Lin Gao Qiming

Chapter 2548
Why are Australians buying cotton?This Nansha has just started operations, and tens of thousands of dollars have been invested and there is still no splash. If the price of cotton needs to rise so much, how can the factory continue to operate?

Thinking about it again, the next door to Wanguo Textiles is Guangzhou Guomian Textile Factory - such a large piece of land is enclosed to build a factory building, and tens of thousands of spindles must be turned together when the machine is turned on. Isn't it normal for Australians to start stockpiling cotton now? !

However, if this happens, future cotton prices will only rise.Chen Lin's heart couldn't help but tighten.

However, Dong Jizhong's next words reassured him: "However, the price of cloth has also risen recently. I heard that Australians are buying in large quantities recently."

"Why do Australians buy a lot?" Chen Lin asked with interest.

"Do you know Nanyang Company?"

"I know, I know, it was established not long ago, and it was said to develop Nanyang..."

"The development of Nanyang is to send the homeless refugees from all over the place to Jiaozhi and Nanyang to open up wasteland and farm land. These people need to eat, drink, and wear clothes, and they need seeds and farm tools for farming. Australians have to prepare them all. Can’t we tell them to go with bare butts and empty hands?” Dong Jizhong laughed, “Now in Guangzhou, not only cotton but also grain and all kinds of groceries have risen. Even hardware, which used to be falling all the way—the least valuable The iron nails have increased a lot. Why? These are the objects used by immigrants!"

Dong Jizhong's words enlightened Chen Linru.I have been immersed in the work of setting up a factory these days, and I have not understood the market outside at all.

"That's how it is! People who are in business should keep their eyes on six roads, listen to all directions, and keep abreast of business trends!" He said to himself.

"Little brother, you don't have to blame yourself," Dong Jizhong said with a smile, "Since cotton cloth has soared, the price of cotton yarn has also increased a lot. Whether you have cloth or yarn, you can earn a lot of money by selling it now. Today, the average price of cotton cloth in Guangzhou has risen by [-]%, and the price of middle and low-grade cotton cloth has increased even more.”

He seemed to have thought of something: "For the matter of cotton, I will help you to talk to the shopkeeper when I get back. Since you are Master Wu's nephew and the shopkeeper of Nansha Factory, you are considered one of your own. I will definitely help you with this matter. I am determined not to let you go home empty-handed."

"Thank you, sir!"

"You don't have to thank me. We are our own people!" Dong Jizhong looked at him with an expression that you understand, "Master Wu also mentioned you to me many times in the past, saying that you are the most honest and honest old man." The children of the Hu family, now that it is so true, I can trust you in Nansha!"

"Yes, the master's kindness of knowing you, the young one must remember it in his heart."

Seeing that the young man in front of him was very interesting, Dong Ji nodded secretly in his heart.

Both his father and elder brother were officials in the Ming Dynasty. Apart from salary, all kinds of gray income were quietly remitted back to Guangzhou through Delong's channels in the north. This is one aspect; but their gray income alone is actually still limited. After all, both father and brother are military officers, and they don't work in Guan Ning and other places where it is easy to get rich.Gray income is actually very limited.

To maintain a family's well-clothed and well-fed life so as not to decline, investment and growth is the only way.The Nansha textile factory is currently the largest investment project of the Dong family.

He now has a good impression of Chen Lin. Although his business acumen is obviously not as good as Wu Yijun's, he is indeed a person who can do things.

"This Wanguo Market is an excellent place to understand the market. Renting a shop here, whether to do business or not is second to none. The key is to know the ever-changing market. Australians do have vision and ideas!" Dong Jizhong said, "This The city of Guangzhou is full of gold, as long as you go to pick it up, I didn't believe it - now I believe it. There is no wine here, so I will replace wine with tea, congratulations on your prosperous business and wealth." , picked up the teacup.

Wu and Chen hurriedly held a cup to congratulate Dong Jizhong, and after some extra politeness, Wu Yijun saw that the time was almost up, so he signaled Chen Lin, and the two resigned.

Chen Lin originally wanted to talk to Dong Jizhong about the purchase of cotton—since the Dong family has a way in the north, this is a long-term plan.After walking a few steps, he complained, "...I still have a few words to say to the Dong family."

"What's the rush?" Wu Yijun smiled, "It's nothing more than a matter of cotton. Don't worry, although he is a dude, he still cares about his own business. Let's do business, don't spoil his interest, the time is almost... "

"When?"

"Look at the clock tower over there—can you understand the Australian numerals on it?"

"Isn't that Arabic numerals? It's almost two o'clock."

"Unexpectedly, you know a lot!" Wu Yijun quietly looked around and said, "Look across the street."

