Thursday 24 July 2014

Cotton Purchase

China’s cotton market players embody cotton farmers, buyers, ginneries, domestic traders, international traders and spinning mills. there's no strict work division between them. ‘Buyers’ means that the cotton dealers, i.e., people who get the seed cotton from the cotton farmers for commercialism to ginneries. With bank loans, several Chinese traders conjointly directly participate in getting and process. in addition, consistent with the protocol for connection global organization, when one Gregorian calendar month 2003, China has allowed foreign cotton traders to undertake domestic Cotton Purchase, process and operation in China. Currently, some international traders ar allowed to undertake domestic cotton change China. In China, some massive textile mills are directly concerned in cotton acquisition and cotton ginning. 

No comments:

Post a Comment