The Price Of Cotton Is Unstable &Nbsp; The Support Fund Of NGO Is Obvious.

September 15th, China

China is the largest importer of cotton and the largest exporter of textiles and clothing.

"From the perspective of cotton trade, there is a certain gap in China's cotton production. In recent years, the import volume is more than 2 million tons."

Zhou Shanqing, Minister of foreign trade of Ministry of Commerce, said.

In the 1-8 month of this year, China has imported 1 million 690 thousand tons of cotton. From the perspective of textile and clothing trade, the export of textiles and clothing is better in the first half of this year.

Zhang Xinmin, vice president of the China Textiles Import and Export Chamber of Commerce, said that in 1-7 months, the export volume of products decreased but the price of exports increased. The growth rate of export textiles was higher than that of clothing.

At the same time, he said: "labor costs, small and medium enterprises financing difficulties and other problems caused by the reduction of orders, 80% of enterprises are understarted, so the pformation and upgrading of textile industry is imperative.

He appealed: cotton prices are not afraid of high and low, afraid of falling and soaring, which will only make orders less, and add to the difficulties of the cotton textile industry.

Zhu Beina, the China Textile Association, said that the cotton textile industry has a lot of

Zhou Shanqing suggested that we should learn from the business philosophy and consciousness of pnational enterprises, and grasp resources and reduce pressure when there is a gap.

Faced with the upcoming cotton purchase this year, Long Xi, deputy director of the Department of crop management of the Ministry of agriculture, said that the cotton production area and unit yield all showed an increasing trend this year. If the weather conditions were normal in the late period, the total production would be estimated to be about 7 million tons.

This year's cotton production is a foregone conclusion.

Ling Tao, two deputy director of the Agricultural Development Bank of China, said that the impact of factors such as the sharp fluctuations in cotton prices in the previous year and the increase in production this year predicted that the overall funding side would be tight this year, and that the amount of cotton capital invested by social capital and other financial institutions would be reduced.

The agriculture development bank has issued a document on this issue, deploying the cotton purchase credit in 2011.

At present, the work is proceeding in an orderly way, the qualification confirmation work has ended, and the loan quota is being approved. It is expected to end in mid September, before the end of 9.