186: Breaking news! Loquat prices have gone up!
Chen Kai silently calculated with his calculator, and after a long while, he was startled.
Today's income had actually reached over three hundred thousand!
A single big black ten had sold for two hundred and eighty thousand, and adding the over eighty thousand from reselling ginseng, he had earned over three hundred and sixty thousand in just one day!
Chen Kai rubbed his hands together with satisfaction. With his current net worth, buying a house would definitely not be a problem.
However, after buying a house, he would have no liquid capital, so he still needed to save.
He needed at least one million in liquid capital in his hands before he could go buy a house.
This was the most basic condition, and sometimes one million was not enough for investment. To have sufficient liquid capital, he needed at least around one point five million; that way, it would be enough to invest in anything he wanted.
Chen Kai calculated silently; if he just worked for another month, he might be able to buy a house! By then, he could just move out of this Rental House.
He could forgo the rent, but the deposit had to be refunded.
He glanced at the time on his phone; it was almost evening. He decided to just grab a casual meal at a roadside restaurant before returning to the Rental House.
By the time he got home, it was already twelve o'clock midnight.
Chen Kai rubbed his hands together excitedly. "I wonder what kind of system intelligence this will be this time."
He clicked on the Intelligence System to refresh it right on time. The next moment, the Intermediate Intelligence suddenly refreshed and appeared on the system panel in front of him.
【Ding!!!】
【Today's intelligence refreshed!】
【Today's Intermediate Intelligence refresh: At 11:00 PM tonight, Jiangnan City will be hit by the landfall of Typhoon "Sea Siren". Jiangnan will experience heavy rain and storms for three consecutive days, causing the loquat fruit to be damaged by the Typhoon, and the price of loquats will suddenly surge. The source market price will rise from 3 yuan per catty to 15 yuan per catty.
The Qiuqiu loquat Jam factory will face a sudden supply disruption, leading to a shortage of 7500 catties of loquats. In three days, the host can trade the fruit source to the Qiuqiu loquat Jam factory.】
【Note: The period of reduced loquat production this time is 10 days. After ten days, others will sniff out the business opportunity and transport loquats from surrounding provinces.】
Chen Kai immediately gasped. Damn! Another thing that needs to be stored?
However... he roughly calculated the profit, and this thing had ridiculously high profit margins!!
Buying in at the initial three yuan per catty, with a total shortage of seven thousand five hundred catties, that was equivalent to... buying thirteen thousand worth of loquats would be enough!
Later, when it rose to 15 yuan per catty, a rough estimate showed he could earn ninety thousand on this deal!!
Today's Intermediate Intelligence was extra valuable!
Chen Kai immediately rubbed his hands together excitedly and specifically looked up storage methods for loquats online.
However, TikTok showed that this thing, loquats, couldn't be stored for long, at most refrigerated for seven days.
He also calculated the area of the Cold Storage; he would need to rent a 20-cubic-meter medium-sized Cold Storage this time, but it wouldn't cost much.
"Hiss... doesn't this mean I have to run to an Orchard again tomorrow?"
This season was the perfect time for harvesting loquats. There were some for sale in the market, but the production volume certainly wasn't that large.
Even if he bought out the entire market, he wouldn't be able to scrounge up that much.
Moreover, he wasn't the only one in the market; there were many middlemen. Just as the intelligence said, when Jiangnan City ran out of loquats, middlemen would come sniffing around.
"Then I can only pre-book the Cold Storage and go to the market to find a fruit farmer to follow back to their Orchard."
Chen Kai muttered to himself, searched for nearby Fruit Markets, made all the preparations, and then set his alarm and fell into a deep sleep.
...Early the next morning, Chen Kai got up early to the vibration of the alarm.
After quickly washing up, he hurriedly changed his clothes, went downstairs, and drove towards the largest nearby Fruit Market.
In less than half an hour, Chen Kai parked his car at the entrance of the Fruit Market.
Chen Kai looked out; the place was thriving, with many people driving small trucks directly to stock up.
loquats and plums occupied the bulk of the Fruit Market.
Actually, calling it a Fruit Market was less accurate than calling it a wholesale Fruit Market. Very few local residents came to this kind of place to buy fruit; it was cheap, but they wouldn't sell small quantities.
He walked quickly into the Fruit Market and strolled around.
He discovered that the normal selling price for loquats was four or five yuan per catty, and if buying in bulk, it was four yuan or three point five yuan.
"Hiss... this price is still a bit high."
Chen Kai muttered, and seeing someone shouting that their fruit was available for tasting, he approached.
"Fruit from our own Orchard! Available for tasting! Four yuan per catty!"
He casually picked one out of the loquat crate.
He peeled and tasted it, discovering it tasted pretty good and was quite sweet.
He glanced at the old man sitting behind the loquat crate and found the old man looking at him with full anticipation.
"Your fruit is quite delicious. Why is no one buying it? It's so quiet here?"
Chen Kai asked curiously, afraid there might be some trickery.
When this was mentioned, the old man's eyes instantly dimmed with disappointment. He silently lowered his head and wiped his eyes with his calloused hands.
"Boss, will you buy some? My loquats usually sell very well. My daughter usually sells them online, and every year the loquats sell out; some people even pre-order next year's loquats."
"But... but my daughter... she passed away in a car accident this year. I don't understand the internet, and because we sold online previously, I don't have any regular boss clients."
"Other people's fruit gets bought... if my fruit isn't bought soon, it will rot in the fields."
Chen Kai raised an eyebrow. Hearing this, he couldn't help but feel a bit sympathetic.
Might as well just buy from this one.
"How many mu of land do you have?"
"We have over three mu of land. Every year, our old couple basically relies on selling loquats to earn some money."
The old man said sadly. This year, they had only sold less than half a mu's worth of loquats. If the rest weren't harvested, they would really rot in the fields.
He and his wife were counting on these loquats to live.
If this batch of fruit rotted in the fields, they would have no income at all this year.
Hearing this, Chen Kai didn't quite know how to comfort the old man.
Losing a child in old age, the white-haired burying the black-haired. Sigh...
"How about this, what is your yield per mu?"
"We have three mu of land in total. There should be over two mu left now, which should total over seven thousand catties."
The old man thought carefully; that was roughly the amount.
Chen Kai raised an eyebrow; that was just right.
The system intelligence said 7500 catties, so to be safe, he had to buy fifty catties more.
This thing had high spoilage, and well... it was prone to damage during transport and storage.
He could earn twelve yuan more per catty, so why wouldn't he buy more? This was all money.
Although it was small money, it shouldn't be wasted, right?
"Sir, can your two mu of land produce 7550 catties of fruit?"