C227 (1/2)
It turns out that this kind of entrepot trade is very popular in coastal port cities. Liu Youcheng is only affiliated with an import and export company. He orders plastic raw materials from abroad, imports them into China, and sells them to downstream processing plants to earn the price difference.
Because it takes several months or even half a year to import a batch of raw materials, Liu Youcheng has to place an order abroad in advance. There are several months of price fluctuation range. Once the price of raw materials fluctuates, he has to bear the corresponding risks.
If the price goes up during this period, he will make a lot of money. If the price goes down all the way, he will have to lose money. Therefore, most of the time, he has to make hedging investment in the futures market and lock in his income by investing in futures. But there are also huge risks. Once the operation is not careful, you have to pay all your wealth, or even a huge debt.
It seems that Liu Youcheng is not successful. At the classmate's meeting, they are all unwelcome people.
”Mr. Liu, looking at the overall downturn trend of this round of commodities, when will it improve?” Chen shisan finally asked him. In fact, he has recently studied the futures market and is going to make some investment in it. After all, the amount of funds is getting larger and larger, and it is more and more difficult to invest all of them in the stock market. We can disperse some of them to the futures market without losing a good portfolio.
”Alas! I don't think there will be any improvement in one or two years, especially for crude oil and downstream related products. One of the things I'm good at is plastic. Recently, I'm ready to bid farewell to the plastic market and deal in other commodity futures. ” Liu Youcheng shook his head and sighed, obviously not optimistic about today's plastic market.
”Which futures are suitable for investment?” Chen shisan asked again.
”In the near future, the first choice is definitely steel, as well as upstream iron ore and coke. After the collapse of prices in the past two years, many steel plants have closed down, and the turning point of the industry is coming. And the most important thing is that the funds in the market have been distributed on ferrous metals. You can see that Yang Fan over there is the main force of the futures market. Although there is no public confirmation, everyone in the industry knows that Yang Fan's Heishan international has close ties with Dingtian group and has been advancing and retreating together in the futures market. Many classic investment cases are related to them. ” When Liu Youcheng mentioned his major, the more he said, the more energetic he was.
Chen shisan also casually looks over there. He just sees Yang Fan toasting Jiang Guifang. A group of male and female students are making a fuss. Jiang Guifang has a pretty red face. Obviously, he has drunk a lot, but he can't resist the crowd's persuasion and raises his glass again.
”Why didn't Mr. Chen help Jiang Guifang block a few cups? She's almost overwhelmed.” Liu Youcheng also saw this scene and asked
”There's no need. When she's drunk, just carry it back. We're still talking about ferrous metals. Are you talking about Dingtian group, Li Tianyi's company? ” Chen shisan is obviously more interested in the latter.
”Mr. Chen knows Mr. Li. To tell you the truth, I used to be affiliated to the import and export company of Dingtian group. It was a big company, but their fees were too expensive and mean. Later I switched to another company.” Liu Youcheng said.
Chen shisan Wei nodded and said, ”it's not a lot of deep friendship. We had a meal together.”
”Wow, I admire you more and more. It's no wonder you don't like Yang Fan. No matter how strong he is, he's just a worker. If Mr. Chen has any good way to make a fortune, he should give some help to his brother. ” Liu Youcheng repeatedly praised.