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INVENTORIES (Tables)
9 Months Ended
Mar. 31, 2013
Inventory Disclosure [Abstract]  
Schedule of Inventory, Current [Table Text Block]

Inventories as of March 31, 2013 and June 30, 2012 consisted of the following:

 

    March 31,     June 30,  
    2013     2012  
Raw materials   $ 43,880,141     $ 21,486,439  
Finished goods     21,184,344       29,061,437  
      65,064,485       50,547,876  
Less: allowance for obsolescence     (116,338 )     (115,597 )
Inventories, net   $ 64,948,147     $ 50,432,279