Chapter 100 Selling Off Soybeans



The emperor issued an edict ordering all counties in the country to publish the tofu recipe.

At this moment, Li Qingzhang had already arrived at Daze Prefecture with the prepared soybeans.

Daze Prefecture is next to Ning'an Prefecture, but its situation is different from that of Ning'an Prefecture. Daze Prefecture is economically developed and has a famous tribute ink called Ze ink.

The air is thick with the scent of ink, and ink workshops of all sizes abound.

Li Qingzhang came here because Daze Prefecture has a port with many merchants coming and going. Here, he can sell his soybeans as quickly as possible.

The Li family had no way of obtaining news from the capital, but they also had their own wisdom.

Based on their walking distance, they roughly figured out when the palace would receive the message. Magistrate Lin had also revealed that the prefect had sent it out with utmost urgency, and that the emperor, if he were a normal person, would not have missed their message.

Furthermore, merchants have the keenest sense of smell; they will react immediately to any slight movement in the court.

Li Qingzhang arrived here early so that he could be the first to notice what was happening.

Sure enough, they discovered the clue: the price of soybeans suddenly dropped.

It's soybean season right now, so price fluctuations are normal, but Li Qingzhang keenly sensed something was amiss.

The price of soybeans fell again the next day.

Many people are pessimistic about soybeans, saying that the market is bad this year and the price of last year's soybeans has fallen even more sharply.

"Someone is manipulating the market!"

After analyzing the recent market price of soybeans and the volume of buying and selling, Li Qingzhang figured it out.

First, a significant amount of last year's soybeans were released, which lowered the price of old soybeans and squeezed the market price of new soybeans.

As he released a large number of them, if he was right, news from the imperial court would surely arrive.

Soon, other people will be buying up soybeans before the news comes out, and in large quantities, in huge quantities.

He had 100,000 shi of grain, a terrifying amount, but it would only be consumed in two days in this dish.

He wasn't the only one who came this time; Li Xuming also came.

"Dad, someone's manipulating the market. Do you dare to take a gamble?"

Li Qingzhang became excited.

"What?! Don't be ridiculous, all our family's money has been poured into this."

Li Xuming is also under a lot of pressure. His family's assets are all tied up in these soybeans, so he really can't afford to relax.

He didn't dare to act recklessly; he just wanted to wait for the price to rise so he could sell everything at a suitable price.

Having followed Huang Dou for over a month, Li Qingzhang naturally wouldn't give up the opportunity and continued to persuade him.

"Dad, those people are definitely trying to drive down the price of soybeans by constantly releasing stock while another group of people keep buying them. They must still have a lot of stock left."

Once the imperial court issues its order, the price of soybeans will surely rise, and they will definitely make a fortune.

"Father, do you believe me?"

Li Xuming looked at his son.

After more than a month of training outside, his skin had become quite tanned, but at this moment, his son, like a sword drawn from its sheath, shone with a brilliance.

He opened his mouth without thinking.

"What are you going to do?"

Li Qingzhang laughed heartily.

The way to do it is naturally like the mantis stalking the cicada, unaware of the oriole behind.

"What's going on! Why are there other people harvesting soybeans too? Mr. Mo, you need to give us an explanation."

"Yes, Mr. Mo, we've staked everything on this. You don't have other business partners outside, do you?"

In a restaurant, a group of people gathered together, filled with righteous indignation.

A middle-aged man with a mustache looked indifferent.

"If you don't trust me, you can just take your share and leave."

This group of people was nothing more than a rabble he had gathered, a tiger fallen into the plains being bullied by dogs, and yet these few dared to question him.

"you!"

"Mr. Mo is joking. We are just afraid that the news will leak out and others will figure out our actions."

"Isn't it normal for information to leak out? The imperial court is open to the public, so it's not surprising that people with connections can get the news."

Mr. Mo remained unsparing in his words, and the person who had spoken earlier looked somewhat embarrassed.

"If you want to make money, you have to be patient. With so many people and such a large scale here, how much can you collect from individual customers? Just wait and see."

Not wanting to offend all of them, Mr. Mo offered an explanation.

The others calmed down after hearing these conciliatory words.

“Mr. Mo is right. We have lost our composure. This time, we will rely entirely on you.”

"No need, I have already received my payment."

Taking advantage of the continuous drop in prices, Li Qingzhang went directly to the money exchange and used his workshop as collateral to borrow a large sum of money. For several days in a row, he kept buying soybeans.

Li Xuming would hide in his room every day and mutter to himself, this newborn calf is not afraid of tigers, not afraid at all.

In truth, Li Qingzhang was somewhat unsure of himself, but the thought of the wealth he could gain for his family gave him some courage.

After making his move for several days, Li Qingzhang stopped.

The 100,000 shi of soybeans in the Li family's hands also turned into more than 130,000 shi.

When Mr. Mo's people saw that Li Qingzhang had indeed stopped buying after purchasing tens of thousands of shi (a unit of dry measure), they all breathed a sigh of relief and began to praise Mr. Mo's foresight.

They continued to absorb the scattered supply in the market using the same method, and after a few days, news from the imperial court finally arrived.

The price of aged soybeans has jumped to six coins, which is comparable to the price of new soybeans in previous years.

Merchants who had dumped all their soybeans because the market was so bad are now kicking themselves.

Unfortunately, there's no going back.

Meanwhile, other individual buyers, seeing the soaring price of soybeans, also began to enter the market to buy soybeans.

This chapter is not finished, please click the next page to continue reading!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List