"The price of a ton of Ni has increased by 500% overnight?”
"Something's not right!”
Su Chen only took a glance at the content of the news and keenly sensed that the sudden increase in the price of Ni was not as simple as it seemed.
The 500% increase in Ni overnight might be an unprecedented opportunity for the Qingshan Group.
However, it could also be a disaster.
Based on Su Chen's understanding of nickel-based materials, it was impossible for the price of nickel-based materials to increase so ridiculously.
Ni: The chemical symbol Ni. It is a hard, malleable and magnetic metal. It can be highly polished and corrosion-resistant. The stainless steel and various alloy steel made from it are widely used in aircraft, tanks, warships, radars, missiles, spaceships, and other fields.
It could be said that Ni was the most indispensable rare earth metal in the field of science and technology.
Even so, the price of Ni was not high. Because the world's Ni ores were not rare, the price of Ni was generally between 18,000 to 20,000 dollars, which was equivalent to 126,000 to 140,000 dollars.
For a ton of Ni worth 18,000 to 20,000 dollars to suddenly increase by 500% overnight, this was obviously not right!
That was why Su Chen felt that things might not be as simple as the news described.
It was very likely that this was an emergency targeting the Qingshan Group!
The Qingshan Group was the world's largest producer of nickel-based metals and had been quietly making a fortune over the years.
Perhaps the sudden increase in the price of nickel-based metals was because someone had their eyes on the Qingshan Group.
With this guess in mind.
Su Chen read a few more news articles about Ni.
Headline: Fiendish Ni attack. The world's top ten exchanges, including the Gigaco Exchange and the New York Exchange, led by the world's largest metal exchange, the Lundun Exchange, set off an unprecedented five-fold increase in the price of rare earth Ni overnight!
" The sudden increase of 500% of rare earth metal, Ni, is an opportunity or a disaster for Qingshan Group, the leading company in the Ni industry?"
Guangdong Daily:
After Su Chen read a few more news articles, his guess was confirmed.
The sudden increase in the number of nickels was likely a conspiracy against the Qingshan Group.
However, the laymen were watching the show, while the professionals were watching the show.
Su Chen realized that under every piece of news related to Ni, countless netizens were happily posting: A domestic company was finally going to be famous worldwide! Qingshan Group's market value increased fivefold overnight. Awesome! Our domestic Qingshan Group is actually the world's number one nickel-producing company. It's really something to be proud of!
There were countless comments like this.
However, there were very few comments that said that this was likely a conspiracy against the Qingshan Group.
However, these comments were quickly criticized by the netizens until their parents were gone. The reason for their criticism was: Conspiracy my ass. Conspiracy will allow you to have the most things, and the value will increase by five times?
Su Chen looked at the netizens 'comments and could not help but shake his head and smile. Then, he stopped paying too much attention to this news.
After all, for now, Su Chen only felt that something was wrong, but he could not find a point of view that was not conducive to Qingshan Group.
"Forget it, let's not consider this anymore!"
"The think tank of the Qingshan Group and the think tank of the state-owned enterprises that cooperate with the Qingshan Group are much smarter than me!”
"If I can think of it, they will definitely be able to think of it as well. Whether the sudden increase in the price of nickel-based metals is good or bad for the Qingshan Group will be clear in two days!”
Su Chen thought to himself as he skimmed through the news about Ni.
But to be safe, Su Chen still sent a message to Shang Rongyue: "How did your dad react to the sudden increase in the price of nickel-based metals?”
Shang Rongyue replied almost instantly," I don't know. My dad stayed at the mining bureau for the whole night. When I called him just now, he was still chatting with Uncle Zhang in the mining bureau. From his tone, he seemed to be quite happy!”
Seeing Shang Rongyue's reply, Su Chen knew at a glance that Shang Weiguo and Zhang Fangwen must have been busy the entire night because of the matter of the Paladin.
However, since Shang Weiguo was still quite happy at this moment, it meant that he was probably overthinking about the sudden increase in the price of nickel-based metals.
Immediately.
Su Chen completely let go of this matter.
But at this moment.
Su Chen suddenly realized that the phone in his hand had automatically entered stealth mode.
After that.
A phone call suddenly came in.
The incoming call was: China's Academy of Sciences!
Initially, Su Chen was still puzzled as to why the phone had suddenly entered stealth mode.
But when he saw the caller ID, Su Chen understood the reason.
This was because he had once given his phone number to the Chinese Academy of Sciences.
As long as someone dialed the number in the hidden mode of his phone, the phone would automatically enter the hidden mode.
"Why is the Academy of Sciences calling me at this time?”
Su Chen pressed the call button suspiciously.
……
At the same time.
Deep City Mining Bureau, Zhang Fangwen's private office.
Shang Weiguo and Zhang Fangwen, who were still smiling last night, were frowning at this moment. Their faces were solemn as they were on a video call with the two elders.
"Elder Song, Elder Zhang, this is what happened!”
"Currently, led by the Lundun Future Exchange, all the major exchanges around the world have set off a frenzy of price increases. The current price of nickel-based metals has already reached 100,000 dollars per ton!”
"But the crux of the problem is that three hours ago, the Lundun Future Exchange called the Qingshan Group. They need the Qingshan Group to deliver 200,000 tons of aluminum within a week!”
"If the Qingshan Group can't hand over 200,000 tons of aluminum within a week, then according to the futures trading contract, the Qingshan Group will have to pay the other party at least 20 billion dollars!”
"Moreover, the Qingshan Group has to hand over the rights to the global mining of nickel-ores!”
Zhang Fangwen said to Elder Song from the State Reserve Bureau and Zhang Zhongming from the Academy of Sciences.
"Isn't it just 200,000 tons of aluminum? Just give it to them!”
Elder Song asked in confusion.
Elder Song knew about the futures trading contract.
The principle was that in order to deal with the fluctuating prices of futures, both buyers and sellers would make a hedged contract.
The content of the contract was that the buyer and seller agreed on the price of a certain futures and then signed the transaction contract.
As long as the contract was signed, regardless of whether the price of the future futures rose or fell, both sides had to trade according to the contract price.
This method of trading futures was very friendly to both buyers and sellers.
Therefore, many sellers and buyers would sign this contract worldwide.
The transaction method of this contract was also very simple. As long as both parties fulfilled the transaction on the contract, it would be fine.
If one party breached the contract, they would have to pay the corresponding penalty.
In Elder Song's opinion, the Qingshan Group was the world's leading producer of titanium, so it was impossible for them to breach the contract.
After all, the Qingshan Group was a nickel-producing company. As long as they had nickel-rich ore, they could produce as much nickel-rich as they wanted.
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