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Text Chapter 2601: Plunge

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    Capital, 5 o'clock in the morning.

    When ordinary people are still sleeping, Xinfa Market is already bustling with traffic and traffic.

    Qu Qin is a small vendor at the farmer's market in the Capital District. Like other small vendors, he comes here to wholesale vegetables at around 4 o'clock every day, and then drags it back to the market around 6 o'clock. After tidying up, he has to open his stall around 7 o'clock.  Doing business.

    Xinfa Wholesale Market is the largest agricultural product wholesale market in the capital area and even in the country. It covers a very large area. Each area is divided into categories. Hundreds of vegetables, meats, fruits and vegetables are sold wholesale here. It is the largest agricultural product market that supplies the capital.

    Qu Qin sells vegetables. He came to several wholesale stalls that he was familiar with. He skillfully selected the vegetables he wanted, put them on his cart, and prepared to drag them to the large tricycle outside and then go home.  .

    But when he was walking back, he suddenly saw a lot of people rushing toward a place, and he was startled.

    When he happened to see an acquaintance, Qu Qin grabbed him and said, "What are you doing? Something happened?"

    "No, someone dragged a truckload of garlic to sell it. I heard it only cost 2.5 yuan!" The acquaintance said as he ran towards the large army.

    When Qu Qin heard this, he couldn't hold himself still. He quickly put the cart aside, greeted the vendor next to him, and followed him regardless of whether others agreed or not.

    After the National Day, the price of garlic still did not drop. The wholesale price of garlic shipped to the capital has instead risen to about 3.5 yuan. Compared with about 0.8 yuan last year, it is a sky-high price.

    After Quqin wholesales some products and reaches the market, the retail price has to be raised to 5 yuan per catty in order to make some money.

    But because the price of garlic is too high.  Therefore, customers who buy are much more cautious and buy very little, goods that are three days old.  There are still quite a few left.

    Now I suddenly heard that the price of garlic has been reduced to 2.5 yuan per catty, so taking it back and selling it for 3.8 yuan is enough to make money.  You can sell more, this is an opportunity to make money!

    When Qu Qin rushed over, he found that the unloading area was already crowded with people. Everyone squeezed in front of a heavy truck and were shouting something.

    "2.5 yuan per pound, 2.5 yuan per pound, that's right! Just weigh it and get paid!" The two drivers shouted loudly, facing everyone who asked.

    ??You can trade directly in the unloading area here.  There are large and small scales next to it.

    I saw a few workers standing at the door of the open carriage, taking out bags after bags of garlic, and the people over there started to fight over them.

    "I want three bags!"

    "Thirty bags!"

    "One hundred bags!"

    "Half a car!"

    "I want all of this batch of goods!"

    There was a lot of commotion at the scene, as if someone was trying to grab something.

    At this moment, a group of people suddenly surrounded a truck not far from here.

    "What? 2.3 yuan a pound of garlic? Really?"

    "Two bags, hurry up!!"

    Qu Qin happened to be on the periphery. When he heard the sound, he rushed over and saw another heavy truck.  It's full of garlic.

    ¡°There¡¯s one here too¡­it¡¯s still 2.3¡­¡±

    "Three more cars came over there, and they only cost 2.28 yuan!"

    ""

    As more and more vehicles come in, everyone is dragging them over.  They also started to continuously cut prices, so the noise became even more noisy.

    Because prices are constantly falling, everyone doesn¡¯t know where to buy goods.

    As a result, Qu Qin didn't care about it anymore. When the price finally dropped to 2.1 yuan per catty, he bought three bags of 300 catties. Then he rushed back to his vegetable stall and quickly sold the goods at the price of 3 yuan per catty.  The goods were all sold out in the morning.

    He had long heard that garlic would continue to come in the afternoon, so he went to Xinfa Market after lunch.  What I saw was as many as 30 to 50 heavy trucks waiting to be queued up to get in, all of which were towed with garlic.

    Calculated based on the average load of a heavy truck of 50 tons.  More than 3,000 tons of garlic came in today!

    Such a large amount has not been seen in the past few months.

    What¡¯s more, the prices are getting cheaper and cheaper.  Some people say that today the price of garlic will definitely drop to 1.5 yuan per pound.

    Although Qu Qin thinks the price is too exaggerated, you can probably buy it for around 1.78 yuan.

    ?According to the drivers, they came from Sichuan, Xiangshui, and Caiyun, and the garlic merchants thereThe shipping price plummeted the next day, basically only 1 yuan per pound.

    So someone organized 1 million tons and prepared to sell them to northern cities one after another.

    And not just in the capital, there are about 1 million tons in the east, ready to be sold to various places in the south of the Yangtze River.

    Good guy!

    Thinking about the fact that a full 2 ??million tons have been put on the market, and the daily consumption in the capital is only six to seven hundred tons, today they sold about five days' worth. If so much comes back in a few days, how much will the price of garlic drop?

