Mr. Ts.Baatarsaikhan, deputy director of Gobi has said that Gobi will increase production of its fluff by 60% this year due to increased demand from overseas buyers.

The increased demand can be explained by a number of reasons – improved quality of Mongolian fluff production, fall in demand for Chinese fluff, and Gobi’s reputation of producing non artificial products for export. Although the worldwide economic recession has reduced global demand, Gobi experiences some good trend says Mr. Ts. Baatarsaikhan.
Gobi exports most of its raw materials and refined products to Japan.

 

Source: Daily Business News

Jan 9, 2009