super energy power

Following the order of the team leader, the operator concentrates on pulling down the gate, pressing the button, locking the instrument, and recording information.

Behind each group of people, there was an engineer from the Casali company staring at them, writing something down in the notebook from time to time.Several operators sweated nervously, and kept wiping their work clothes, but their expressions became more focused.

The state-owned enterprise officials of the petrochemical system looked focused.Those who have never eaten pork have always seen pigs running. The 12-ton methanol project is a bit larger than domestic equipment, and the basic operations are similar.On the one hand, everyone is looking at the simulation system, and on the other hand, they are also looking at whether the level of Dahua Petrochemical is enough to start production.Laymen always think that workers do manual labor, but they don't know that there is a big difference between skilled workers, skilled workers and raw workers.Speaking of it, Lu Ban can be regarded as an octo-polar mechanic. Whether his apprentice can reach this level is still a matter of debate.

A company like Shanghai Petrochemical is only thinking about selling some domestic catalysts to Dahua, so it has to estimate Dahua's consumption.When negotiating with a big client, it is very important whether you are attentive or not.

Both Director Mao and Ding Zhipeng are not technically savvy, they only see the busy workers below and don't know what's going on.Director Mao seemed not to understand for a while, turned his head to Sioux City, and asked casually, "Has Dahua participated in international oil futures trading?"

The domestic futures trading center was established in the 90s, but the attention to oil futures began as early as the early stage of reform and opening up.Since Iraq invaded Kuwait in August, the international oil price has been soaring. By November, the price difference has doubled, involving hundreds of billions of funds, which has attracted the attention of countless people. Director Mao seems to be concerned too. a member.

Su Cheng's mind turned quickly, and he said: "At the end of August, I used 8 million US dollars to enter the market and tried it. I made some money and came out soon. Dahua has a small capital and thin profits, and has not participated in oil futures trading."

At this time, the Taiwanese businessmen who came with Wang Sheng were full of regrets.Said: "Su Dong is really a cautious person. The general trend of the crude oil market is rising. If you invest the money you earn, it may become hundreds of millions of dollars now. Isn't this free money?"

Su Cheng smiled, and asked back, "Really?"

The Taiwanese businessman is also a businessman in the oil industry, slightly fat, loosely dressed, and smiling.Shaking his head like a staff member.Commented: "Iraq invaded Kuwait, Kuwait's quota of several million barrels per day was over, and the international blockade of Iraq. Their oil could not be shipped. With the two together, the loss of 600 million barrels of crude oil is not a problem. The Iran-Iraq War But after fighting for 8 years, who knows how long it will take this time. I said it in hindsight. I bought crude oil futures in August and made more than four or five times the profit.

Futures are leveraged. In short, they can easily borrow money from banks to speculate in futures.Therefore, if the market price has doubled, it is not uncommon to obtain 10 times or even times the profit.

Su Cheng thought to himself, this fellow is really an afterthought.

The Taiwanese businessman didn't take it seriously when he saw him.With a displeased face, he said, "I don't have the qualifications of Mr. Su, otherwise, I will definitely enter the market and make a fortune. You own an oil field. At that time, not only can you make a fortune in futures, but you can also make a fortune in the oil field." .”

Su Cheng couldn't help laughing, and said: "It's because I own oil fields. So it's easy to buy short, but it's difficult to do it. Enough is enough. If you are a risk in futures, I have oil fields, but a double risk."

"Su Dong thinks that oil prices will fall?" As oil prices fall, the futures will lose money, and the oil field's income will also decrease.So there are two risks.

Su Cheng didn't make any comments, and said with a smile: "No matter the ups or downs, I'm not going to enter the market anymore."

In his impression, the early days of Iraq's invasion of Kuwait, that is, early August, was the craziest time for oil futures to rise. He also entered the market at this time and participated in just two weeks. Exited at a profit and made about 8 million with 35 million.

Not investing more is to control risks.The more he understands the futures market, the more Sioux City understands the risks of futures.Maybe many people think that knowing the general trend of the market can make a steady profit without losing money. This can only be used to buy stock index futures, not even buying individual stocks-God knows if the stock index will rise sharply but a company scandal will appear.What makes futures even more dangerous is that they are highly volatile, exacerbated by bank leverage.

Sioux City invested 1000 million US dollars, and through more than 10 times the bank leverage, the actual operation was more than 1 million US dollars, and the crude oil price rose by about 70%, and he earned 8000 million.If he invests 1 million US dollars, he has a chance to earn 8 million US dollars. However, if the crude oil price drops by 10% for a short period of time, Sioux City must immediately cover his position by 1 million US dollars. After that, even if crude oil prices continue to rise, it has nothing to do with him.

