"Old Pi, you are overthinking. Those officials from the Planning Commission are not that smart.+ Even if they have such a calculation, they will not do it like this. Can they just watch the price of steel rise like this?" Sun
Zhenjiang said with some disapproval.
"What if they did this deliberately just to lure us into being fooled?" Pittston asked. He had the same optimistic attitude as Sun Zhenjiang before, but now he suddenly thought of the possibility of being fooled, and his thoughts were completely different. Many things are
In this way, when you don't expect a certain possibility, you will be optimistic. But once someone reveals the key, all optimism will collapse in an instant, and all doubts that were not noticed before will emerge.
"Sun, think about it, the Planning Commission has been putting steel on the market, but the quantity they put in each time is not enough, just enough for us to eat them all. If they put 2 million or even 5 million tons at one time, we would
It would be impossible to be so bold in digesting these supplies. In the past, we thought this was because the Planning Commission did not have enough reserves to do this. But now it seems that they have always had tens of millions of tons.
Reserves, but only throw out hundreds of thousands of tons each time, this is clearly not intended to truly control the market, but deliberately to give us illusions." Pittston analyzed conclusively.
"You mean, the old man Wang Hongsheng's purpose is to make us eat what he throws out? But, what is his purpose in doing this?" Sun Zhenjiang is still a little confused about what grudge he has against Old Man Wang.
Damn, Old Man Wang has no reason to cheat him like this.
Pittston shrugged his shoulders and was too lazy to explain the reason. As a foreigner, his perspective on the problem was very different from that of Sun Zhenjiang. Sun Zhenjiang felt that it was impossible for the government to deliberately set up a trap to defraud a company, but Pittston
Ciden felt that intrigues in the market were normal. If he could scheme against the other party, why wouldn't the other party scheme against him in turn?
"No matter what his purpose is, the reality is this. We originally thought that the Planning Commission only had 10 million tons of steel, but in fact they had at least 20 million tons. This number far exceeded our expectations. It is even more terrifying.
What's more, I even suspect that they have more than 20 million tons of steel in their hands. They are preparing to throw it out when we are unable to eat it and give us a fatal blow," Pittston said.
"20 million tons?" Sun Zhenjiang was finally willing to calm down and think about it, because the possibility described by Pittston was really too dark.
In order to carry out this steel speculation, Sun Zhenjiang spent a lot of money. He bribed several officials within the Planning Commission and asked them to disclose the internal information of the Planning Commission to him. To be on the safe side, he was naive to these officials.
Contact each other, these people do not know that the others are also Sun Zhenjiang's insiders, so there is no possibility of deceiving Sun Zhenjiang with the same caliber.
From these officials, Sun Zhenjiang learned all the action plans of the Planning Commission regarding the reform of the steel supply and marketing system. He also learned that the Planning Commission had prepared a reserve of 10 million tons of steel to prevent excessive price increases. Because this number was of great importance, Sun Zhenjiang
He repeatedly verified it many times, and also had people visit several large steel plants to confirm that there was no problem with the figures. It was precisely because he had such core information that he had such confidence to take action.
When the Planning Commission used reserves one after another to stabilize prices, Sun Zhenjiang felt that he was confident and was not worried. He first asked Liang Zhaohui, Ling Yiping and others to eat the steel. When the funds of these little brothers were almost exhausted,
He just started to use his own funds and the funds imported into China from the Meson Fund through underground channels to continue to stockpile goods. He was waiting for the steel reserves of the Planning Commission to be used up so that he could make trouble.
He was slightly surprised when the amount of steel thrown out by the Planning Commission exceeded the originally expected range of 10 million tons, but then he got news from the Planning Commission that the steel was raised for a certain reason and was the result of the Planning Commission.
The last hope. Seeing the rising steel prices on the market. Coupled with the rumors that the central leaders were extremely dissatisfied with the work of the Planning Commission, Sun Zhenjiang believed that the Planning Commission was indeed at the end of its rope and had finally collected hundreds of thousands of tons.
Steel, for such a large market, is just a drop in the bucket and cannot solve any problems.
Sun Zhenjiang did not notice that when he explained the Planning Commission's rescue actions with an optimistic attitude, the Planning Commission had already invested more than 20 million tons of steel, which was fully double the number he originally knew. By using
Strategic reserves or overtime production may increase the supply by hundreds of thousands or 1.8 million tons, but it is absolutely impossible to say that a full increase of 10 million tons has been achieved.
However, this absolutely impossible thing actually happened. Isn’t it weird? Since the figures compiled by Pittston are correct, there is only one explanation, that is, the Planning Commission concealed it from the beginning.
