Gelonghui, May 15 | Vosges Co., Ltd. (002083.SZ) was surveyed by investors on May 14, 2024. Regarding “The recent decline in cotton prices, the company's cotton purchase price situation? A judgment on future prices?” The company replied that the annual cotton usage is more than 80,000 tons, and the monthly usage is about 6,500-7,000 tons. Recently, as cotton prices continued to decline, the company carried out centralized procurement. There are also many factors that will subsequently affect cotton prices. Since cotton has a production cycle, the company estimates that cotton prices will fluctuate normally between 14,000 and 17,000 yuan/ton this year. The company has a large cotton quota and has received orders until the end of June.
孚日股份(002083.SZ)：预估今年棉花价格正常波动区间在14000-17000元/吨
Vosges Co., Ltd. (002083.SZ): It is estimated that the normal fluctuation range of cotton prices this year is 14,000-17,000 yuan/ton
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.