super energy power
Chapter 286
Director Huang's regret was fleeting.
He put his mind to one side, looked at the jumping white line on the screen, closed his eyes and said: "The current oil price is only fluctuating slightly, maybe there is some bad news, but the general direction will not change. With the war Oil prices will go up all the way. Unless Iraq is completely destroyed in war power.”
The second half of his sentence was aimed at the fat expert.
Apart from Zhu Enbo, the only ally he could win was him.Zhu Enbo's status is too low, it's not bad to trick this military expert into opening up.
Decades of official career, how could a school's foolish experts be able to resist.The fat expert was deceived by Director Huang's firm tone and neat movements, and what Director Huang said was exactly what he wanted to say, so, without any twists and turns, the fat expert just laughed. Said: "I agree, Iraq's air force and air defense forces are weaker, but the armored forces are extremely strong, and they haven't been destroyed much. When it comes to ground warfare, these troops will surprise the Americans..."
Su Cheng completely gave up on correcting him, and directed his own traders to go.
Director Huang was still saying that the oil price must rise, and Sioux City just sighed with emotion. It is a common mistake for amateurs to be reluctant to sell it when it rises, and to expect a rebound when it falls. For those who cannot follow the stop loss point to control themselves Said, the best way to deal with such problems is to stay away from the market...
Director Huang is a standard amateur, but he has a degree in economics and is the leader of the bureau. As a result, not only did he stay away from the futures market, but he actually led the operation.
Fortunately, all the long orders of the State Reserve have been thrown away, and the pure talk has no effect on Sioux City.
Director Huang, Zhu Enbo and the cadres involved in this matter, whether good or not, have nothing to do with Sioux City.
Oil prices went down and down, like sliding down a slide.
It was almost lunch time, and the oil price fell below $30 without any pause in the middle, and there was no sign of a checkpoint at all. It just gradually fell down, and then continued to slow down slowly, which is amazing. Not to the end.
Duan Yuanguang calculated secretly, turned his body, and said to Mr. Zhou and Mr. Su: "On the 16th, Dahua earned 2 million US dollars. Just now, when it rose, it made a lot of money. When it fell, shouldn't it also make a lot of money?" Stubble?"
Professor Dai said "yes" in a low voice and said: "When it rose, it was 4000 million barrels of oil, earning more than 45 billion. When it fell, it was more than 4000 million barrels. If the average price is 40 US dollars, it is now 4 million."
"One billion dollars." This time, Mr. Zhou couldn't be calmer.
[China] China's foreign exchange reserves have just exceeded the tens of billions of dollars. In just a few days, a company has made so much money... Everyone is actually a little dazed.
"How to deal with this matter?" Director Mao asked cautiously.
"What are you dealing with?" Elder Zhou glared at him and said, "The country has no losses, and [Chinese] Chinese companies have made money, which is a good thing. But, don't publicize it, look at the State Reserve Center, it almost loses tens of millions The boy Su Cheng is talented in the futures market. However, he is also very dangerous."
Director Mao nodded thoughtfully.For such a high-level order, every word has to be chewed clearly.
Su Zhenguo also said: "This futures market is full of changes and unpredictable. We should learn from it, but the capital of the bet should not be too large."
"After I go back, I will rectify the State Reserve Center." Director Mao's words decided the fate of Director Huang and Zhu Enbo.
Director Mao is the deputy director in charge of the State Reserve Bureau, and Su Zhenguo is the director in charge of the overall situation. The decisions they make together are fatal to the State Reserve Center.Director Huang watched them talking, and his heart was suspended in the air. When he saw Director Mao's smile, his heart immediately fell, like the price of oil, and it fell cleanly into two halves.
Su Cheng stretched his waist, announcing the end of the most intense stage.
The current oil price fluctuates between US$25 and US$30, and has returned to the pre-war level. Soon, with the failure of the air strikes, the oil price will drop to the range of US$25 to US$[-], and then, with the defeat of the Iraqi ground battlefield , Oil prices will fall below the US dollar and eventually stop here.
