Reborn as the richest man in India.

Chapter 355: Cutting off the supply of palm oil

Chapter 355: Cutting off the supply of palm oil ([-]-word update, please vote for me)
The price is half as high, which is better than stability.

Manti thinks Li Shenjing is right. Now is the time to grab share in India's domestic palm oil market. If there is not enough palm oil, how can we seize the market?

It’s so difficult to get gas yourself, let alone other competitors.

In his opinion, except for Qiaogo, who has stronger financial resources, the others are not worthy of fear.

I believe that the price I paid is still small compared to those guys, and there is nothing unacceptable.

Since it is a long-term supply cooperation, Li Shenjing said that the contract is signed for one year, one for each year.

But Manti felt that the one-year signing was a bit too variable. With Qiaogo's involvement in the palm oil market, one year might not be able to make that kid back down.

This price war may last for several years.

So he proposed to sign the first contract for three years and then sign it every three years.

Li Shenjing agreed to Manti's suggestion, but the price would be even higher in terms of compensation for breach of contract.

If the contract was signed once a year before, if one party breaches the contract, he or she will be compensated three times the transaction amount of the previous month.

Now that the contract has been signed for three years, Li Shenjing proposed that the liquidated damages be 6 times the transaction amount of the previous month, which is considered a double.

Manti doesn't think he will breach the contract. He is also afraid that Li Shenjing will breach the contract. Now that palm oil is so popular, he must have a stable supplier.

Even if palm oil cannot be purchased elsewhere in the future, at least 1 tons of palm oil can be imported every month.

Therefore, he thinks the higher the liquidated damages in this compensation clause, the better.

So he proposed that the breach of contract amount be set at 9 times the transaction amount of the previous month.

Li Shenjing agreed.

"By the way, Mr. Li, I would like to ask what kind of company is Binlin Company?" After the contract was signed, Manti couldn't help but think that Qiaogo's palm oil seemed to be imported from this company.

Because it was Qiao Ge's import company, they had no intention of looking for each other.

In addition, I am in a hurry to find suppliers, and I really don’t know much about Binlin Company.

"Ah, their size is not smaller than our IOI Group, but they are a foreign-funded company. The general manager is a Frenchman." Li Shenjing said.

"French?" Mandy was stunned for a moment.

He didn't expect that Qiao Ge was looking for a French company, which was a bit surprising.

"Mr. Sitharaman, do you want me to help you ask Binlin Company to see if they can distribute some palm oil to you?" Li Shenjing asked.

"Ah, thank you very much, Mr. Li. We won't consider Binlin Company for the time being." Manti smiled.

Since he is Qiao Ge's partner, it goes without saying that he will be rejected if he goes there.

Besides, I don’t want to find Qiao Ge’s partner at all.

The other party is French. It seems that Qiao Ge was deceived even more miserably by the other party.

In Manti's opinion, those foreigners have even darker hearts.

With the [-] tons from Li Shenjing, my next task will be much easier. It should be enough to find a way to find about five more suppliers.

Knowing that these companies were offering limited quantities, Manti increased the number of suppliers from three to six, including IOI Group.

After watching Manti and others leave, Li Shenjing thought to herself: "It's just like Brother Qiaogo said, I really gave them a hard blow this time, and they were still willing to do it. Tsk tsk, this business is really ~~It’s so enjoyable.”

Of course, Li Shenjing had communicated with Qiao Ge about selling palm oil to Manti and others.

Qiao Ge did not tell Li Shenjing not to sell palm oil to Manti and the others.

In Qiao Ge's mind, if possible, it would be best for Li Shenjing to sell more to them.

why?

Or consume the funds of the Sitharaman family.

At the same time, the more palm oil is imported, the greater the impact will be on the Sitharaman family’s traditional edible oil market. Isn’t it interesting that they are impacting themselves?

If palm oil cannot be purchased in Malaysia, or if they discover their layout in Malaysia soon, they may be able to immediately shrink their defense lines.

