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Chapter 762: Game of Ilmenite
After listening to Wan Quanzhong’s words, Tang Xiaochuan thought for a while and asked: "You only said that the price increase of ilmenite was caused by Australia, Canada, South Africa, Tianzhu and other countries restricting the export volume. Is it because of them? Limiting the export volume causes the price of ilmenite to rise? But these countries are not the only countries that have ilmenite, at least my country and other countries have no restrictions on the export volume, right?"
Wan Quanzhong said: "Boss, there is no export of ilmenite in our country, but all the mined ilmenite is consumed domestically, and it is still not enough. It needs to be imported from abroad. At present, my country is the largest ilmenite ore. Importing country, and the domestic company that consumes the most ilmenite is our aerospace material manufacturing company!"
Although Tang Xiaochuan is the boss of Feitian Technology Group, he really didn't know that a subsidiary of his company would dare to be the largest ilmenite consuming company in the world.
"What are you talking about? Aerospace material manufacturing company's demand for ilmenite is No. 1 in the world?"
Wan Quanzhong nodded: "Yes, boss. At present, our company's aerospace material imports account for more than half of the global ilmenite export volume, and the exported aerospace materials account for 63% of the global aerospace material consumption!"
Tang Xiaochuan was shocked by this number, but he didn't show it on the surface, and asked: "Since the price of raw materials in the international market has risen by 15%, have the ex-factory and export prices of our aviation materials also increased?"
"Of course it has risen. Our supply prices to brother companies have increased by 20%. Of course, the prices for other domestic companies and export prices have to rise more, and the shipments must also be restricted! Now the international ilmenite The price has risen, and of course the domestic ilmenite price has also risen. However, the shipments of these mining companies are limited. If Australia, Canada, Tianzhu, South Africa and other countries continue to ban the sale of our company, our company will The supply of raw materials will not be interrupted, but I am afraid that even the materials of our brother's aircraft manufacturing company will not be able to supply enough!"
Tang Xiaochuan thought for a while and said: "I know this situation. Let me solve the problem of ilmenite raw materials. Your company does not need to worry about the shortage of raw ore in the future. I will supply your company in full, but you will Don’t limit the shipments of various aviation materials. If other companies want to purchase as much as you want, you can supply as much as they can afford!"
"In addition, the shipping price of aviation materials cannot be lowered just because I have solved the problem of raw ore for you. The shipping price of the company's aviation materials still has to rise in line with the rise in international raw material prices!"
Wan Quanzhong promised: "I understand this!"
Tang Xiaochuan was smoking a cigar, thinking in his mind, and thinking of one thing, he immediately said to Wan Quanzhong: "The mining companies in Australia, Canada, South Africa, Tianzhu and other countries must have seen our company's demand for ilmenite. Because of the large quantity, they have restricted the export volume, thereby raising the price, and wanting to obtain more profits. From a certain aspect, they also want to use this method to tie our necks, and they want to use this method to coerce us, after all If we do not have enough ilmenite ore, we cannot produce more aviation materials, and our company's interests will be seriously affected!"
"We can't be led by them. One of the most important issues is the issue of market initiative. Those foreign mining companies are determined that we must purchase their ilmenite to meet production needs, so they They dare to do this, but if we stop purchasing their ilmenite, they will be anxious!"
Wan Quanzhong nodded: "That's the way it is, they have decided us on this!"
Tang Xiaochuan thought and said: "I feel that someone behind these people should be manipulating them. Their purpose should not only be to make a fuss about the international price of the ore, but there should be other ulterior purposes!"
Wan Quanzhong said: "I have been thinking about this issue for the past two days. Why are the mining companies of these different countries so united? There must be a lead. This lead company unites these mining companies and persuades them. Unite to raise the export price of ore through the prohibition of sales, so that these mining companies will have money to make money, and this company that manipulates them behind the scenes may be able to achieve its ulterior motives!"
"Your guess is very reasonable!" Tang Xiaochuan said.
Wan Quanzhong asked at this time: "Boss, do we really need to consider the issue of ilmenite ore?"
"No, I guarantee you have enough ilmenite ore for smelting!"
"I'm relieved!" Wan Quanzhong breathed a sigh of relief. He said, "Boss, if this is the case, I have a way to bring out this company hiding behind the scenes!"
Tang Xiaochuan took a sip of his cigar and raised his hand: "Tell me!"
Wan Quanzhong immediately said his thoughts.
This afternoon, Feitian Technology Aviation Material Manufacturing Company issued an announcement stating that due to export restrictions in certain countries, the company’s ilmenite raw materials were in short supply, so the company had to restrict the production of various aviation materials. Shipments, while increasing the price again, please understand and support each customer.
After this announcement was released, it immediately caused an uproar in the industry. The price increase of ilmenite is no longer news. It started to rise last week, and it has risen by nearly 20% this week, but many people in the industry It is not clear that mining companies from several countries united against Feitian Technology Aviation Material Manufacturing Company.
Now Feitian Technology Aviation Materials Manufacturing Company has issued such an announcement, making people in the industry aware that there is a big problem and they are aware of the unusual.
Although it is unlikely that Feitian Aviation Materials Co., Ltd. will go bankrupt due to the ban on the sale of ilmenite ore abroad, the shortage of raw materials is enough for the company to drink a pot. After all, insufficient raw materials will have a serious impact on production capacity. , Which in turn affects the revenue of the entire company.
People in the industry conducted extensive discussions and speculations on the announcement issued by Feitian Technology Aviation Materials Manufacturing Company in professional forums.
Some people speculate that these countries restrict the export of ilmenite ore due to the international situation. Others speculate that this is likely to be specifically aimed at the motives of Feitian Technology Aviation Material Manufacturing Company. It is not a secret that the export of high-end aviation materials accounts for 63% of the global market.
The international price of ilmenite is rising rapidly. Because of the announcement issued by Feitian Technology Aviation Materials Manufacturing Company, the futures prices of ilmenite on various stock exchanges around the world have directly risen and closed three times in one afternoon.
By the opening of the next morning, the futures price of ilmenite rose by 50% in the form of a vertical line on the basis of the closing price yesterday afternoon.
Countries restrict export volume, not all of them are banned. Exports are still available, but the volume is not as large as before. This gives mining companies in various countries the opportunity to raise prices on their own initiative.
Only three days later, the international ilmenite futures price has tripled, which almost shocked everyone in the industry.
Looking at the trend chart of ilmenite futures prices on the global stock exchanges on the computer, Feitian Technology Aviation Materials Manufacturing Company paid a lot of money and touched his chin, thought about it, picked up the phone on the desk and dialed a number.
After the call was connected, he immediately said: "I am Wan Quanzhong, I have something to report to the boss!"
"Hold on!"
Tang Xiaochuan's voice soon came through the phone: "I am Tang Xiaochuan!"
Wan Quanzhong immediately said: "Boss, the international futures price of ilmenite has tripled in three days!"
"Oh? Is it rising so fast? Okay, I know, you are like this, tomorrow morning your company will announce that it will temporarily stop importing ilmenite from abroad!"
"OK!"