For Sioux City, he already has 6 million dollars in his pocket, and 1 million dollars left in the futures market as a margin.When the price of oil falls to around the US dollar and sells, he will gain another US$8 million.
If everything goes according to plan and the ground battles in the Gulf War are over, the total cash amount of Dahua Industrial will exceed 15 billion US dollars, and its total assets will exceed 17 billion US dollars.
It can be said that Occidental Petroleum Company, which tried its best to restrain itself, gave up the great profit prospect, and it all made Sioux City cheaper.The $15 billion profit from the Gulf War will eventually be passed on to American consumers.
Although Su Zhenguo and others couldn’t see the $5 million profit generated by the continued decline in oil prices, for them, a profit of $10 billion was enough to surprise them.
Elder Zhou quickly called Su Cheng to his side and began to question him carefully.
Even national leaders cannot take $10 billion lightly.However, it is difficult for Su Cheng, a futures trader who relies solely on "knowing it early on", to give any constructive opinions. Everyone can only look at him with envy, and attribute success to random things like luck and talent .
After a while, the price in the futures market stabilized.
The staff of Dahua and the State Reserve Center packed up their equipment and left.Director Huang walked out of the land of his dreams step by step and turned his head three times. This is also the last time he set foot in the highest government agency in China in this life.
Zhu Enbo left very decisively. He made a bigger mistake than director Huang. Not only will he lose his position as director, but it will be very difficult to stay in the State Reserve Center.
Su Cheng was left in the room by Mr. Zhou.
After waiting for the idlers to leave, Mr. Zhou asked with a smile: "Su Cheng, what are your plans for the future?"
At this time, any slightest mistake or omission may change things.Su Cheng restrained his desire to answer quickly, thought carefully, and then made a decision, and replied: "I plan to expand the construction of the methanol base, and then actively get involved in the Haicang project."
He was telling half truths.If Sioux City is allowed to make a choice now, he would rather build a petrochemical base by himself than get involved in the Haicang project. If he makes a sequence, he should build an independent factory and set foot in the sequence of Haicang and methanol bases.
But when answering, Su Cheng reversed the order.Because the methanol base used the least amount of funds, followed by getting involved in Haicang, the self-built Haicang base cost a lot of money.
Su Cheng reversed the order in order to see Lao Zhou's intentions clearly.
As a business owner who started from oil, Sioux City regards political and business cooperation as normal.Only state-backed oil companies have a future, and likewise, oil companies must support the state.When Bush Sr. wanted to attack Iraq, all the oil companies in the Western world stopped working, and they seemed to have money but not to make money.Cuba in the past, Libya in the present, Sudan and Iran in the future are all resource-rich countries. The United States has a ban on economic blockade, but no oil company has rushed to it.
Compared with the "Seven Sisters", China's three barrels of oil are far from enough.
Mr. Zhou was not surprised by Sioux City's answer. He still smiled and said, "Dahua is a powerful company. We support Dahua's active development in the petrochemical industry. Well, it is normal for Formosa Plastics to have doubts about the Haicang project. Yes, it would be great if Dahua Industrial could help them reassure them."
This is the first time that the government has approved Dahua Industrial's participation in the Haicang Project.
Su Cheng excitedly nodded and said: "Great, with Mr. Zhou's support, we must actively participate in the Haicang Project. On the one hand, let them promise to invest as soon as possible, on the other hand, we must also create a situation that is beneficial to us .”
"That's a good point. However, after investing in the Haicang Project, you don't have much money to do futures trading like this."
"There will be no particularly good opportunities in the next few years. When the Gulf War is over, I will withdraw from the futures market." When Su Cheng said this, seeing the strange expressions of a few people, he couldn't help but smile, and said: "I judge that the war will be in the future." It will end within two months, and if it doesn’t end by then, I will also withdraw from the futures market.”