It is not impossible for them to abandon the palm oil market by then.

Then it will not be so easy for you to conquer the traditional edible oil market.
Moreover, Li Shenjing can also be sold to the Sitharaman family at a high price. Of course, Qiao Ge will not stop Li Shenjing from such a good thing.

The big state-owned companies in Malay must know some of the specific situation of Penlin Company. For example, Indians are the real bosses.

However, Benlin Company now also plays a decisive role in the Malaysian palm oil industry, so everyone has a tacit understanding not to mention this news.

Of course, Li Shenjing mentioned it to the bosses of these big companies before and said hello. She asked them to keep some relevant inside information about Binlin Company confidential for the time being and not to talk about it if they could.

In the palm oil industry, they are still unanimously open to the outside world. Only by working together can they take the initiative when facing the international market, especially when it comes to customers from developed countries in Europe and the United States.

The Sitharaman family is just a new customer in India, and it is impossible for them to offend Benlin Company for this.

Of course, the most important thing is that the boss of Binlin Company is Indian. Everyone knows that his market will definitely be dominated by India.

At that time, it will be impossible for us to compete with him for the Indian market, and we will not be able to compete with him.

Besides, the current international market is sufficient for people like me, and palm oil is still in short supply, so it is even less likely to treat the Sitharaman family as long-term customers.

So sell it at a high price from the beginning, which is a short-term transaction. If the price can be higher, it will definitely not be lower.

Because Qiaogo cooperated with Binlin Company, Binlin Company was a taboo among the Sitharaman family. Now that they knew that the other party was a French company, Manti and the others even excluded Binlin Company. Tidu Not to mention.

So, after several days of inspection and negotiation, Manti finally negotiated with seven suppliers, all of which were guaranteed to provide a stable supply of palm oil.

Counting the IOI Group, there were eight suppliers. There was no way around it. In the end, there were still two more suppliers than six. The main reason was that the supply of palm oil was too small to satisfy Manti, so he had to rely on the number of companies to make up.

Together, these seven companies can supply 7 tons of palm oil per month, with prices rising by about 1.5%.

In terms of the contract and liquidated damages, it is the same as that of IOI Group. It is signed every three years. If there is a breach of contract, the compensation will be 9 times the transaction amount of the previous month.

Of course, these 1.5 tons are a guarantee. According to them, the monthly export volume may rise a little.

In fact, Manti is satisfied with 2.5 tons per month. After all, it is still more than Qiaogo's 2 tons per month, so he can just overpower him.

Moreover, the prices here have risen by almost [-]%, and the prices on Qiaogo's side have risen even higher.

Manti knew that Qiao Ge now had sufficient cash flow, but no matter how much money he had, he couldn't keep losing money, right?
Now the situation on the Sitharaman family side is different from before. After taking over the traditional cooking oil, there is no need to invest anymore.

Next is the harvest season. You can keep fighting with Qiao Ge. Who is afraid of whom?
When Manti came back to report on the work of the Malay team, he originally thought it would make the patriarch and others happy.

But he found that the faces of the clan leaders were solemn.

"Patriarch, our share in the palm oil market is getting bigger and bigger. Is there any problem?" Manti felt a little guilty.

Although he felt that he had done well recently, there was no guarantee that there was anything he had not expected.

If something goes wrong, it will be bad.

Especially seeing the expressions of the clan leaders made him feel uneasy.

"You are doing well in the palm oil market, and you do occupy a large share. Only that kid Qiaogo can compete with us," Rab said.

Hearing this, Manti felt at ease, as long as it was not his problem.

"However, there is a problem in the traditional edible oil market." Rab added.

"Does anyone still want to resist?" Mandy asked a little doubtfully.

"How is it possible?" Rab said coldly, "If we don't attack them, they will have to thank God. How can they dare to provoke us? The problem now is that the palm oil market has a big impact on the traditional edible oil market. Palm oil The market is getting bigger and bigger, and it is crowding out the traditional edible oil market." These words made Manti stunned for a moment, and then he immediately understood.

