Chapter Eight Hundred and Thirtieth Eight, It May Be that Glencore Took the Empty Order

Chapter 838 Maybe Glencore took the empty order

Yang Chen called Jin Zhina over.

For the time being, Jin Zhina is in charge of all the business of Xingchen Import and Export Trading Company. She knows the nickel market best.

Yang Chen asked straight to the point: "Xiao Jin, is there any gossip in the nickel market recently?"

Jin Zhina shook her head and said: "No. But the price of nickel has indeed been rising, and it has risen to a historical high. Normally, the price should drop slowly and return to its reasonable price, which is about 10,000-12,000 Miguin/ton. So, I really don’t understand why someone suddenly took all of our empty orders.”

Yang Chen released a total of 1 million tons of empty orders for electrolytic nickel in the futures market. Based on the current price of 20,300 meters of gold per ton, the value of these empty orders is 20.3 billion meters of gold.

Calculated according to the 8% margin standard, the institutions that take these empty orders need 1.624 billion meters of gold.

If you want to come up with a deposit of 1.624 billion meters of gold at once, the opponent's strength is definitely strong enough.

Yang Chen immediately sent a message to Mu Zihan, asking her to find out who took the empty order of 1 million tons of electrolytic nickel issued by Xingchen Import and Export Trading Company.

Afterwards, Yang Chen made another transoceanic phone call to Pan Qingguo.

Soon, the call was connected.

Pan Qingguo: "Mr. Yang, what are your orders?"

Yang Chen: "Did you know that someone in the Lundun futures market has released 1 million tons of empty orders for electrolytic nickel?"

Pan Qingguo: "I know,

Just found out. What does Mr. Yang mean? "

Yang Chen: "I released those empty orders."

Pan Qingguo was shocked, and said, "Ah? Mr. Yang put out empty orders? Why did you put out so many empty orders?"

Yang Chen: "I think 20,000 meters of gold per ton is already a historically high level, and the price is unlikely to rise any further, and will definitely fall back slowly. I originally thought that the 1 million tons of empty orders I made would not be eaten up. And it should be eaten by different investors. But beyond my expectation, it turned out that an institution took up all the 1 million tons of empty orders. The other party will definitely not eat so many empty orders for no reason, they must have Insider information, or planning to harm me. Mr. Pan will check for me to see who took my empty order."

Pan Qingguo immediately replied: "If it was taken by one institution, two are most likely. The first is Daxia's Tsingshan Group. They control nearly half of the world's nickel production, and they have enough strength to harm you. The second is the Glencore Group. They are more powerful and have global pricing power. They also directly control many large mines and have in-depth cooperation with many mining areas. If Glencore wants to get you, it will be easy .”

Yang Chen: "Glencore? Glencore was among the institutions that went to interview with me last time to invest in Xiaoguang Hospital Group, right?"

Pan Qingguo: "Well, that's right, there are them. They sold me part of the electrolytic nickel I bought for you. Do you think they might try to harm you?"

This is not good, capital predators have always been ruthless.

In order to make money, Soros did not hesitate to destroy the entire Southeast Asian economy.

For these capital crocodiles, as long as there is enough profit, they can do anything without a bottom line.

Yang Chen hurriedly replied: "I can't say this right now, I still have to wait for my investigation to find out. Let's stop talking here, I have to ask someone to investigate Tsingshan Group and Glencore."

Pan Qingguo: "No problem! If you need any help, just call me, Mr. Yang, and I'll never let you go."

Yang Chen: "Well, thank you. I'll hang up first, and I'll contact you if necessary."

After finishing speaking, Yang Chen hung up the phone.

"Xiao Jin, you contact Qingshan Group immediately, I want to talk to their boss on the phone." Yang Chen ordered.

Jin Zhina nodded, and quickly tried to contact Qingshan Group.

More than half an hour later, Yang Chen got in touch with Zhang Qingshan, the boss of Qingshan Group.

Zhang Qingshan was dealing with Yang Chen for the first time, but it was not the first time he had heard of Yang Chen's name.

"Haha... I didn't expect that Director Yang would take the initiative to call me. It's really my honor. I have admired Director Yang's name for a long time, and I am so happy to be able to call you today." Zhang Qingshan burst into rainbow farts.

Yang Chen said with a smile: "Mr. Zhang, why bother to ridicule me. I'm just a poor wage earner. I worked hard to hoard some goods. I wanted to do a hedging, but I didn't expect to fall into a trap. Now it's really I’m in a dilemma, I don’t know what to do.”

Tsingshan Group controls nearly half of the world's nickel production, and of course is aware of the 1 million tons of empty orders in the Lundun trading market.

Zhang Qingshan said with a smile: "I just said, how can anyone dare to release 1 million tons of empty bills? Anyone who dares to do so must be a dragon and phoenix among the people. Sure enough, I guessed it. It turned out to be Yang Dong who released it." Empty order. You are the only one who has made such a big deal, Yang Dong, if you were replaced by someone else, you would not dare to do this at all."

Yang Chen: "Haha... Zhang Dong was joking. I'm completely inexperienced, I showed a huge flaw, and I was seized by someone. As a nickel giant, Tsingshan Group must know some inside information. So I called Call Zhang Dong and see if Zhang Dong can help me find out who took my empty order of 1 million tons."

Zhang Qingshan laughed loudly and said: "It's my honor that Director Yang can think of me at this time. It shows that Director Yang is still very optimistic about me. I am very happy to be valued by Director Yang. Since Director Yang asked , for the sake of our compatriots, I will definitely help with this favor. In fact, I can guess who took your empty order without checking."

Yang Chen: "Oh? Is the other party so obvious? Why don't I know anything about it? I hope Zhang Dong will show it clearly."

Zhang Qingshan: "If I'm not wrong, it should be Glencore that took your empty order."

It's Glencore again!

The two organizations that Pan Qingguo guessed were Tsingshan Group and Glencore.

Now Zhang Qingshan also speculates that Glencore took Yang Chen's empty order, so the 8th achievement is Glencore?

Yang Chen was still more cautious, and asked, "Could Mr. Zhang tell me why you guessed it was Glencore? What is your basis?"

Zhang Qingshan: "Let's put it this way, nearly half of the world's daily nickel production is related to our Tsingshan Group. However, it is the Glencore Group that controls the global nickel pricing power. So, Mr. Yang knows how powerful they are, right? About three years ago, our Tsingshan Group also made an empty order of 200,000 tons of nickel for hedging purposes, but was attacked by Glencore. At that time, our inventory was not as large as before, and our inventory For a long time, high matte nickel did not meet the standards of electrolytic nickel, which is the subject matter of the Lundun trading market. Thanks to the help of the State Reserve, we managed to gather enough electrolytic nickel to close the position. That time we lost billions, but fortunately Saved the company’s life. Since then, we have been particularly cautious and guarded against companies like Glencore. Our moment at that moment is just like Director Yang’s at this moment. So I guess it is most likely Glencore They are the only ones who have taken down Yang Dong's 2 million tons of empty orders.