People who are relatively calm may be Snail Steel, Tonghua Steel and those who have no aluminum enterprises or fertilizer enterprises.
Shan Zhonghua also ignored other people’s small discussions and directly announced that "I declare Dalian Ore Exchange officially open today"
The fertilizer industry enterprises immediately took the lead in applauding, and the aluminum industry followed suit and looked pale, while the steel enterprises here had sparse palms.
Then came Li Hongwen, general manager of the exchange, who gave a speech and cleared his throat.
"First of all, I very much welcome all the guests to attend today’s ceremony of Dalian Ore Exchange, so I’ll cut the crap and come straight to the point."
"At present, Dalian Ore Exchange obtains three kinds of market transactions: pure iron powder, pure aluminum powder and potassium sulfate."
"There are three main suppliers of raw materials, namely Bluestar Mining, Joint Recycling and Beijing Controlled Resources".
Joint regeneration is a joint water company, and Beijing control resources is Beijing control water company.
"Please see the specific transaction behind me"
Everyone is staring at the big LED screen behind Li Hongwen.
[Combined regeneration-pure iron powder (November) 1421 yuan/ton]
[Beijing resources-pure iron powder (November) 1421 yuan/ton]
[Blue Star Mining-Pure Iron Powder (November) 1421 yuan/ton]
The initial prices of the three raw materials should be consistent, and each enterprise can eat these raw material futures according to its location and international price.
Before the futures delivery date, these purchased pure iron powder futures can be linked to the exchange for public trading or privately traded over the counter.
At present, the longest delivery period is the batch of 21/6/3 that exceeds half a year.
The minimum transaction of Dalian Ore Exchange is 1 ton per hand.
With the end of the speech, it is almost 9: 30. Dalian Ore Exchange is open from Monday to Friday and does not rest at 9: 3 to 15: 00 every day.
With the arrival of trading hours, traders of various enterprises play before the exchange comes with a trading system.
These enterprises have different injection and trading sectors due to their respective industries.
Potassium sulfate injection in chemical fertilizer industry At present, there are two kinds of potassium sulfate, Bluestar Mining and Beikong Resources.
Stanley’s boss exchange package asked the trader, "What is the price of potassium sulfate in Xiao Zhang?"
"The boss is now around 217, and the blue mine has released 10,000 tons of trading volume this month. Beijing Control is a little less, and there are 120,000 tons this month," replied trader Xiao Zhang.
The person in charge of the market research department suddenly knew the current situation. In the first half of this year, the price of imported potash soared to 44 yuan/ton, while it fell all the way in the first half of this year. Now the import market price has fallen to 26 yuan/ton.
And blue star mining and Beijing control resources high-purity potassium sulfate have put the price so low and the quantity is so huge.
You know, the amount released by the two companies reached 920 thousand tons. Although futures don’t need spot, they must take out spot at the delivery date.
Stanley knew that Bluestar Mining was short of potassium sulfate by about 60,000 tons and its monthly output was less than 150,000 tons.
If Fengmin agriculture hadn’t sent chemical fertilizer every day and used a lot of potassium sulfate for land improvement, it is estimated that the monthly discharge of Bluestar Mining is even more terrible.
Of course, this is also a reasonable range for Blue Star Mining and Beijing Control Resources to discuss the release quantity.
Otherwise, Bluestar Mining will directly smash 60,000 tons into the market and estimate the price of potassium sulfate to directly collapse.
Even so, the price has overwhelmed the international potassium sulfate producers.
"Boss, I suggest eating 10 thousand tons, which is a good price."
Boss Stanley thought twice and nodded, "Then eat 10 thousand tons."
Soon, major fertilizer producers ate 920,000 tons of potassium sulfate futures in November, and the demand base for potash raw materials import in China was taken by Blue Star Mining and Beijing Control Resources.
On that day, the turnover of potassium sulfate plate reached 3.7 billion.
Chapter one hundred and forty Each with her gizzard.