Chen Lin saw his cousin's description as wretched, so he knew it was not a serious matter.He didn't dare to make too much movement, but his eyes shifted slightly, and he saw a small sedan chair coming to the door of the teahouse, and the shopkeepers and assistants came out to welcome him, and when the curtain of the sedan chair was raised, a woman in Ming Dynasty costume came out...

"Could it be that this belongs to Second Master Dong..."

Wu Yijun nodded silently.After walking a long way, he said in a low voice: "This is a woman Dong Erye Xinna, who has never been known. The second master thinks that there are too many people in the city, so he bought her for her in the living area here. A courtyard, and rented a shop for her to operate."

"What? Let women do business?"

"It's not unusual for women to do business." Wu Yijun said with a smile, "There are so many women selling wine in the city..."

"It's all a small business, but it's a big business in this market!" Chen Lin was puzzled, "Besides, Mr. Dong himself was not a merchant, and he didn't know how to do business. He set up a store for women. What business can you do?"

"Who said there is only big business here? Isn't District A a place for small businesses? This woman's shop is in District A, and she is engaged in the business of exporting fine embroidery such as silk fans and handkerchiefs. Although the business has just opened , but already accepted a few orders from Europeans.”

Wu Yijun said with a little envy: "This Second Master Dong is really skilled. He can match up with such a woman! She is capable and beautiful."

Chen Lin wasn't too interested in this kind of gossip. He asked, "Cousin, where is our shop rented? I see that there are quite a few people here to visit the shop..."

"You don't have to worry about this. I've already picked up a shop, and I asked the manager to bid for it yesterday. Although it is said that the highest bidder wins, there are so many shops in the market, and I didn't choose any special Feng Shui place. Probably no one will compete with me. Nine out of ten can be won at the reserve price."

They are running a wholesale business here, and are not as sensitive to the location of the shop as retail, so they don't intend to invest too much money in renting shops.
After all, Wu Yijun took him to a shop in District B. The door of the shop was open, and there were workers inside who were decorating.Wooden bricks and tiles are piled all over the ground.

Wu Yijun told Chen Lin that the annual rent here is [-] yuan.In terms of Guangzhou, this price is also the rental price of first-class shops in the downtown area.
"Although the rent is expensive, it is worth the money. I also bought a courtyard in the living area here. I will stay here often in the future."

"Then, what about the old man's dried fruit business?"

"Let Ah Huan take over. He's almost thirty. There's no need for me to stare at him every day." Wu Yijun was quite emotional, "I'm a person who will soon know my destiny. You have to rush for a few years, this opportunity to make a lot of money is not something you can come across casually."

The two wandered around the market, met acquainted businessmen and chatted a few words, chatting about the current market of related products.Although some shops are not officially open, the shopkeepers and shopkeepers have already settled in, and they also go in to chat.

Walking down this circle, it was already past four o'clock in the afternoon.The two took the ferry and returned to downtown Guangzhou.Wu Yijun was very interested in talking, so he asked someone to prepare food and drinks, and the two of them talked about things over a drink. It was true, it was naturally a great cause for the future.

Compared to Wu Yijun, who was in high spirits, Chen Lin looked worried.Seeing this, Wu Yijun tried to persuade him, "A Lin, are you still worried about cotton? Don't worry, Erye Dong will definitely help you out, and it won't stop the factory from working. After all, he is also involved..."

"Cousin, that's not what I'm worried about." Chen Lin said, "I'm most worried about the price of the cotton now... I'm afraid there will be a huge disturbance from what people in the market said today."

"Are you talking about paper cotton?" Wu Yijun waved his hands indifferently, "As long as you don't speculate, nothing will happen! Besides, the cotton market in the second half of the year may be even higher."

"Cousin, have you ever thought about one thing? Cotton has skyrocketed. Although cotton cloth and cotton yarn have also risen, the increase is much smaller than that of cotton."

The supply of cotton in the market has not increased, and even decreased in the short term. However, due to the promotion and introduction of new machines, the output of cotton cloth and cotton yarn has increased sharply, and prices have actually shown a downward trend.

"...I just calculated the quantity and price of cotton cloth purchased by Nanyang Company in the "Commercial Monthly" in the past few months, and then compared the prices before this wave of market prices at the beginning of this year, deducting the price caused by Nanyang's purchases The rising factor, in fact, the price of cloth is falling."

These words caught Wu Yijun's attention, he put down his wine glass and asked, "And then?"

"Nanyang is just a company. After all, there is a limit to the cloth it can buy. And last month, its purchase volume has been reduced by half year-on-year. If it continues to decrease this month, the yarn and cloth in the market will be There is a surplus, and prices are bound to fall..."

A typical situation in the commodity market is chasing up but not down.Once the price of a certain commodity starts to fall, there will often be panic selling of the commodity by all parties, further depressing the commodity price.Falling below the cost price is an instant thing!
(End of this chapter)