Chapter 1160 Sunset Before Darkness
Chapter 1160 Sunset Before Darkness
"Uncle Sun, no matter how the prices of edible oil, soy products, and poultry fluctuate in the market, the prices in the Carrefour Group supermarkets can only go down but not up! Those brands that want to increase their prices should reduce their purchases and use our own All in all, during this period of time, even losses will be covered!" Fang Mingyuan said, "This is just the darkness before dawn."
"Young Master Fang, I understand!" Sun Zhaolun's voice came from the phone.
Fang Mingyuan, who put down the phone, sighed softly. Huaxia society, which was approaching April, had already been disturbed by bird flu and the historically high price of soybeans.Although it is true that the domestic bird flu has not continued to expand significantly, it has already spread to nearly ten provinces, and countless raised poultry have been culled and destroyed, which has seriously damaged the vitality of the domestic poultry farming industry.At the same time, due to the fear of infection with bird flu, consumers also stay away from poultry consumption, and it takes time to rebuild consumer confidence, which in turn makes poultry products unsalable across the country.
The poultry farming industry can be said to be the largest buyer of soybean meal, and the plight of the poultry farming industry is bound to have an important impact on the market price of soybean meal.At the same time, the international market price of soybeans has reached a new high, and the port distribution price of imported soybeans has approached the 4000 yuan per ton mark. Compared with the same period last year, the increase rate has been close to [-] percent!Flour is more expensive, bread is naturally more expensive, and the price of domestic soybean meal has also risen to [-] to [-] yuan.
The crisis of soybean plummet is actually in sight...but how many people see it clearly?How many people are powerless even if they see clearly?
The high price of soybeans in the international market has led to a rise in domestic soybean prices. About 90.00% of the funds of soybean crushing companies will be used for the purchase of raw materials, which greatly reduces the profit margins of domestic crushing companies. In [-], every ton of soybeans could make a profit of nearly [-] to [-] yuan, but today the price of soybeans has nearly doubled.Although the prices of soybean oil and soybean meal are also rising, they cannot keep up with the price of soybeans.
Although soybean oil has always been rumored to be rising domestically, according to the data obtained by Fang Mingyuan from the customs, the amount of domestic soybean oil imported from overseas has increased significantly, and the high price of soybeans has also caused many oil-extracting companies to shift their demand for raw materials to Rapeseed - Due to the sharp rise in the price of oilseeds last year, the sown area of rapeseed in China was stimulated. It is estimated that if the weather is favorable, the annual output can reach 200 million tons, and in China.Rapeseed oil and soybean oil can be said to be substitutes for each other. Chinese people can accept these two edible oils. The increase in the production of rapeseed oil will undoubtedly replace part of the consumption of soybean oil that has already risen in price, which will put pressure on the price of soybean oil. Crushing profits of oil mills will further decline, which will in turn lead to a decline in domestic soybean crushing volume, which will have a negative impact on the soybean market.
Therefore, the price increase of soybean oil is just a false proposition, and those edible oil companies just want to use this to sell another batch of soybean oil.
Located in the central part of the Huaxia Coast.In the southeast of Shandong Province, Xihai Lunong Bean Industry Group in Xihai City, on the coast of the Yellow Sea, was established in the late 80s. It is a private enterprise mainly engaged in soybean processing. High-speed quick ride to 20.00% five.Xihai Lunong Bean Industry Group has developed into an annual soybean processing scale of up to 20.00 million tons. It has eight processing enterprises in various parts of the country. , soybean phospholipid mixed feed and phospholipid capsule five series of products.A group company whose comprehensive strength ranks in the forefront of China's oil industry!
But at this time its major shareholder and chairman Tai Shiming was caught in a state of restlessness.Since October last year, due to the sharp rise in the prices of soybeans and their products in the international market, the prices of domestic soybean meal and soybean oil have also risen sharply.Prior to this, Xihai Lunong Bean Industry Group, which purchased a large number of overseas soybeans, made extremely rich profits because of this.This result stimulated the board of directors of Xihailu Agricultural Bean Industry Group to resolutely decide to expand the company's production capacity on the one hand, and respond to the government's call to go to the United States to purchase soybeans with the Huaxia purchasing group.
In the four months from October last year to February this year, the Xihailu Agricultural Bean Industry Group purchased a total of more than 170 million tons of soybeans.And these soybeans will arrive in West Seaport one after another in mid-April.