"Don't lose too much. The initial capital investment of the Haicang Project must be at least 7 million U.S. dollars. Even if it is a bank loan, the initial investment will not be less than 5 million U.S. dollars." Su Zhenguo gently mentioned.
Sioux City soon realized that the investment of 7 million US dollars was exactly the investment amount of the independent large-scale ethylene project he proposed.Su Zhenguo said this, which means that it is possible for him to independently build a petrochemical base in China.
This is not easy.
After 1998, the private construction of petrochemical bases, and even foreign investment in petrochemical bases will encounter many obstacles.Not to mention domestic private companies.
Because of the corporate reform in 98, Sinopec and PetroChina were restructured, allowing both companies to own upstream oil fields and downstream petrochemical enterprises, thus creating certain competition.
Although this kind of competition is not very sufficient, it has greatly enhanced the strength of the two companies.Moreover, the threshold of the petroleum and petrochemical industry has also been raised.
Before 1998, whether a company wanted to enter the upstream or downstream, it was only a central enterprise of PetroChina or Sinopec. After 98, we will be faced with two food-protecting companies, and naturally there will be fewer and fewer things like getting the best of both worlds.
Su Cheng's mind turned, and he quickly made a decision.To seize this opportunity.
He pursed his lips and said tentatively: "Dahua Industrial currently only needs 2 million yuan of liquidity to operate normally. We are still capable of preparing 14 billion US dollars of funds in two years."
14 billion in two years, of course, is the expenditure for self-built petrochemical bases.Because of the political significance of the Haicang Project, no one said anything about replacing Haicang, but only talked about it as part of participating in the Haicang Project.
Zhou Lai thought for a while, and said: "I think it can be considered. However, it can only be used as a supplement to Formosa Plastics."
He did not say whether it was a supplement within the Haicang plan or a supplement to the Haicang plan.It shows that Mr. Zhou personally still pins his hopes on Formosa Plastics to continue the Haicang project.
If it was someone else, they might be a little disappointed, but Su Cheng knew that Formosa Plastics' ambiguous life would not last long.
... (to be continued!!!
He put his mind to one side, looked at the jumping white line on the screen, closed his eyes and said: "The current oil price is only fluctuating slightly, maybe there is some bad news, but the general direction will not change. With the war Oil prices will go up all the way. Unless Iraq is completely destroyed in war power.”
The second half of his sentence was aimed at the fat expert.
Apart from Zhu Enbo, the only ally he could win was him.Zhu Enbo's status is too low, it's not bad to trick this military expert into opening up.
Decades of official career, how could a school's foolish experts be able to resist.The fat expert was deceived by Director Huang's firm tone and neat movements, and what Director Huang said was exactly what he wanted to say, so, without any twists and turns, the fat expert just laughed. Said: "I agree, Iraq's air force and air defense forces are weaker, but the armored forces are extremely strong, and they haven't been destroyed much. When it comes to ground warfare, these troops will surprise the Americans..."
Su Cheng completely gave up on correcting him, and directed his own traders to go.
Director Huang was still saying that the oil price must rise, and Sioux City just sighed with emotion. It is a common mistake for amateurs to be reluctant to sell it when it rises, and to expect a rebound when it falls. For those who cannot follow the stop loss point to control themselves Said, the best way to deal with such problems is to stay away from the market...
Director Huang is a standard amateur, but he has a degree in economics and is the leader of the bureau. As a result, not only did he stay away from the futures market, but he actually led the operation.
Fortunately, all the long orders of the State Reserve have been thrown away, and the pure talk has no effect on Sioux City.
Director Huang, Zhu Enbo and the cadres involved in this matter, whether good or not, have nothing to do with Sioux City.
Oil prices went down and down, like sliding down a slide.
It was almost lunch time, and the oil price fell below $30 without any pause in the middle, and there was no sign of a checkpoint at all. It just gradually fell down, and then continued to slow down slowly, which is amazing. Not to the end.
