I'm in the county town, and you say I'm a big shot?

Chapter 130 Cotton Futures! Cotton Futures!

Chapter 130 Cotton Futures! Cotton Futures!
After playing ball and returning home, Fang Qingye immediately went online and looked at the futures information in recent days. It was time to enter the market.

This time he chose a less prominent agricultural futures product - cotton.

The history of domestic cotton futures trading is not long. It was only listed on the Zhengzhou Stock Exchange in September 2004 and remained unknown until the super bull market in 9, which lasted until 2009.

Of course, even in a bull market, swing trading is still necessary.

Fang Qingye opened the K-line chart of cotton futures and studied it carefully. Suddenly, he found that the QQ hanging below the screen was flashing, and it was a beautiful girl's avatar.

A girl from Dongguan.

After the Chinese New Year, I rarely saw Dongguan girls online, and there were fewer messages. When I was bored, Fang Qingye missed her a lot.

So I clicked on my QQ profile picture and saw a message from the Dongguan girl: "Husband, the BTMiner program has been downloaded over 10 times!"

"Congratulations!" Fang Qingye typed.

The Dongguan girl immediately replied with a smiley face and a "hug" emoticon, and Fang Qingye followed suit.

"Husband, I've opened a Bitcoin discussion column on SeekingAlpha, a famous American financial forum. Thousands of people are online every day. I'm also planning to set up a Bitcoin trading market, so we can trade freely."

Fang Qingye was surprised by the Dongguan girl's enthusiasm for this matter, so he typed and asked, "Beautiful girl, how many bitcoins have you mined?"

"About ten thousand."

"Only more than ten thousand? Why don't you dig more?" Fang Qingye couldn't help but typed and asked.

"Why dig so much? It's boring and has no technical content!"

See the other party's reply.

Fang Qingye suddenly felt that money was like dirt.

"Beautiful girl, why are you so enthusiastic about this? You want to build a forum and set up a trading market?" Fang Qingye couldn't help but ask again.

"It's fun."

I @#¥¥……

Fang Qingye was speechless.

Ok.

So much fun.

"Husband, what have you been busy with recently? Are you still trading stocks?" The Dongguan girl typed again.

"No, I'm planning to do futures." Fang Qingye told the truth.

"Okay, okay, futures are much more interesting than stocks." The other party immediately sent an excited expression.

"What kind of commodity are you going to invest in? Crude oil? Copper? Or rubber?"

The Dongguan girl was talking about the hot varieties in the current futures market. Fang Qingye smiled slightly and typed: "No, domestic cotton."

"Zheng Mian?"

"Correct."

"Wait a minute, I'll go check it out."

The Dongguan girl's QQ avatar stopped flashing, and Fang Qingye was not in a hurry. He drank the Dahongpao sent by the boss of Jinxiu Textile a few days ago and continued to look at the K-line chart.

After a while, the Dongguan girl's avatar started to jump again.

"Husband, I looked at the trading situation of Zhengzhou Cotton Futures. The market is so small. The daily trading volume is only about 2 lots, and the daily trading amount is only over billion."

The Dongguan girl is right.

The trading rules of Zhengzhou Cotton are: 5 lot for every 1 tons of cotton, and 2 lots equals 10 tons. Now the futures price of Zhengzhou Cotton is hovering around 12000 yuan per ton, and the daily trading volume is just over 10 billion yuan, which cannot be compared with futures products such as crude oil and copper.

Fang Qingye was well aware of this, so he typed: "The plate is small, so it's easier to hype."

"That's right, it's even more thrilling and exciting! I like it!" The Dongguan girl typed over immediately. Fang Qingye smiled slightly: "Do you want to play too?"

"No, I'm here to help you. I'll use my genius brain to do mathematical analysis for you and help you make a lot of money!"

Damn it, my chuunibyou is coming back again.

But now Fang Qingye chose to ignore it.

"Husband, do you understand the fundamentals of domestic cotton this year? Are you going to go long or short?" The Dongguan girl typed again.

"Overall, we are going long and trading in swings. This is because there is a trend of decreasing cotton production this year." Fang Qingye replied.

"Production reduction trend? Are you sure? Have you investigated?" The Dongguan girl seemed a little unconvinced and typed over.

I haven't investigated it, but I have experienced it, and I know the root cause of this cotton bull market!
The cotton planting area has decreased, the output has dropped sharply, and the contradiction between supply and demand has become prominent!

Fang Qingye naturally didn't say so much, and only typed a few words: "I have investigated."

"That's OK then. The direction is set. The next step is the technical issues. It depends on the lady! Burn, Pikachu!"

The Dongguan girl’s avatar turned gray.

It seemed that he couldn't bear it anymore and slipped back into bed to sleep.

Fang Qingye shook his head and continued to analyze the K-line chart.

Fang Qingye did not investigate, but someone actually conducted an on-site investigation.

Shencheng.

In the darkness of the night, an Audi Q5 sedan with a Shen A license plate slowly drove down the overpass.

"We're finally home." The woman sitting in the passenger seat couldn't help but say as she looked at the bustling night scene outside.

The driver was a man. Perhaps because of the long journey, he looked a little tired. He smiled slightly when he heard the woman's words.

"Send you home first?"

"No. I want to live with you." The woman said in a coquettish tone.

The man said nothing more and drove west.

The man and woman were Shi Guangrong, the general manager of Silan Flower Company, and his secretary Jiang Yiling. They left Shanghai shortly after the Chinese New Year and headed north to Shandong Province, where they stayed for more than a month.

Of course, they were not going out for sightseeing, but for investigation!

Just before the Spring Festival, when Shi Guangrong was making a phone call to wish each other a happy new year, he heard a cousin from his hometown, a cotton farmer, complaining to him that he had suffered heavy losses from cotton farming this year and last year.

His experience in hyping orchids made him keenly feel that this was an opportunity!
Shi Guangrong knew that price fluctuations in agricultural products were often closely tied to supply and demand. The severe losses suffered by cotton farmers would inevitably lead to a significant reduction in their enthusiasm for planting, leading to a significant reduction in cotton planting area.

This year, the country has launched a package of economic stimulus policies, and the market demand for cotton is bound to continue to increase. Under such circumstances, the cotton market is likely to be in short supply in the future, and cotton prices are bound to soar.

Of course, just listening to what his cousin said on the phone was not enough to support his conclusion. In order to verify whether his judgment was correct, he drove to Shandong Province with his secretary after the Spring Festival.

In more than a month, Shi Guangrong drove his Audi Q5 for more than 1 kilometers, almost traveling through the entire cotton-producing area of ​​Shandong Province.

During the investigation, he found that the cotton planting area had been greatly reduced and many cotton farmers had switched to growing other crops.

My judgment is still correct!
Then let’s go for it!

After returning to his home near Hongqiao, Shi Guangrong took a shower, turned on his computer to check the latest cotton futures market, and then picked up his mobile phone to make a call.

It was a call to my friend, Wang Hong.

Shi Guangrong met Wang Hong when they were big investors in the A-share market. After making money in the A-share market, the two turned to the futures market. In the past two years, the two have teamed up to speculate on orchids and made a lot of money. He is Shi Guangrong's good partner in business.

This time, in order to hype Zhengmian, Shi Guangrong is ready to join forces again.

(End of this chapter)

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