Chapter 661 Simple

The end of September is quietly approaching, heralding that the Rabbit is about to usher in its grand National Day celebration, a time of national celebration, full of joy and glory.

Recently, stores across the country have launched a grand promotional campaign. Supermarkets, as the backbone of the retail industry, are naturally an indispensable part of this consumer feast. They have launched various sales activities in succession to attract the attention and enthusiastic participation of consumers.

In the heart of the bustling city, the capital's Wangfujing stands tall with its unique charm. Although it has not yet been transformed into the nationally renowned model pedestrian street, it has quietly blossomed with the same bustling crowds and prosperous scene.

Here, every street corner is engraved with traces of history, and every hawking echoes the changing times. Even in the prelude to transformation, Wangfujing still attracts visitors from all directions with its unique charm.

The capital's first trend-setting ParknShop supermarket had a keen eye for location selection and accurately locked onto this prime location.

It not only gathers the pulse and vitality of the city, but also becomes an indispensable one-stop shopping paradise in the daily life of residents.

The entry of ParknShop supermarket has not only added infinite convenience to the surrounding communities, but also won the favor and trust of consumers with its excellent product quality, rich variety of choices and warm and comfortable shopping environment, becoming a shining pearl in the capital's commercial landscape.

"It's so cheap, this 28.9-jin barrel of soybean oil is only yuan?
This Golden Arowana brand is a big international brand, right? I remember it used to cost at least NT$34."

People say that prices were cheaper in the past, but that depends on what it is.

Needless to say, before the 1990s, commonly used items were not expensive.

But after the 1990s, especially when it came to price breakthroughs, things were no longer like this.

How much will a 2020-kg barrel of soybean oil cost after 60? About yuan?
Now? Even if you go to the grain and oil station to buy soybean oil, it costs 2.5 yuan per pound, which is really not cheap.

If we compare it with the salary, it is no exaggeration to say that it is a sky-high price.

It’s not that people of this generation are willing to eat it, and they still buy cooking oil even though it’s expensive.

Why? Because there is no pressure to buy a house or a car in this era.

Under the public housing system, since houses are publicly owned, employees generally lack the initiative to buy houses on their own, and this concept does not occupy a prominent position in their thinking patterns.

They are accustomed to enjoying the housing benefits provided by their companies. Therefore, in the minds of most employees, directly purchasing a house is not a primary or urgent consideration.

Another problem is that commercial housing is scarce. People buy houses just for the lights and telephones upstairs and downstairs. Who would buy a house in a slum?

Car? Why compete when everyone rides a bicycle? What's the point of buying a car? Besides, you can't drive it.

So if you have money, you should spend it, and the internal circulation of the economy will be booming.

Just like now, the price of King Dragon Fish soybean oil has dropped. It is only less than 40 cents more expensive per pound than bulk soybean oil, and the cost-effectiveness has increased suddenly.

“I heard that their soybean oil is scientifically squeezed and blended, so it is more nutritious and tastier.

This barrel of oil can be used for one or two months, and 40 cents is not expensive. Buy a barrel and try it."

Scientific preparation? No matter how scientific it is, its existence itself is harmful.

Blended oil is not one type of oil, but is blended from several types of oil in proportion, that’s why it is called blended oil.

However, the basis of blended oil is soybean oil and corn oil because these two oils are the cheapest. In addition to these two oils, rapeseed oil and peanut oil are also added to enhance the flavor.

Do you know how soybean oil and corn oil are extracted?

Take soybean oil for example. There are two ways to extract soybean oil. One is the manual extraction, which is like peanut oil, relying on accumulation. The other is chemical extraction. This method of extraction is cheaper, so the branded barreled oil we usually consume is extracted using this method.

The oil extraction process first uses No. 6 light gasoline as a chemical solvent to fully soak the raw material soybeans for the oil, and then uses chemical reactions to extract the oil from the soybeans.

Because No. 6 light gasoline is volatile, soybean oil can be extracted after being exposed to high temperature.

However, such oil contains many harmful substances and requires secondary treatment and degumming, dehydration, deodorization, dewaxing and decolorization to produce edible oil.

Therefore, the soybean oil produced by these methods will more or less contain some chemical components, such as No. 6 light gasoline, which is a low-toxic substance. It will not cause any harm to the body if ingested, but it will remain in the body and cannot be completely excreted. Long-term consumption will cause damage to the human nerves.

