In just one day, the price of frosting tripled, and Ning Ze finally saw what a crazy market was.
A group of people surrounded Ning Ze, talking about something at once, and Ning Ze's head was buzzing.
The only thing these people wanted to say was, they wanted it back! They had to get the sugar they sold to Zhao Gongming back!
What a joke, it has tripled in just one day, what will happen in two days?
But this made Ning Ze feel troubled. He looked around with a frown and said, "But we have already signed a contract with them. If we breach the contract, we will have to pay double compensation to them. This was signed under the witness of the government and the central bank. We can't break the contract."
"It's just double the compensation. Even if we give it to him, we'll still make a profit!"
"Yes, the price has tripled now. Can you guarantee that it won't continue to rise tomorrow?"
"He went on a buying spree in our market yesterday and bought up a large amount of icing sugar. Now the price of icing sugar on the market will definitely remain tight. As long as we can hold on to the icing sugar, the price will definitely continue to rise!"
Looking at these people talking to each other, Ning Ze just thought they were noisy.
He snorted coldly and said, "Stop talking. Just a price difference of one or two times is enough to make you go back on your word and make a fortune. What are we doing? We're in business! What's the most important thing in business? Reputation, of course."
"Today, you asked me to break the contract because the price of something went up. Who would dare to do business with us in the future? If you ask me to do this, where will our Ning family's century-old reputation be?"
The more Ning Ze talked, the angrier he became, almost to the point of being furious.
But don't get me wrong, the reason why he was so angry was not because he really cared about his reputation, but because he wanted to tell the people present that if you want me to tear up the contract, it's fine, but you have to pay more!
Everyone present is a smart person and knows the ins and outs of this very well.
Some people are naturally unwilling to do so. They think that this deal was originally arranged by you, Ning Ze, and now everyone has lost so much money, so you have to be responsible.
But more people think that it doesn’t matter even if Ning Ze gets some benefits. Looking at the current market conditions, the price of sugar will continue to rise.
So everyone quickly reached a consensus that Ning Ze must immediately find Zhao Gongming to tear up the contract, and each of them would take out a portion of the frosting to compensate Ning Ze.
With these people's guarantee, Ning Ze felt relieved, so at noon that day, he set up a banquet to specially entertain Zhao Gongming.
Although he came to tear up the contract, Ning Ze felt that he was a person of status and could not make things too ugly.
Actually, it cannot be considered as tearing up the contract. We want the frosting back, and as for the penalty, we will just pay it.
This can be considered as fulfilling the contract, so there is no need for both parties to fall out.
After the two sides met, Ning Ze, just like before, did not rush to talk about business matters, but first drank and chatted with Zhao Gongming.
When the atmosphere was almost calm, Ning Ze said with a smile: "Brother Zhao, there may be some unexpected changes regarding the icing."
Zhao Gongming raised his eyebrows and raised his wine glass with a smile, saying, "I don't know what happened. Could it be that you guys don't want to sell it anymore? If that happens, it will be difficult. After all, we signed a contract. You will have to compensate me double when the time comes."
Even though he had prepared himself mentally, as a businessman, breaking the contract was not an easy thing to do. Ning Ze still broke out in sweat. He wiped the sweat off his forehead and said, "I won't beat around the bush with you, Brother Zhao. The price of frosting has fluctuated greatly this morning. It has tripled from the previous day. If we still sell it to you at the previous price, we will lose a lot of money!"
After hearing this, Zhao Gongming didn't get angry. Instead, he looked at Ning Ze curiously and asked, "So what are you going to do? Not sell it? Just compensate me directly?"
Ning Ze gritted his teeth and nodded, "It's like this. I'm just wondering if Brother Zhao can ease up on the compensation amount?"
Zhao Gongming chuckled and said, "Since you are the ones who broke the contract, there is nothing more to say. As long as the Ning family prepares the money, it will be fine. I wonder when the money will be in place?"
In fact, Ning Ze came here with money, and these sugar merchants all felt that things could not be delayed.
The price is already three times higher now. Who knows what the price will be tomorrow? The longer the night, the more trouble you have!
So Ning Ze simply took out the Central Bank's banknote and said, "This is compensation. Do you think our contract can be terminated here?"
Zhao Gongming glanced at the items on the table, but didn't rush to grab them. Instead, he took a leisurely sip of his wine and said, "Boss Ning, are you sure the price of frosting will continue to rise? Since you're in this business, you should understand that this is a luxury item. Its price is relatively stable, and not many people can afford it."
"Icing sugar's price has gone up for no apparent reason. Don't you think this is strange? Could it be that I bought a large amount of it at the market the day before, causing the price to go up so abnormally?"
"Now that I'm not buying up stocks anymore, do you think it still has room to rise?"
After listening to Zhao Gongming's analysis, Ning Ze became a little hesitant.
What Zhao Gongming said made sense. His family had been in the sugar business for many years, and the price of frosting sugar had indeed been very stable.
My dear, there is more to this chapter. Please click on the next page to continue reading. It will be even more exciting later!
Continue read on readnovelmtl.com