His face turned pale: "Clan Leader, it shouldn't be that serious, right?"

"Yes, it's not too serious now. After all, the amount of palm oil imported is not large. But if it continues, as the import volume continues to expand, the impact on our traditional edible oil market will be greater and greater. Every day palm oil If you make a rupee, it is all stolen from our traditional edible oil market. No, the palm oil market has not made any money yet. They are doing business at a loss. It is equivalent to a double loss." Rab sighed. road.

"What?" Manti panicked, "Patriarch, are you planning to give up on the palm oil market?"

He had just become the person in charge and general manager of Palm Oil. If this company was revoked, then his position as the boss would be too short.

"We definitely can't give up on palm oil," Rab said. "If we really give up, I'm afraid that guy like Qiaogo will rule the world. How can we let him get involved in the edible oil market?"

Manti didn't know what to say for a moment. He couldn't think of how to solve this problem.

The traditional edible oil market is the basic base of our family, and we must ensure this.

For him, palm oil is his biggest reliance. If this project disappears, or if the importance of this project declines in the family, it will also affect his status.

"Manti, can you defeat that kid Qiao Ge in a short time?" Rab stared at Manti.

"Huh?" Mandy was surprised.

However, after seeing the fierce eyes of the patriarch, his mind changed sharply and said: "Chief, it is not easy to defeat Qiao Ge in a short time. I am afraid the price we will pay will be very high."

No matter what, I am now the person in charge of the palm oil industry, so I can’t say that I can’t do it, right?

If he really said that, the clan leader might immediately remove him from his post.

So whether it works or not, it must work.

"I know." Rab said solemnly, "If the time is extended too long, even if we can afford the price war on palm oil, we cannot accept the losses in the traditional edible oil market."

Originally, the traditional edible oil market was captured, and it was the harvest season here.

But the import of palm oil has caused a sharp decline in the sales of traditional edible oils. Not to mention making money, a lot of oil has been backlogged.

The larger the scale on their side, the greater the losses.

After thinking about it, I can only cut the knot quickly and drive Qiaogo out of the palm oil market. Then I can completely win the palm oil market with the power of my family.

When the time comes to integrate the edible oil market, we will be able to make steady money here.

"Patriarch, my method is this. That is to increase our imports of palm oil, and at the same time suppress the imports of other people, so that they have no palm oil to import. Naturally, they will not be able to make a difference in the palm oil market. What else can we do? Seize their share," Manti said, "Especially Jogo, who must cut off his palm oil supply abroad."

"That guy imports 2 tons of palm oil every month. It's not easy to cut off." Rab frowned and said.

Didn't the situation reported by Manti and himself just now mean that they only found a supply of 2.5 tons?
"Patriarch, that kid is different from ours. I divided it into 8 suppliers, but that kid seems to have only one supplier. It's just for one supplier, we don't care about the cost, just grab oil at a high price. Even if that kid Qiao Ge and that kid What kind of friendship does the family have with Binlin Company, but what does this friendship mean in front of money? I already know that it is a French company, and those foreigners are extremely greedy." Manti said.

Rab still agreed with Mandy's words.

Qiao Ge only has one supplier here, so the worst he can do is pay a big price to win over this company.

Without this supplier, it is basically impossible for Jogo to find another 2 tons of palm oil from other companies in Malaysia.

Without palm oil, what can Qogo do to occupy the palm oil market?
"Okay, you go to Malay again. You must win the Penglun Company at any cost. We will buy as much oil as the Penglun Company has. We can't let Qiaogo get a drop of their palm oil." Rab agreed. road.

"Then I will also look for other companies in Malay. Even if those companies have less goods, we will buy them." Manti said.

"Okay, go ahead and do it." Rab said, "Keep as much of the palm oil balance on the Malay side in our hands as possible. After the palm oil battle is over, you have to consider our own As an oil palm planting base, we must have our own supply of raw materials. It is too passive as it is now."