But so what? Most of the edible oil consumed around the world is chemically pressed, and cost is the key.

Only low prices can make it more popular with consumers, just like now.

"One bucket? How can I only buy one bucket with such a good opportunity?

Sister Chen, don’t miss this opportunity, you’ll make a profit if you buy it. This stuff won’t go bad in a short time, buy two or three barrels first and store them.”

As they were talking, Zhang's daughter-in-law, who came with them, loaded three buckets into the shopping cart, as if she had gotten a huge bargain.

"Can you finish all this?"

"Eat it slowly. If it doesn't work, I can send some to my mother-in-law's house.

Besides, it’s almost the end of the year, so who wouldn’t have a few relatives coming over?

Look at this big barrel, it looks classy and can be used to show off in front of relatives."

"That's true."

Sister Chen felt that what Zhang's daughter-in-law said made sense. When the carefully designed packaging was placed in the kitchen, anyone who stepped into the kitchen to help would inevitably look at it sideways, as its exquisiteness was hard to ignore.

People nowadays are very down-to-earth. They even compete with each other. Whoever has better food and drink can satisfy their vanity.

"Then I'll get another bucket. I'll need it sooner or later anyway."

During the National Day Golden Week in the capital, a rush to buy grain and oil quietly emerged, and this craze reached an unprecedented level of fanaticism in the southeastern coastal areas, presenting an even more intense buying scene.

People flocked to supermarkets and grain and oil stores, and cooking oil, a daily necessity, quickly became a hot commodity, with waves of panic buying coming one after another.

There are more private grain and oil stations in these areas, and since they received so much soybeans a while ago, the price has also come down.

At present, for some small private brands, the price of soybean oil has dropped to a low of 2.6 yuan per catty.

This price is almost the same as the bulk oil from state-owned oil mills, which are subsidized. Such a price trend has undoubtedly injected new vitality into the market and allowed consumers to have more diversified considerations when choosing edible oil.

The key is that the oil is packaged well, unlike the supply and marketing cooperatives where you have to get the barrels yourself. For a time, the sales of barreled oil were hot, which was the opposite of the planned edible oil.

This is why Luo Nianzhong sold soybeans at such a low price at that time. The four major grain traders were bound to compromise and would definitely ask for raising the price of soybeans.

How can we stimulate the demand for soybeans and make soybean prices rise when the soybean market is saturated? That is to increase demand and purchases.

Therefore, both Watsons Group's Wilmar International and Wilmar International's soybean oil brands are carrying out various promotions, which can increase the demand for soybeans while also seizing the market.

After all, the soybean oil products of these small private enterprises are cheap and are definitely one of the mainstream products in the current market, so they must be included in this promotion.

Another point is production capacity. The Far East has limited production capacity and it is impossible to increase the demand for soybeans much.

In order to ensure that soybean oil products could follow market trends and achieve price reductions, Luo Nianzhong had people directly include price reduction clauses in the contract as a safeguard to ensure that the prices of all soybean oil products could be reduced in a timely and effective manner.

Rabbit is having its promotion because of the National Day, but other countries are also not idle. Those that have holidays are promoting sales, and those that don’t have holidays are finding excuses to promote sales.

In short, if you need it, buy it. If you don't have demand, we will create demand and make you buy it. Anshan Iron and Steel Hot Rolling Mill is a renovated old mill jointly established by Anshan Iron and Steel and Posco Iron and Steel.

Since the Luo family promoted the shareholding reform of Anshan Iron and Steel, this largest enterprise in the country in the 80s has regained its vitality.

Because the Luo family was the one that provided the technology and funds, and the state was still the largest shareholder after the share reform, the higher-ups attached great importance to this matter and were very proactive.

Not to mention anything else, in order to solve Anshan Iron and Steel's triangular debt problem, a large amount of funds was specially approved to completely sort out Anshan Iron and Steel's chaotic accounts. It took more than three months to resolve it.

The country paid a large amount of unplanned funds, but it was not without benefits. At least it accumulated a lot of experience in solving the problem of triangular debts.

Anshan Iron and Steel Group has now bought out the years of service of retired employees and dismissed a number of redundant officials and those who were just doing the work to get by. It can be said that it is developing with a light load and is quickly getting on track.

The National Day holiday is just two days away, so the workers in the factory are naturally worried.