His own strength. And what is the purpose of concealing his strength? Can Sun Zhenjiang not think of it?
"Lao Pi, tell me, did the Planning Commission get support from somewhere?" Sun Zhenjiang asked.
"Who can provide support to the China Planning Commission? Unless..." Pittston was suddenly stunned when he said this. He thought of a possibility: import!
When it comes to speculating on steel in China, Pittston certainly cannot fail to think that the Chinese government will make up for the gap between supply and demand by importing steel. Meson Fund has predicted this, believing that the Chinese government is extremely short of foreign exchange, and even if it wants to import steel, the quantity will be very large.
A limited amount is not enough to influence the entire market. During this period of time, Pittston was operating in China, and Meson Fund was also idle abroad. Monitoring the Chinese government's purchasing behavior abroad was one of their important tasks.
Feedback from abroad showed that the Chinese government had not increased the scale of steel imports, which made Pittston relax his vigilance.
But when the Chinese Planning Commission continued to produce steel products, Pittston suddenly realized that the Meson Fund's monitoring of the Chinese government's overseas procurement behavior was probably flawed, because only the international market could provide China with steel products.
With such a large-scale steel supply, it is impossible for China's domestic steel companies to add so much production capacity out of thin air.
Thinking of this, Pittston picked up the phone and dialed the Meson Fund's headquarters in the United States directly, raising his suspicions to the staff there.
"Pittston, you should trust our work." Kupp, the technician responsible for collecting international market intelligence, muttered dissatisfiedly on the phone. "We monitor the actions of several major Chinese import and export companies in the international market. They
The volume of imported steel is not higher than it has been in the past."
"Koop, are you just monitoring the business of those import and export companies? Have you paid attention to the import behavior of other Chinese institutions?" Pittston asked.
Kupp said: "Don't be stupid, Pittston, the Chinese government's bulk commodity procurement has a division of labor. Except for these companies, other companies are not responsible for steel imports. As for those enterprise-level sporadic purchases, you won't
Do you think it will have any impact on macro data?”
Pittston said: "You are talking about the division of labor under normal circumstances, but the current situation is not normal. I very much suspect that the China Planning Commission has used a cover-up method. They have kept several large trading companies calm, and at the same time, they have relied on some unscrupulous people.
Small, humble companies come to import steel. Haven’t you investigated the major steel markets around the world? Haven’t you asked various large steel companies? By the way, you’d better go to the shipping market to find out whether there have been any shipments to China recently.
For steel ships, the transportation of tens of millions of tons of steel is no small matter, and it would take hundreds of trips with an ordinary 30,000-ton bulk carrier."
"Okay, if you really need data in this area..." Kupp seemed to have no choice but to compromise. In his heart, he realized that he might have indeed made an empirical error. But can you blame him for this?
There are so many clues about the steel market, steel plants, and shipping companies, how could they keep an eye on them every day?
It has to be said that as a multinational speculator, China Media Group has very dense tentacles. In less than an hour, Kupp's call came to China. The information he provided to Pittston made Pittston and Sun Zhenjiang suddenly
That's stupid.
"We have found out that a Chinese company called Daqin Group purchased 12 million tons of steel from the Japanese and European markets in the past two months," Kupp said.
"What, 12 million tons of steel! **, how could you know nothing about such a large-scale transaction!" Pittston only hated that the phone line was not thick enough, otherwise he would have gotten in and rushed to the United States to strangle Coop.
died.
"Sorry, Pittston." Kupp's voice was a little timid, "The transactions they conducted were very hidden. In Japan, they purchased steel from several companies such as Nippon Steel through Spring Mountain Company as an intermediary, and they also specifically warned
Nippon Steel was asked not to disclose the circumstances of this transaction. In Europe, they contacted the steel tycoon Leonardo. It is not known what kind of internal agreement they reached. Leonardo actually agreed to apply for 2 billion on his behalf.
USD seller credit for their steel imports from the European market."
"Da Qin Group..." Sun Zhenjiang stood next to Pittston, muttering the name, his face turned a little pale, "I heard someone from the Planning Commission mentioned that this is Old Man Wang's secret weapon. Old Man Wang has a lot of confidence in this company.
The company has high hopes. I asked people to investigate and found that they do have three steel plants, but the annual production capacity is only more than 10 million tons, so I did not take it to heart. Now it seems that I was wrong. Mr. Wang was taking advantage of
This company is acting as a cover to import steel."
"This means that the Planning Commission was aware of the mole from the beginning and deliberately released false information through the mole. Its purpose was only to deceive us!" Pittston put down the phone and said in a cold voice.
(To be continued, please search Piaotian Literature, the novel will be better and updated faster!