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    YOUNGOR'S Own Cotton Field Has No Fear Of Soaring Cotton Prices.

    2010/9/29 14:28:00 29

    YOUNGOR Has Its Own Cotton Fields Under Pressure.


      

    Youngor

    Director of the office staff recently revealed that the recent rise in cotton prices to bring downstream businesses.

    pressure

    But YOUNGOR 95% comes from the company.

    Own cotton field

    Therefore, there is little impact and no plans to adjust the selling price.


    According to the financial network quoted by the staff, the higher cost of raw materials will have some impact on the company's profits, but the impact is not big.

    The company owns its own cotton field in Xinjiang, and produces the top Xinjiang long staple cotton, that is, Xin Hao cotton, which supplies about 95% of the total demand, and the remaining 5% of the demand is imported.

    The company did not plan to raise sales price because of the rising price of raw materials.


    In this regard, Dr. Li Guoxiang, a Research Institute of rural development of the Chinese Academy of Social Sciences, said that textile and clothing enterprises own their own cotton fields to ensure the quality and supply of raw materials, and to stabilize prices and increase profits.

    Accordingly, the complexity of industrial chain management is also increased.

    If we have a scientific and effective management mode, it will bring a lot of profits to the enterprises. On the contrary, investment and return are disproportionate.

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    Read the next article

    Xinjiang'S Scale Increased Rapidly By &Nbsp, While Cotton Planting Area Was Compressed.

    According to the statistics of the development and Reform Commission of the Xinjiang production and Construction Corps, the cotton spinning scale of the Corps was 1 million 800 thousand spindles in 2008, reaching 2 million 250 thousand ingots by the end of 2009, and the planned expansion to 3 million ingots in 2010, with an average annual growth rate of 29% over the 3 years.

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