Duan Yuanguang calculated secretly, turned his body, and said to Mr. Zhou and Mr. Su: "On the 16th, Dahua earned 2 million US dollars. Just now, when it rose, it made a lot of money. When it fell, shouldn't it also make a lot of money?" Stubble?"
Professor Dai said "yes" in a low voice and said: "When it rose, it was 4000 million barrels of oil, earning more than 45 billion. When it fell, it was more than 4000 million barrels. If the average price is 40 US dollars, it is now 4 million."
"One billion dollars." This time, Mr. Zhou couldn't be calmer.
[China] China's foreign exchange reserves have just exceeded the tens of billions of dollars. In just a few days, a company has made so much money... Everyone is actually a little dazed.
"How to deal with this matter?" Director Mao asked cautiously.
"What are you dealing with?" Elder Zhou glared at him and said, "The country has no losses, and [Chinese] Chinese companies have made money, which is a good thing. But, don't publicize it, look at the State Reserve Center, it almost loses tens of millions The boy Su Cheng is talented in the futures market. However, he is also very dangerous."
Director Mao nodded thoughtfully.For such a high-level order, every word has to be chewed clearly.
Su Zhenguo also said: "This futures market is full of changes and unpredictable. We should learn from it, but the capital of the bet should not be too large."
"After I go back, I will rectify the State Reserve Center." Director Mao's words decided the fate of Director Huang and Zhu Enbo.
Director Mao is the deputy director in charge of the State Reserve Bureau, and Su Zhenguo is the director in charge of the overall situation. The decisions they make together are fatal to the State Reserve Center.Director Huang watched them talking, and his heart was suspended in the air. When he saw Director Mao's smile, his heart immediately fell, like the price of oil, and it fell cleanly into two halves.
Su Cheng stretched his waist, announcing the end of the most intense stage.
The current oil price fluctuates between US$25 and US$30, and has returned to the pre-war level. Soon, with the failure of the air strikes, the oil price will drop to the range of US$25 to US$[-], and then, with the defeat of the Iraqi ground battlefield , Oil prices will fall below the US dollar and eventually stop here.
For Sioux City, he already has 6 million dollars in his pocket, and 1 million dollars left in the futures market as a margin.When the price of oil falls to around the US dollar and sells, he will gain another US$8 million.
If everything goes according to plan and the ground battles in the Gulf War are over, the total cash amount of Dahua Industrial will exceed 15 billion US dollars, and its total assets will exceed 17 billion US dollars.
It can be said that Occidental Petroleum Company, which tried its best to restrain itself, gave up the great profit prospect, and it all made Sioux City cheaper.The $15 billion profit from the Gulf War will eventually be passed on to American consumers.
Although Su Zhenguo and others couldn’t see the $5 million profit generated by the continued decline in oil prices, for them, a profit of $10 billion was enough to surprise them.
Elder Zhou quickly called Su Cheng to his side and began to question him carefully.
Even national leaders cannot take $10 billion lightly.However, it is difficult for Su Cheng, a futures trader who relies solely on "knowing it early on", to give any constructive opinions. Everyone can only look at him with envy, and attribute success to random things like luck and talent .
After a while, the price in the futures market stabilized.
The staff of Dahua and the State Reserve Center packed up their equipment and left.Director Huang walked out of the land of his dreams step by step and turned his head three times. This is also the last time he set foot in the highest government agency in China in this life.
Zhu Enbo left very decisively. He made a bigger mistake than director Huang. Not only will he lose his position as director, but it will be very difficult to stay in the State Reserve Center.
Su Cheng was left in the room by Mr. Zhou.
After waiting for the idlers to leave, Mr. Zhou asked with a smile: "Su Cheng, what are your plans for the future?"
At this time, any slightest mistake or omission may change things.Su Cheng restrained his desire to answer quickly, thought carefully, and then made a decision, and replied: "I plan to expand the construction of the methanol base, and then actively get involved in the Haicang project."