    Even though Qu Qin couldn¡¯t control that much, he bought another 1,000 kilograms in the afternoon and went back to sell it.

    According to the enthusiasm of the customers in the morning, they did not know that garlic would be shipped in such large quantities recently, so if they took this opportunity to sell it to them at a suitable price, they would definitely buy several kilograms or even more than ten kilograms.  Go back and leave it.

    There are many small traders who think the same as Qu Qin, and even supermarkets do the same thing.

    So in the afternoon, everyone who went out to buy vegetables suddenly discovered that the price of garlic had miraculously dropped to a low price of 2.8 kilograms.

    Although it is much more expensive than the first half of the year, it is almost half the price compared to yesterday!

    Everyone has the idea of ????picking up bargains, so many small vendors, including Qu Qin, made one to two thousand yuan on garlic today, which can be said to be a huge profit.

    But in the evening, the news was broadcast.

    Looking at the heavy trucks loaded with garlic that the reporters saw during the interview, and listening to the drivers talking about how 2 million tons will be put on the market, which will be enough for everyone to eat for as many days as possible, the adults and mothers who bought a lot of garlic,  Only then did he start to scold these vendors for being unethical!

    They don¡¯t know that China¡¯s annual garlic production is only about 4 million tons. How could it be possible that in such a short period of time, 2 million tons were invested in the northern and Jiangnan markets?

    Many small traders who were hoarding garlic were frightened when they saw it. They were afraid that the big traders thought it was time to sell their goods, so they sold large amounts to make a profit and left the market, leaving their goods to be sold.  Don't go out and bear the loss.

    But they are not so unstable and are ready to wait for another two days to take a look.

    The big traders also frowned a little. Although they are used to exaggerating on TV, if there are other competitors who want to make a profit and leave, it will also tie up the goods in their hands.

    ¡°Well, let¡¯s wait two more days and see.

    Unfortunately, in the next two days, more than 5,000 tons of garlic were still shipped to the capital and Dongfang markets every day. Along with the surrounding Jinwei, Jiangnan and other markets, tens of thousands of tons of garlic poured into the market, and garlic prices responded.  And descend.

    Seeing an almost continuous flow of heavy trucks entering the wholesale market, the market price of garlic has continued to drop to 2.3 yuan, and the wholesale price has dropped to an ultra-low price of 1.5 yuan. Now the small-scale garlic merchants cannot stand still, and they all swarm.  were sold to wholesalers who purchased garlic.

    ¡°Anyway, the price of garlic in their hands is only 20, 30, 30, 50 cents, and now they have made a lot of money at this price.

    Wholesalers who bought garlic quickly loaded the goods into trucks and shipped them to wholesale markets in various cities.

    They won¡¯t go to the capital and the east. If too much garlic hits those places, the price will definitely not rise.

    So they are rushing to the market in second- and third-tier cities, where they can still sell at a good price.

    As the surrounding garlic dealers continued to ship goods, more garlic dealers became unsteady and began to ship goods.

    This trend spread to those traders who stocked the most goods. With such large-scale shipments and plummeting prices, it was useless for them to hold on, so they also joined the ranks.

    Those who have been hoarding goods are not miserable, but those merchants who bought garlic at high prices are miserable. Not only did they not make money, but they suffered a huge loss, but they had to sell the goods, otherwise they would miss the opportunity and lose the money.  .

    Just like that, within just one week, the price of garlic plummeted by 60%, returning to a normal price range.

    Although many people are shipping, what is a bit strange is that the price of garlic has not plummeted to the price of cabbage. Although many garlic merchants are wondering about this, now is a good time to ship, and they don¡¯t care so much.  .

    In fact, many people have not seen that in various large wholesale markets, many merchants are buying garlic in large quantities, loading them all into trucks, and transporting them to dozens of cold storage warehouses around the city.  in.

    It is because of such large purchases that the price of garlic has not fallen to the bottom.

    ? ? ? ? ? ? ? ? ? ?Naturally, the people were happy. They were all complaining that garlic was too expensive and they could hardly afford it. However, the price of garlic suddenly became cheaper. It¡¯s great!

    Their happiness is based on the loss of Fairy Company reaching 2 billion.

    Hou Mutai and the others purchased a total of 300,000 tons of garlic in places like Shuchuan and Caiyun, and invested heavily in the markets around the capital and the East. Even if this batch of goods was not sold out, the garlic merchants could not stand still, and then they  Just constant receipts.

    ?????????????????????????????????????????????????????? The losses reached this much, not including the payment for millions of tons of goods?

    Overall, this transaction was a huge loss.

    But Xiao Qi is very happy to attack these guys who only know how to drive up prices, so that they will not dare to be so presumptuous in the future. This gain is much greater than just making money!  (To be continued)
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