Seeing that the soybeans were about to be shipped to the port and needed to pay the remaining huge payment, Xihai Lunong Bean Industry Group was having difficulty getting a loan from the bank!The major banks in the province have informed that due to signs of overheating in the Chinese economy, the central government has intentionally increased the capital ratio of fixed asset investment projects in steel, electrolytic aluminum, cement, and real estate development, and macro-control measures to tighten credit will be introduced in the near future , so as to control blind investment and curb the signs of economic overheating to continue to develop.
The management of the Xihailu Nong Bean Industry Group headed by Tai Shiming was so anxious that they almost scolded their mothers. Domestic banks are always like this. The central government wants to control industries with excess capacity such as steel and electrolytic aluminum, not grease. Squeezing the industry, this is purely an unwarranted disaster!In this way, not to mention the payment for soybeans, the company's liquidity is very tight.But the bank decided this way, and there was nothing they could do.Although Tai Shiming also spent a lot of money to ask the leaders of the city to intercede, but he returned without success.
For the sake of the leaders, the provincial bank told them the truth, that is, this time the central government's attitude is very resolute, and anyone who dares to act obsequiously on this will be deposed.Moreover, which of these banks in the province has not extended excessive loans to industries such as steel, cement, and electrolytic aluminum in recent years?Now that the central government wants to tighten credit, there is no money to fill the holes in the banks, so how can they continue to lend.If Xihai Lunong Bean Industry Group has connections, it is better to find an overseas bank.
This suddenly discouraged Tai Shiming and others. If Xihai Lunong Bean Industry Group had connections with overseas banks, the son of a bitch would only find these banks in China. The loan interest rate is not only high, but also the kickback is very high, and the money has not yet been obtained. Well, a big chunk was eaten away by the bank first.After a year, most of the profits earned have filled the belly of the bank.But if you scold me, you still have to continue to raise money for the goods. These overseas soybean suppliers are no more than domestic companies. If you owe them money, something really big will happen.Not to mention that domestic officials must be on their side, even if one's own overseas credit record is marked down, it will be too much for the company-it will be a lot of trouble to purchase large amounts of raw materials overseas in the future.And even if they make up their minds to "wash the boat", the resulting expenses cannot be easily borne by Xihai Lunong Bean Industry Group.
Therefore, Tai Shiming and the others had no choice but to find a way to raise funds.There is no need to consider borrowing from private individuals. Not to mention that at this time, the interest rate of private lending is horribly higher than the bank interest rate. Such a large amount does not mean that you can get a loan, let alone repay it in a short period of time. I can pay it back.Therefore, Xihai Lunong Bean Industry Group actively promotes its own products, hoping to withdraw more funds and enrich the company's finances.
However, this is not so easy. Since the domestic soybean oil price is at a historically high level, some importers have purchased soybean oil from overseas and put it into the domestic market.
Although the price of soybean oil has been raised in the domestic market due to the rise in soybean prices, the increase in price is far less than that of soybeans.Moreover, Xihai Lunong Bean Industry Group, as a group enterprise with an annual soybean processing scale of up to 500 million tons, has an astonishing output of soybean meal, which is also an important guarantee for the group company's profitability.The sudden bird flu spread to more than ten provinces in the south of China, causing severe damage to the local breeding industry. A large number of poultry were culled and destroyed. As soybean meal is an important feed for the breeding industry, the demand has also declined significantly.Although the market price of soybean meal is still at a high level, the rise is weak, and there may even be a huge downside risk in the market outlook, but it is clear to anyone with a discerning eye.
As for domestic crushing companies, whether they use domestically produced soybeans or imported soybeans, their crushing profits have started to decline since reaching their peak in October last year. Up to now, Tai Shiming is not sure about the profitability of other companies, but he is Knowing that the crushing profit of Xihai Lunong Bean Industry Group is pitifully small, this is because Xihai Lunong Bean Industry Group purchased a large amount of relatively low-priced soybeans before October last year.If it is said that according to the purchase price of this batch of soybeans, the cost of imported soybeans to Hong Kong is close to or even exceeds 4000 yuan per ton, and it is 100% sure that it will be a loss, and the loss is very serious!Based on such raw material costs, Xihai Lunong Bean Industry Group will lose about [-] yuan for every ton of imported soybeans processed.In October last year, for every ton of imported soybeans processed, the company could earn a profit of almost [-] yuan!But in less than half a year, it's already a world of difference!
However, the current domestic situation makes it impossible for domestic crushing companies to increase their profits by raising the prices of soybean oil and soybean meal again.The reason why there are frequent reports of price adjustments in the market is that many oil extraction companies use information asymmetry to stimulate the purchasing impulse of domestic consumers and withdraw company funds as soon as possible. (To be continued..)
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