1. At present, Qingshan Holdings holds a large number of empty orders, which is said to have reached 200,000 tons. If Qingshan Holdings doesn't want to buy more than one order and just wants to give you the spot, most of the long 200,000 orders can't find the position of the opponent, that is, you can't close the position. At this time, you can only bite the bullet and pick up some. Moreover, for Qingshan Holdings, it is obviously more cost-effective to deliver the spot, because Qingshan can borrow some spot at a price of more than 20,000 US dollars, and it is said that Qingshan has already raised 200,000 spot.

At this time, Qingshan can force the bulls to cut prices. For example, Qingshan is short at around $23,000. If he doesn't want to lose money, he won't accept the bull's price above $23,000 unless you drop it below $23,000. However, if the price of bulls is really reduced to less than $23,000 by an agreement, it will definitely be a loss, because the price of receiving goods from bulls is about $25,000 to $50,000, so we calculate it at an average price of $40,000, which means that the loss per ton is at least more than $654.38+07,000, and the loss of 200,000 tons is more than $3.4 billion. Therefore, if you want to close your position, according to the current situation, the bulls will definitely lose money.

2. If the bulls deliver the spot, the buying price is the price when they do it, that is, between 25,000 and 50,000 dollars. We calculate at an average of $40,000, so if we buy 200,000 tons of nickel plates, the bulls will have to pay about $8 billion, plus some extra storage fees, transportation fees and so on. This is not a small sum. After the bulls get the real thing, they can only sell it. At present, the spot price in electrolytic nickel is about 228,000 yuan per ton, or about 36,000 US dollars. According to the current price, it is basically a loss for bulls to take over 200,000 tons of nickel plates, with a loss of about $5,000 per ton and a loss of at least $654.38+0 billion for 20 tons.