to the Qingye Group.

The international bulk commodity import and export trade in Hongsawady needs to be carried out at the Yangon Commodity Trading Center.

Here we set up a price rolling hall for domestic and foreign commodities (including a consultation front desk), a membership application and review office, an import procedure office, an export procedure office, a data management office, a member-only office, a member-only trading room, and a business negotiation room (exclusive and

public two).

Hundreds of large companies, including COFCO, Samsung Group, Mitsubishi Corporation, Temasek Investment, Charoen Pokphand Corporation, Hong Leong Group, Coca-Cola, Unilever, ABCD, Roche Pharmaceuticals, Tata Group, Aramco, etc., have set up offices here.

office or branch.

Naturally, they set up offices or branches in Yangon for profit.

Walking out of the members-only office area, you arrive at the trading floor.

The LID display screen composed of commodity sections is hung on a bracket above the hall, and the real-time prices of global commodities are scrolled in different directions.

Thousands of sets of seats are set up in the lobby for temporary use by customers in need.

Lai Shengli glanced at the price scrolling information of the grain sector.

It was found that the trading price of soybeans remained at a high level with no sign of falling, but the price of rice was only 3,300 to 3,500 gold yuan per ton at this time.

"Manager Lai, you have imported a lot of grain this year!"

"There are so many people, there is nothing we can do." Lai Shengli replied with a smile. The import volume cannot be concealed at all. Even if COFCO does not disclose it, Hongsawady will disclose some transaction data.

Ahasi also showed a helpless expression: "We are the same in our country. We can only reserve more. Fortunately, Hongsawady agreed to use natural gas and oil for settlement."

"I don't know if Hongsawadi can withstand the pressure." Lai Shengli sighed worriedly.

Ahasi knows this very well. Even though trade between Hongsawady and other countries is booming now, the gold standard currency, the gold dollar, itself is a provocation to the hegemony of the United States.

If America hadn't been overwhelmed by other things now, Hongsawady would have been besieged by America and a group of younger brothers.

Not even Persia is so brave.

Before, many people thought that Hongsawady’s gold-standard currency would most likely be a small thing in their own country.

The current situation has surprised many forces.

With the increasing number of powerful products in Hongsawady and the gradual increase in gold reserves, the current scale of gold coins issued in Hongsawady has officially exceeded 500 billion.

Among them, Luzon reserves approximately 73 billion gold dollars, Bank of China reserves 27.3 billion gold dollars, and Siam also reserves 13.3 billion gold dollars.

If this momentum continues, the gold dollar in Hongsawady has begun to threaten the hegemony of the American sword.

This is why Lai Shengli is worried.

Once America frees up its hands, it will definitely suppress Hongsawady with all its strength, and will not even rule out the possibility of using force.

Nowadays, a lot of grain, soybean meal, and corn kernels from Hongsawady are exported to China, which greatly fills ABCD’s soybean supply gap.

A large number of light industrial products, machinery and equipment produced by Chinese enterprises are exported to Hongsawady. The total trade volume between the two sides in the first eight months of this year has reached a total of 173.6 billion gold yuan.

Although Chinese companies did not obtain much trade balance due to Hongsawady's trade balancing strategy, at least both parties exchanged the materials they wanted.

Half a month ago, Lai Shengli also signed a soybean purchase contract for next year on behalf of COFCO and the three major Hongsawady groups.

Purchased 15 million tons of genetically modified soybeans from three major Hongsawady groups at a price of 6,250 gold yuan per ton, equivalent to 4,500 Chinese yuan per ton.

As for whether the three major groups can supply such a huge amount of soybeans and how to expand production capacity, there is actually no problem at all.

After the integration and development of three major groups, Hongsawady currently has 20.34 million hectares of cultivated land, equivalent to about 300 million acres. In addition, there are 10 million hectares of wasteland, sparse forest land, and hillside land that can be developed.

Most of these 300 million acres of cultivated land are planted once a year.

With the improvement of various water conservancy facilities and infrastructure, as well as the localization of pesticides and fertilizers, it will be possible to achieve two or even three seasons a year in the future.

In other words, if the total cultivated land potential of Hongshawadi is based on the yield per mu of the North China Plain as a reference value, under extreme development conditions, it is approximately equivalent to about 1.35 billion acres.

Next year, the three major groups plan to fully integrate the current 40 million acres of corn land and 20 million acres of soybean land using the method of one corn crop and one soybean crop.

Including the Qingye Group's genetically modified soybeans, the current yield can reach about 360 kilograms per mu. Sowing soybeans on 60 million acres of cultivated land in one season can produce about 21 million tons of soybeans.

Except for the five to six million tons of soybeans used by the three major groups themselves, the rest can be exported to COFCO.

Of course, this is without natural disasters, and the two parties have also agreed on production reductions due to extreme weather in the contract.

Fortunately, there are relatively few extreme weather events in Hongsawady, and typhoons rarely visit Hongsawady. As long as we deal with the drought problem in the dry season, there will basically be no major problems.

Therefore, Lai Shengli is now worried about America.

There are no natural disasters in Hongsawady, but there may not be no man-made disasters.

And the force most likely to cause trouble is none other than America.

ABCD had suffered heavy losses in soybeans and rice before, and originally planned to take advantage of the sharp rise in international grain prices to make a comeback.

Now he's cheating.

The long-term soybean contract signed with Luzon previously forced them to supply Luzon with five to six million tons of soybeans at low prices every year.

After the soybean producing areas in North America were affected by mildew, the soybean producing areas in South America were also affected. Both soybean producing areas are controlled by ABCD, and the overall soybean production this year has been reduced by more than 60 to 70%.

Many farms had to switch to growing corn, peanuts, and wheat.

Soybean production has been reduced on a large scale, and prices have also gone up.

But ABCD is not happy because Luzon's long-term contract requires them to supply 5 million to 6 million tons of soybeans to Luzon every year at a price of US$425 per ton (equivalent to 3,800 gold dollars).

On the other hand, soybeans and other grains from Honsawady, as well as rice from Siam, have also greatly filled the capacity gap of ABCD.

The current situation is that global food is operating at a high level, but ABCD has only received a small part of the benefits.

Obviously, the existence of Hongsawady and Siam has affected ABCD's rapid health recovery.

Based on Shengli's understanding of the pirates, ABCD will definitely not give up, nor will it seek problems from itself. Instead, it will find ways to disrupt Hongsawady and Siam, or other important food exporting countries.

As long as there is a problem with these two important food exporting countries, the global food supply will surge again, and then ABCD will be able to recover hard.

It is precisely because of seeing this potential crisis that COFCO has to speed up its grain procurement across Southeast Asia and increase its own reserve limit to cope with future emergencies.

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(End of chapter)


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