Chapter 1596 trade stick
Because the flower growers imported extremely huge iron ore, they once tried to control the pricing power of iron ore. Unfortunately..., the failed bird!
International mining giants such as Vale, Rio Tinto, BHP and others are definitely unwilling to give up their pricing power to rabbits. The rabbit was so angry that it created an iron ore import quota system. However, this system was not implemented well, because the flower growers needed too much iron ore.
Flower planters often import 1 billion tons of iron ore, accounting for more than 60% of the total global imports. In order to seize such a huge supply, the mining giants did not know how many ghosts and bribed traitors behind the scenes.
And now Robert Li looked at the radio in his car dazedly, even with blood all over his head. Because there was a news about the radio just now... In order to strengthen the production capacity, the Rabbit Government plans to reduce the import volume of iron ore to half of its current level within three years.
Are you wrong? Is this a reduction in production capacity? This is clearly a suicide!
Hearing this news, Robert Lee was shaking all over, shaking constantly!
A catastrophe!
"Isn't this true?" Robert Li Duo took out his cell phone tremblingly and immediately contacted a well-informed person he knew. As a result, after asking a few questions, the other party was still vague, and finally hung up the phone and could not get through again.
The car hitting the roadside attracted traffic police, but Robert Lee didn't care about dealing with his car accident. He ran away before the traffic police arrived. After briefly bandaging himself, he quickly called a taxi to return to his office.
On the computer screen in the office, the Magic City Futures Exchange has stopped trading after get off work. However, the iron ore prices in other futures exchanges in the world fell, and they collectively knelt. If the flower planters really reduce the import of iron ore by half, many people will not kneel down, but die.
"No..." Robert Lee's head immediately buzzed. The drunken drunkenness that had been lost at this moment was gone. Only the pain of panic and palpitations almost made him die. He immediately tried to find the latest news on the Internet, but what he saw was a terrible storm.
Various mining forums have been in chaos. Officials, enterprises and even private networks are trying hard to find out what happened? No one really believes that the flower-planting government will cut off half of the iron ore imports in order to reduce production capacity, which means that even domestic demand cannot be met.
But no one can tell what happened? The flower-planting government has always had a stable policy and a straightforward approach. It is not like the San government who always makes trouble and makes a waste of money or something. But now it is so scary to cut half of the iron ore import quota at this time!
At this time, let alone individuals can’t sit still, even countries can’t sit still. The Australian government called out at a regular Foreign Ministry press conference, talking about win-win cooperation, eliminating trade barriers, and increasing product quotas.
Because Australia's iron ore exports 700 million tonnes per year, most of them are bought by flower growers. Now the quota is half... This is not a problem of a loss of one or two billion US dollars in exports, but a problem of large enterprises losing a lot of jobs.
But the next day, the flower planter directly reduced the iron ore quota imported from Australia by half. This time, he was really shocked...
Rabbit, don’t you say you’re reducing it by half within three years? Why is it that you’re missing half of my quota the next day?
The flower grower said: Yes, it’s only within three years now. Whether to buy your iron ore is my business. What’s wrong? You still want to interfere in my family’s internal affairs!
The Ministry of Foreign Affairs held a press conference and reporters asked about iron ore quotas, especially the Australian request to open the market.
But a Chinese spokesperson said: We have always maintained international liberalized trade. Regarding the problem of the reduction of iron ore quota, Australia should reflect on why it has been boycotted by our companies and not go further and further on the road to affect regional peace.
The rabbit almost pointed at Australia's nose and said: You are a dead kangaroo in Tu'ao. In the past, you either talked about human rights issues or raised prices on iron ore and robbed my money. Now you have nothing to do and always send warships to me in the South China Sea. If you are not grateful for making money, you are even proud. Today I have to deal with you, the first person!
The economy of the thief is not very good now, which has affected the whole world. All countries are counting on flower growers to become the new world trade engine. Australia's exports account for a large proportion, and now it is suddenly reduced by half. Today's GDP has grown, not to mention the growth, it has to decline.
Everyone in the global village knows that rabbits are becoming more and more awesome in recent years, but now they find that they are waving the big stick of trade, which makes a regional bully suffer. After all, everyone is still very uncomfortable!
Robert Lee no longer cared about international trade. He wanted to immediately sell the iron ore futures he bought the next day, but he didn't expect that the futures price would dive at the opening and did not give him any opportunity to operate.
The bank didn't even have time to ask Robert Lee if he wanted to increase the margin, several times the financial leverage collapsed. All his assets that he had entered yesterday were instantly cleared, and he still owed a lot of debts in one breath.
Robert Li understood that the slow response of the futures market yesterday was not slow at all. It was probably because someone invested a lot of money to harvest leeks. And he was the cut leeks.
When he was in a state of dismay, Robert Li walked out of his office in a daze. He pressed the elevator and wanted to go to the rooftop of the building. He only saw a pale and staggering man coming out of the company next to him.
"You're also selling iron ore futures?" Robert Li asked, feeling terrified.
The pale man shook his head and said with a bitter face: "Copper mines, copper mines are over. There are also nickel mines and bauxite mines. Today, the trading volume of almost all major minerals has plummeted. This is a disaster. No one expected such a huge drop, and even the most pessimistic analysts could not imagine it."
What?
Robert Lee didn't know whether he should cry or laugh? It turned out that he was not the one who was unlucky. It turned out that the crisis dragged countless people into the water. "Why? Why did this happen?"
The pale man murmured: "The Ministry of Commerce of the flower planting government has just issued a forecast that the import of minerals for flower planting may be significantly reduced in the future. Even the import of oil will be affected."
Hiss..., oil?
This is to think that the world is not chaotic enough!
If the price of iron ore plummets, there are still limited countries affected. But if the price of oil plummets, there will be more countries that will die.
In this case, let alone Australia, at least it can sell iron ore but other things. Some countries have nothing to produce except oil. Even America, which is shale gas recently, cannot escape the impact.
Chapter completed!