He was telling half truths.If Sioux City is allowed to make a choice now, he would rather build a petrochemical base by himself than get involved in the Haicang project. If he makes a sequence, he should build an independent factory and set foot in the sequence of Haicang and methanol bases.
But when answering, Su Cheng reversed the order.Because the methanol base used the least amount of funds, followed by getting involved in Haicang, the self-built Haicang base cost a lot of money.
Su Cheng reversed the order in order to see Lao Zhou's intentions clearly.
As a business owner who started from oil, Sioux City regards political and business cooperation as normal.Only state-backed oil companies have a future, and likewise, oil companies must support the state.When Bush Sr. wanted to attack Iraq, all the oil companies in the Western world stopped working, and they seemed to have money but not to make money.Cuba in the past, Libya in the present, Sudan and Iran in the future are all resource-rich countries. The United States has a ban on economic blockade, but no oil company has rushed to it.
Compared with the "Seven Sisters", China's three barrels of oil are far from enough.
Mr. Zhou was not surprised by Sioux City's answer. He still smiled and said, "Dahua is a powerful company. We support Dahua's active development in the petrochemical industry. Well, it is normal for Formosa Plastics to have doubts about the Haicang project. Yes, it would be great if Dahua Industrial could help them reassure them."
This is the first time that the government has approved Dahua Industrial's participation in the Haicang Project.
Su Cheng excitedly nodded and said: "Great, with Mr. Zhou's support, we must actively participate in the Haicang Project. On the one hand, let them promise to invest as soon as possible, on the other hand, we must also create a situation that is beneficial to us .”
"That's a good point. However, after investing in the Haicang Project, you don't have much money to do futures trading like this."
"There will be no particularly good opportunities in the next few years. When the Gulf War is over, I will withdraw from the futures market." When Su Cheng said this, seeing the strange expressions of a few people, he couldn't help but smile, and said: "I judge that the war will be in the future." It will end within two months, and if it doesn’t end by then, I will also withdraw from the futures market.”
"Don't lose too much. The initial capital investment of the Haicang Project must be at least 7 million U.S. dollars. Even if it is a bank loan, the initial investment will not be less than 5 million U.S. dollars." Su Zhenguo gently mentioned.
Sioux City soon realized that the investment of 7 million US dollars was exactly the investment amount of the independent large-scale ethylene project he proposed.Su Zhenguo said this, which means that it is possible for him to independently build a petrochemical base in China.
This is not easy.
After 1998, the private construction of petrochemical bases, and even foreign investment in petrochemical bases will encounter many obstacles.Not to mention domestic private companies.
Because of the corporate reform in 98, Sinopec and PetroChina were restructured, allowing both companies to own upstream oil fields and downstream petrochemical enterprises, thus creating certain competition.
Although this kind of competition is not very sufficient, it has greatly enhanced the strength of the two companies.Moreover, the threshold of the petroleum and petrochemical industry has also been raised.
Before 1998, whether a company wanted to enter the upstream or downstream, it was only a central enterprise of PetroChina or Sinopec. After 98, we will be faced with two food-protecting companies, and naturally there will be fewer and fewer things like getting the best of both worlds.
Su Cheng's mind turned, and he quickly made a decision.To seize this opportunity.
He pursed his lips and said tentatively: "Dahua Industrial currently only needs 2 million yuan of liquidity to operate normally. We are still capable of preparing 14 billion US dollars of funds in two years."
14 billion in two years, of course, is the expenditure for self-built petrochemical bases.Because of the political significance of the Haicang Project, no one said anything about replacing Haicang, but only talked about it as part of participating in the Haicang Project.
Zhou Lai thought for a while, and said: "I think it can be considered. However, it can only be used as a supplement to Formosa Plastics."
He did not say whether it was a supplement within the Haicang plan or a supplement to the Haicang plan.It shows that Mr. Zhou personally still pins his hopes on Formosa Plastics to continue the Haicang project.
If it was someone else, they might be a little disappointed, but Su Cheng knew that Formosa Plastics' ambiguous life would not last long.
... (to be continued!!!
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