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China Will Implement Temporary Cotton Purchase And Storage System In 13 Provinces.

2011/4/8 13:33:00 57

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Implementation Of Cotton Purchase And Storage System

Recently, National Development

Reform Commission

The eight departments of the Ministry of Finance and the Ministry of agriculture jointly issued the 2011 year.

cotton

temporary

Reserve plan

It decided to implement the temporary purchase and storage system in 13 cotton producing provinces (districts and cities) in Xinjiang, Anhui and Shandong since the listing of new cotton in 2011.

This year's temporary storage price is the standard level.

Lint to warehouse price

The price is 19 thousand and 800 yuan per ton, the execution time is from September 1st this year to March 31st next year.

The cotton association of China has calculated the reference price of seed cotton purchase to the public according to the factors such as the temporary storage price of lint cotton, the price of by-products such as cottonseed and the linen percentage, and so on.

The reference price of seed cotton purchase calculated according to the price of temporary purchase and storage is equivalent to the lowest protective price of cotton.

market price

Higher than this price, then follow the market.

China

Cotton Association

It is considered that when the spring is plowing and planting, farmers in suitable cotton area should consider expanding the area of cotton planting.

First, the macro level has national policy support. In March 14th this year, the eleven session of the four session of the National People's Congress adopted the outline of the Twelfth Five Year Plan for national economic and social development in People's Republic of China. It clearly stated: "encourage and support the dominant producing areas to concentrate on the development of bulk agricultural products such as grain, cotton, oil and sugar."

Then the relevant departments issued the minimum protective price policy for cotton, which is undoubtedly a clear policy guidance signal.

Two, there is consumer demand support at the market level.

textile industry

It is China's dominant industry, which has developed rapidly in recent years, even in 2008.

financial crisis

During the period, the textile industry also maintained a certain growth rate, but the growth rate slowed down.

In 2010, the investment volume of China's textile industry continued to grow. The annual yarn production increased by 13.7% over the previous year, and the export of textile and clothing increased by 23.6% over the same period last year.

At present in China

Cotton yield

It can only meet the demand of 60% of the textile industry, and the situation of short supply of cotton will exist for a long time.