Chapter 2157: Frontal toughness

Bai Rulei smiled bitterly and said, "The specific things were all done by people assigned by my uncle. I am just a figurehead."

As he spoke, he looked at Chief Bai, because he was not very clear about the specific situation.

Chief Bai said: "We have established stable contacts with overseas investors, and our decision can be announced at any time... Do you think the time has come?"

Liu Fusheng confirmed: "The time is ripe. Based on the purchase progress of international grain traders, it is not difficult to judge that they are in a semi-saturated state. Their funds can hardly support them to carry out large-scale purchases."

"To deal with this situation, international grain traders can make three choices. The first is to rely on the power of overseas countries, but the disadvantage of this is that it will make things too complicated, and our country will also have many countermeasures."

"If the state machinery is used to counter overseas capital, the four major grain traders will lose the initiative."

"Second, the possibility of international grain traders introducing new partners to strengthen their strength and respond to our offensive is also small, because one more partner means less profit."

"Finally, give up some acceptable profits, sell the food in hand, and continue to fight our country to the end."

Bai Rulei said in surprise, "Brother-in-law, are you saying that the four major grain traders might spit out the profits of other countries and regions and focus on fighting us to the end?"

Liu Fusheng nodded slightly.

Bai Rulei asked: "So what should we do next?"

Liu Fusheng smiled and said, "We need to release the gossip to the outside world."

Bai Rulei was completely confused and didn't know what was going on.

Liu Fusheng said: "My cousin now has enough grain to compete with international grain traders."

Bai Rulei said doubtfully, "No, it can't be possible. We have stored a lot of food, but I'm afraid we are not qualified to challenge them."

Liu Fusheng said: "The grain merchants give a discount according to the current price and sell the grain to those who are willing to invest to help them turn around, such as international hot money. I believe that the discount should be 70% to 80%... At this time, if there is a 40% discount on grain in the market, what do you think the hot money will choose?"

Bai Rulei finally understood. He sighed and said, "So my uncle asked me to stockpile food so that he could lower the price at this time."

The grain hoarded by the Bai family has multiple uses. For example, when the market is unfavorable to the country, it can be turned into national reserve grain to hedge against the potential risks caused by famine. On the other hand, when the four major grain traders give up their interests, they can suddenly appear to muddy the waters and disrupt their rhythm.

Once other countries and investment institutions follow suit and sell off their grain, the four major grain traders will lose all their money.

Therefore, Bai Rulei is a key step in the whole process.

Chief Bai said: "I will help you spread the news. Keep an eye on Tang Shaoxiong. He may try to deal with you."

Bai Rulei assured, "Don't worry. During this period, Tang Shaoxiong has been encouraging me to keep the grain in my hands. He said that the price will definitely increase in the future. He didn't doubt me when I took the initiative to contact some foreign businessmen. He already regarded me as a speculator who was only interested in making money."

Liu Fusheng smiled and said, "My cousin has successfully disrupted the grain merchants' financing plan. This is the first merit of this grain war. The country and the people will never forget you."

Bai Rulei smiled bitterly and said, "Brother-in-law, please stop teasing me. What I did before was really too ugly. If you and uncle hadn't woken me up in time, I'm afraid my end would have been very miserable."

Chief Bai and Liu Fusheng both expressed their full recognition of Bai Rulei's statement and the achievements he had made.

Soon, international grain traders heard a piece of news that a mysterious seller who had hoarded a large amount of grain was looking for buyers. The price this guy offered for the transfer of grain was only 60% of the market price.

This news made the four major grain traders look gloomy, and the international market was also in an uproar.

At a grain merchant gathering, a grain merchant slammed the table and angrily said, "Who the hell is this? He actually sold off a large amount of grain at a critical juncture. This is making things difficult for all of us! Does he have too much money to spend?"

The representatives of other grain traders also looked unhappy.

The message they released to international hot money was that they would offer 80 percent of the current grain price, which was enough to show their sincerity.

However, the mysterious seller offered a 40% discount right away. Normally, in this situation, there would be room for bargaining. In comparison, their 80% seemed not enough.

Another person said, "Should we consider buying all the food from the mysterious seller at 60% of the price? And then continue to look for partners at 80% of the price?"

The third person objected, "We don't have enough funds. The grain sold by the Republic is still on the market and we haven't had time to digest it. If time goes on too long, the price of grain will continue to fall. When we buy grain at 40% off and sell it at 20% off, the price at 20% off will probably be lower than 40% off."

The last person nodded silently and said nothing.

Faced with the sudden situation, they were all at a loss.

After a long time, the grain merchant who spoke first made the decision: "We must take action, otherwise the grain price will collapse faster."

The second person said: "We have no money. If we want to show our sincerity to the hot money, the best way is probably..."

The third person gritted his teeth and said, "Lower the price?"

The fourth person said: "The mysterious seller got a 40% discount, how much can we get?"

Everyone looked at each other, with helplessness showing on their faces.

The first person said, "50% off."

As soon as these words were spoken, the faces of the other three grain merchants' representatives began to distort. At that moment, their assets seemed to be shrinking.

In order to plan this global food crisis and wealth feast, the four major grain traders have been planning for who knows how long. Now they haven't made any money yet, but they have to cut so much meat. It is more painful than killing them.

Even though they know they will suffer losses, they have no better choice because the arrow is on the string and they have to shoot. If they don't cut their losses, their capital chain will likely be broken and the grain prices that they have worked so hard to hype up will collapse.

In that case, their plan would not only be aborted, but would be completely wasted.

The four major grain traders held a difficult and painful meeting behind closed doors, and finally decided to use a price that was more "sincere" than that of the mysterious seller to attract the power of hot money.

However, when they showed their sincerity to the outside world, international hot money had not yet responded, and the mysterious seller actually lowered the price to 40% of the market price. He was going to confront the four major grain traders head-on.