"Yes, Patriarch, I understand." Manti responded.

Oil palm planting bases are indeed very important, but they are certainly not feasible now. Water from afar cannot quench the thirst for water nearby. It will not be too late to consider these issues after we capture the domestic palm oil market.

Just two days after Mandy came back, she flew to Malay again. She was very busy.

But for Mandy, she was busy, but she was very happy in her heart.

Because this kind of acquisition allows him to control a large amount of funds, and having money in his hands means he has status. At the same time, he can just pull it, and there are countless private benefits.

This time, he was even more courageous, frantically looking for big companies to negotiate palm oil import business.

He has not yet asked these companies to ensure stable supply. As long as these companies have excess palm oil, they will purchase it at a high price. Once the contract is signed, various breach of contract liabilities are set very high.

He is afraid that these companies will default on their contracts so that he can ensure his supply of palm oil.

For a time, Manti became a celebrity in the Malay palm oil industry, a money-splitting boy who was loved by everyone.

However, Manti is not so happy because the price of palm oil continues to rise.

In fact, with the liberalization of palm oil imports in India, the price of palm oil has skyrocketed.

Now in Malaysia, it is not just him who is buying palm oil, but many other people in the country are also grabbing it.

This has caused palm oil prices to continue to rise.

The current price of refined palm oil has reached US$1400 per ton, and this price continues to rise.

If the price rises, then the price paid by Manti will naturally be higher.

However, he quickly put this aside.

No matter what the price, it was the family's decision, and he was just responsible for executing it.

Besides, the reason for burning so much money now is to let his family occupy the entire edible oil market as soon as possible, so that he can make money by then.

If you want to make money, investment is still necessary.

After almost taking down the scattered companies, Manti targeted Binlin Company.

During this time, he asked his subordinates to collect information about Binlin Company, because this was the main purpose of his visit.

Benlin Company is not only a large company with a large supply of palm oil, but it is also a supplier to Qogo.

So it must be taken.

"What did you say? The current person in charge of Binlin Company is an Indian?" Mandy couldn't help being shocked when she heard the report from her subordinates.

"Yes, his name is Fayez Gulmad."

"What's your background?" Manti naturally didn't know Fayes, such a name was too common.

"According to our investigation, he was the deputy general manager of Chaudhary Edible Oil Company."

"Chowdary Edible Oil Company?" Manti frowned slightly and asked, "This? Isn't this the edible oil company that used to be quite famous in Mumbai? Later it seemed that it was acquired by Qiao Ge?"

At this point, Manti's expression changed drastically and she said, "Could it be that this Binlin Company belongs to Qiao Ge?"

"Boss, it's unlikely, right?" said the subordinate, "According to our investigation, the assets under the name of Benlin Company may be 30 to [-] billion US dollars, or even more."

"So much?" Manti couldn't help but take a breath of cold air, "This is so good, it can't be that kid's. Qiaogo must have obtained palm oil through Fayes. It turns out that the relationship is here ah."

If two to three billion U.S. dollars were to be converted into rupees, he believed that he could still do it with Khogo's domestic assets.

But this is a foreign country, and rupees are not accepted here.

So such a big company has absolutely nothing to do with Qiao Ge.

"Yes, at the end of the year before last, after Fayez resigned from the Gupta Edible Oil Company, he went to Malay to work hard. I have to say that he is still very capable. He has achieved so much in just over a year. He became the person in charge of a French company. As the person in charge, he has the power to decide who will sell the palm oil under the company’s name.”

Being able to become the person in charge of a company in a developed country is certainly amazing and admirable.

"That's easy, let's start with Fayes." Manti smiled, "Even if he has some relationship with Qiaogo, we can still use rupees to make him dizzy. I don't believe he can resist the temptation. . And he was just an employee of Qiaogo Company before. Even if there is any relationship, how good can this relationship be? "

(End of this chapter)

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