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The Market Principle Of Cotton Policy Will Not Change.

2013/9/1 13:03:00 158

Cotton Policy China Cotton Association Market Principles

< < a href= > //www.sjfzxm.com/news/index_p.asp > > Henan > /a > Zhengzhou, China's < a href= > //www.sjfzxm.com/news/index_c.asp > cotton > /a > price index training meeting. Li Lin, Deputy Secretary General of the China Cotton Association, said that due to the northern drought in the southern drought, the overall production of cotton this year is worse than last year. 
 Li Lin pointed out that since July of this year, most of the cotton weather conditions are not suitable. The South drought, floods, rain and light, and high temperature and little rain are interacted, which makes cotton growth and development adversely affected, and cotton production prediction is lower than before. 
 China Cotton Association expects that the total output of cotton is about 6 million 780 thousand tons this year, down 8.6% from the same period last year. 
 Li Lin said that the production and operation of the cotton textile enterprises is still more difficult at present. The small and micro enterprises have significantly increased their shutting down, while most of the large and medium-sized enterprises have mainly maintained production. < a href= "//www.sjfzxm.com/news/index_c.asp" > cotton spinning enterprises < /a > to avoid risks and reduce the proportion of cotton blending. Therefore, cotton consumption in China is still not optimistic in 2013. 
 it also pointed out that the temporary purchase and storage policy has been implemented for three consecutive years. Although the short-term effect is obvious, normalization is difficult to sustain, which brings great pressure to national finance and safe custody. Therefore, cotton should be returned to the market mechanism. 
 for cotton farmers direct subsidy and pilot, Li Lin revealed that due to the lack of specific operation plan, the current departments' views on this issue have not reached an agreement, and relevant departments hope to find a better sustainable plan. 
 in addition, it also revealed that the current state cotton stocks have reached the highest level in history. However, the government departments have not yet convened relevant departments to deliberate on the specific issues of dumping and storage, but one thing is clear, that is, the principle of stabilizing the market and meeting the needs of enterprises will not change.