New Mode Of Electronic Trading For Mink Fur In Yongshang Institute

This Tuesday, the teachers and students from Copenhagen Business School of Denmark came to see him.

During the visit, the reporter learned a piece of good news: next month, the leather family of the exchange will add a new member -- mink fur.

The industry believes that this will form a plate effect with bovine wet blue, and deepen industry reform.

It is understood that Yongshang's first leather trading variety, the blue wet leather, has been in circulation for more than a year, and the market has responded well.

From 1 to August this year, Yongshang has completed the paction volume of cattle wet blue leather, amounting to 17 billion 815 million yuan, and the more mature leather electronic trading mechanism has already been formed.

Besides the leather industry, the fur industry is

In recent years, the sales of fur products have increased exponentially.

Raw material skin accounts for 70% or even 80% of the production cost of fur garment processing enterprises. The fluctuation of raw material prices has greater elasticity on production cost. However, the raw material (raw or cooked leather) trading market is still a backward and distributed type of paction, with many channels and low efficiency.

"Under the traditional market, the fur market is in urgent need of change. The electronic trading of commodities purchased by Yongshang has provided the possibility for the industry to achieve overturn in the curve. The mink fur is made into a standardized combination to market. It can seize the market opportunities, fill the gaps in the industry, and improve the leather trading center product system."

Shi Mingzhu, manager of research and Development Department of Yongshang Institute, said yesterday in an interview with reporters.

In the traditional leather industry, the price fluctuation of raw materials has a great impact on the production cost.

The production cost of processing enterprises is rising, but they can not timely raise prices to pfer risk to terminal consumers. When raw material prices fall, there is risk of inventory fall.

The e-commerce platform of Yongshang can provide convenient procurement and sales methods to enterprises, reduce the capital share of enterprises, and meet the strong demand for hedging in enterprises, especially fur clothing processing enterprises.

In view of the low standardization of mink blanks, Yongshang, based on the opinions of industry associations and upstream and downstream enterprises, combined with the existing national standards, formulated the quality standard for the delivery, and made strict rules for the benchmark receipt of fur, so as to ensure the quality of the paction.

Clement, a leading teacher at Copenhagen business school, agrees with Yongshang Institute.

According to the electronic trading mode adopted by other varieties, Copenhagen, which occupies 60% of the world's fur trading market share, is well known in the world, but belongs to traditional trade.

The purpose of this school is to learn how to apply the electronic paction mode to the topic of traditional trade mode to Yongshang, hoping that the two sides can strengthen exchanges and jointly promote the development of the industry.