Chapter 314 Stockpiling 100,000 Tons of Cotton



Since the opening of China's cotton market to foreign investment, Louis Dalfo, headed by Claude, has been like a keen-nosed wolfhound, quickly swimming into this market full of business opportunities.

Every year, the company steadily earns hundreds of millions of US dollars thanks to its presence and operations in the Chinese market.

Huge sums of money kept flowing into the company's account. Claude stood in the company's senior management office, looking at the constantly fluctuating financial data, a smug smile on his face.

This wealth made him famous in business circles and allowed him to live an extremely luxurious life.

He now lives in a top-tier luxury villa, decorated like a palace, with every piece of furniture worth a fortune; he owns several limited-edition luxury cars, attracting attention every time he goes out; he also frequently attends various high-end social events, chatting and laughing with celebrities from all walks of life.

However, for Claude, who was used to spending money like water, the profits from market trade could not satisfy his bottomless desires.

The next day, Claude's attention gradually focused on the futures market. He felt that the futures market was like a battlefield full of opportunities and challenges, and that if used properly, one could make a fortune in it.

He hoped to gain far greater returns than market trading by skillfully manipulating cotton in the futures market, so that he could continue his extravagant lifestyle in the United States.

In the United States, he was the center of attention in social circles, always surrounded by a group of beautiful women and flatterers.

Claude reveled in being the center of attention, and to maintain this lifestyle, he had to constantly acquire more wealth.

In the futures exchange lobby, Claude stared intently at the large screen. After a long while, he asked the blonde woman beside him, "Oniver, has the cotton purchasing in Brazil and Colombia been completed?"

Onif kissed him on the cheek and laughed, “Honey, Perez called this morning to say that the cotton purchase is complete and the cotton is being loaded onto a ship to be shipped back.”

Claude nodded in satisfaction upon hearing this.

Ever since Chen Ze made over 5 billion yuan in cotton futures two years ago, the entire cotton futures market has been thrown into turmoil.

Cotton futures prices also surged dramatically, soaring from [price per ton] to [price per ton]. The market was in an uproar, with countless investors drawn in by the frenzied rise, rushing into the cotton futures market hoping to get a piece of the pie.

Discussions about cotton futures are rampant in financial circles, as if cotton futures have become a shortcut to the pinnacle of wealth.

However, market fluctuations can be unpredictable. In just over two years, the cotton futures market was like a scene from a storm, left devastated.

Currently, cotton prices have fallen back to [price per ton], and the once soaring price increase seems like nothing more than a fleeting dream.

Daily trading volume plummeted, dropping from 390 billion yuan to 7 billion yuan, making the market deserted and completely extinguishing investors' enthusiasm.

The once bustling trading hall is now deserted, with only a handful of traders listlessly staring at their screens.

The decline in market demand this year has poured cold water on the already sluggish cotton market, resulting in a significant decrease in cotton sales and a continuous accumulation of inventory.

Textile companies have also significantly reduced their cotton purchases because the market demand for textiles is weak, and companies dare not stockpile large quantities of cotton.

Cotton prices have shown a clear downward trend.

Claude watched all this with a mixture of anxiety and anticipation. He knew this might be an opportunity, a chance for him to make a name for himself in the futures market, but it was also fraught with risk.

He kept weighing the pros and cons in his mind, thinking about his next move.

From last year to this year, Claude has been sending people to buy cotton at low prices in Brazil, Mexico, Argentina, Peru, and Colombia in the Americas.

He just returned from Mexico, Argentina, and Peru a few days ago with three large ships carrying cotton. Today, two more large ships carrying cotton are being loaded in Brazil and Colombia and are expected to return this afternoon.

Claude smiled smugly, "We've already stockpiled over 90,000 tons of cotton. Once those two ships return this afternoon, we'll have over 100,000 tons."

Oniffer said with a fawning look, "Darling, with our strong capabilities, we can easily short the Chinese cotton market. Even if the shorting fails, we have enough cotton available for delivery."

Claude lifted Onif's chin with two fingers, kissed her sexy lips, and praised, "You're very good. You've learned a lot from following me for two years."

"Oh, you're so annoying~" Onif twisted her body coquettishly and lightly punched Claude's chest. "Don't forget, I also studied finance in college."

She deliberately raised her chin, a hint of smugness in her eyes.

She paused, then put on a sweet smile, wrapped her arms around Claude's neck, and said coquettishly, "By the way, darling, when are you going to divorce that old sow at home? Then you can marry me in style. I can't wait."

As she spoke, her eyes sparkled with anticipation, as if she could already see herself as Mrs. Claude, enjoying boundless glory at various lavish banquets.

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