It’s not that I’m planning on traveling anywhere, but I’m just waiting for the National Day benefits to be distributed.

Life has gotten better, but we can't afford to eat delicious food every day. Traditional holidays like these are the time for workers to improve their lives every year.

In this era, there are two standards for evaluating the quality of a factory. One is whether wages are paid regularly, and the other is whether there are benefits during festivals.

As a joint venture factory, Anshan Iron and Steel Hot Rolling Mill has been in a period of growth in the past two years, so there is naturally no need to worry about whether there will be any benefits.

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But there are good and bad benefits, right? Who doesn’t want the good days at home to last longer?

During the lunch break at noon, the company cafeteria was bustling with noises and all kinds of people were talking about the mountains while eating.

"You said the day after tomorrow is the National Day, why haven't the benefits been decided yet?"

“Who says it’s not true? I remember last year during the National Day holiday, there were still five days left before the goods were distributed.

Let alone the National Day, in the past few years, the benefits before the festival have been distributed several days in advance, so much so that now when I go home, my wife won’t even look at me in a good face.”

"Why? Just because the benefits were paid two days late?"

"Bullshit." The man looked indignant, his face flushed with anger.

"My husband suspects that I have someone else outside and says that I gave all the benefits from the company to that vixen outside. Isn't that infuriating?"

"Hahaha, I know about Lao Wang's affairs. The whole corridor could hear his wife scolding him. Everyone in the corridor knew about it. The scene was extremely lively."

"You're just going to let her scold you like that? How embarrassing." The man who had just said that was a little puzzled.

"Old Li, you're from Guizhou and you don't know, but men from Northeast China never argue with women at home."

"If you're afraid of your wife, then you're afraid of your wife. Why are you saying it so confidently?"

"What do you mean by afraid?" Lao Wang just refused and said, "This is just because I won't argue with her at home. If she dares to argue with me like this outside, I will beat her with my big shoes."

"Okay, okay, you can say whatever you want.

But having said that, it is a bit strange that the National Day benefit has not been distributed this year."

"Just wait and see. Our factory is so busy this year. We may not be able to handle the finance and procurement work."

At this time, the young man who had been listening without interrupting spoke up.

"Masters, do you think this year will be like last year, with a barrel of oil, a bag of rice, a bag of noodles, and ten kilograms of pork?"

"Who knows, but I heard that our factory's performance this year is better than last year, so there should be no problem."

"That's great."

Seeing Xiao Li happy, Lao Wang joked, "I think it's too good to go to your mother-in-law's house?"

Everyone knows that Xiao Li just got married and is waiting for the benefits to be distributed immediately to visit his mother-in-law.

A few people were chatting when Old Cheng, who had been sitting at the same table with them but was delayed today due to something, came over.

"Old Cheng, go get some food quickly. Why are you here empty-handed?"

"Benefits have been paid out," said Old Cheng breathlessly.

"Ah?" Everyone was delighted.

"Hurry up and sit down, and tell me what's going on."

"A bag of flour, a bag of rice and oil."

The crowd who were waiting for Lao Cheng to continue speaking asked, "That's all?" after seeing that he didn't speak.

"Gone".

"No meat? This is worse than last year."

"Hmm~" Lao Cheng shook his head, "It's much better than last year."

"What do you mean?"

"Do you know how many barrels of oil were distributed?" Old Cheng smiled mysteriously.

"Isn't it the same bucket as last year?"

"It's a box, four full barrels of soybean oil."

"Ten kilograms?"

"Ten kilograms."

"Oh" now everyone's faces were happy again.

It doesn’t matter if there is no pork, we have oil.

It doesn’t matter if there is no fish, we have oil.

These days, cooking oil is the most expensive agricultural and sideline product. Want to eat meat? A ten-pound barrel of soybean oil can be exchanged for 25 pounds of fatty pork.

Four barrels of soybean oil, that means you can exchange for whatever you want to eat.

State-owned enterprise welfare, yes, this is what Luo Nianzhong is eyeing.

The increase in demand for soybeans is not simple. During the three major holidays of National Day, New Year's Day and Spring Festival, how much soybean oil can be distributed and how much soybeans are needed.

So Luo Nianzhong told Rodrigo that the price increase of soybeans was never a problem in his opinion, so he could just rest assured.

(End of this chapter)

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