Even in August, when crude oil soared, there was more than one short-term decline of 8% or even 10%.Iraq’s invasion of Kuwait was an extremely fast process, and the price of oil also rose from US dollars to (US dollars. At this time, many investors will think, Iraq has occupied Kuwait? Yes, (The US dollar should be enough. As long as this kind of thinking Once it spreads, the price will drop to $25. At this time, Sioux City will have to fill up the same amount of funds, $1000 million, or $1 million.

There is no doubt that if you don't understand the market and choose to operate with full positions, even if you know the general trend, Su Cheng will explode and die due to short-term fluctuations.

In the process of rising oil prices from the US dollar to 35 US dollars, and finally to more than 40 US dollars, the price of oil fell back to below 30 US dollars, which happened frequently.Not to mention operating with a full position, even if Sioux City enters the market with 3000 million US dollars, it may be ruined by market fluctuations.

In his view, there are too many opportunities in the financial market, and there is no need to be desperate.

It is difficult for other people to agree with him.The Taiwanese businessman said with emotion: "The United Nations has one resolution after another on Iraq. Now there are 10 instead of 8. It is useless. In my opinion, international sanctions are likely to be the majority. In that case, oil can only continue Rise. If there is a fight, it is estimated that the increase will be faster, unless the Soviet Union enters the war. I guess not.”

Speaking of this, he smiled triumphantly and said: "So, the increase is inevitable, it is a question of how much the increase is less."

From the perspective of the result, later generations can always analyze the previous events clearly and wisely.However, in the midst of history, only a few people can dispel the dense fog.

Yes, on February 2, the Soviet Union did abandon its one-party system, but this does not mean that the Soviet Union's military strength has weakened.In the eyes of ordinary Chinese, the big brother of the Soviet Union is not so daunting, but it is not weak enough to be bullied.They still have the world's largest nuclear weapons and the largest number of conventional weapons... If they support Iraq, even if it is only "lease" weapons, it will also cause the United States to feel extremely headache.Soviet anti-aircraft missiles can definitely knock down American planes.

Not only that, but many Chinese military experts have believed from beginning to end that with the number of Iraqi troops and weapons and equipment, as well as the experience of the 8-year Iran-Iraq War, they are fully capable of withstanding the US ground attack, at best they will suffer some losses.People who hold this kind of thinking, participate in the futures market, lose to the pants, and maybe go long, looking forward to the happiness of turning around with one move.

Thinking normally, the Taiwanese businessman may not have thought of the possibility of falling oil prices. If he analyzes history, his evidence is more sufficient. The Middle East war in the 70s caused a permanent rise in world oil prices.The war that also happened in the Middle East, why can't the price of oil rise permanently again?

In fact, there is only one possible way for oil prices to fall. The war is explained as quickly as possible, and the Middle East returns to the state of affairs before the war.Two conditions are indispensable.

Here, reality has played a joke on history, and both conditions have been fulfilled.Therefore, the rise in oil prices in 1990 was destined to be a pulse rise.At one point, the price rose from US dollars to more than 40 US dollars, and finally fell back to US dollars.In just half a year, nothing seemed to have happened.

Su Cheng recalled the history, looked at the Taiwanese businessman's confident expression, and said with some emotion: "The good time for oil prices to rise has passed, why don't you just sit on the sidelines."

Director Mao noticed it and asked, "Su Dong thinks that oil prices will stop rising?"

Su Cheng said "yes" affirmatively, and added in a flash: "A short-term rise, such as lasting for a day or two, is still possible. It's too difficult to grasp, so it's better not to enter the market."

"What if you've already entered?"

Director Mao said it in public, it is impossible for him to participate in futures trading. State cadres in the 90s had few private assets.Since it is not him, it is an act of the state.Su Cheng thought for a while and said, "If you can't quit, it's better to buy short than to buy long."

The Taiwanese businessman asked in disbelief: "What is the basis for buying short?"

"In short, the situation in the Middle East is chaotic, oil prices rise, the situation stabilizes, and oil prices fall. I prefer the situation to stabilize." Sioux City did not say anything about the United States' quick victory, which was not popular in China in 1990.This hot war is a big baptism for the Chinese military and the world's military. "Unpredictable" is the best description.

Others only think that the stabilization mentioned by Sioux City is a state of stalemate, and this is also the situation after September.Apart from declaring Kuwait as a province, Iraq has no large-scale military operations, and oil prices have slowly dropped.

This fall is quite dangerous for many speculators.Director Mao asked concerned: "If Dahua operates, can it make a profit under this situation?"

Su Cheng hesitated and said: "It's more difficult, and the financial pressure may be great."

"But profitable?"

Su Cheng nodded slightly.

A smile appeared on Director Mao's fair face, he mused and stopped talking.

At this time, there were bursts of cheers from below, some from the workers, and some from the personnel of the state-owned enterprise watching the ceremony.

Buckman shook hands with the Dahua workers with a smile on his face. Su Cheng saw it, apologized quickly, and went down.In his eyes, speculation in financial markets was far less attractive than industrial development.

……