The Dust Of Cotton Is Settled. Some People Are Happy And Worried.

Here world Clothing and shoes Xiaobian of the network to introduce the details of the cotton dust settled, several happy few worries.

New cotton is listed on the market, and Cotton Subsidy Rules are finally settled. Approved by the State Council, the implementation plan for the pilot project of cotton target price reform in Xinjiang (hereinafter referred to as the "plan") was officially implemented by the national development and Reform Commission and the Ministry of Finance in September 16th. Xinjiang cotton direct subsidy will be subsidized by planting area and seed cotton sale volume. However, what will be the impact of cotton direct subsidy rules on the market? Analysis shows that the direct subsidy details have been released, stabilizing market confidence. The specific impact still depends on the market reaction after implementation.

Direct subsidy rules come out, cotton growers or big winners.

According to the contents of the plan, according to the time allocated by the central government to subsidize the subsidy, the subsidy of 60% of the central subsidy funds will be subsidized according to the actual subsidy of the cotton planting area and the cotton seed sale volume, and 40% will be subsidized according to the actual seed cotton sale volume. The subsidy target is the actual cotton growers in the whole region, mainly including the basic farmers (including village collective motor land contracting households) and local state-owned farms, judicial farms, army farms, non-agricultural companies, large households and other forms of ownership of cotton producers.

According to the announcement of the plan, after the implementation of the target price, the payment method has also changed, and the "one card" will be used for the two time. When paying the production subsidy funds, the farmers and local state-owned farms will be paid priority in principle, then the large farmers will be cashed and the other agricultural production and operation units will be paid. The subsidy standard inclined to the cotton area and the southern Xinjiang.

Since 2004, China has established a cotton price regulation system with the policy of temporary collection and storage, agricultural subsidy system and import and export adjustment measures as its main contents. However, temporary purchase and storage is a long criticized policy. The purchase and storage makes the domestic and foreign cotton prices hang upside down seriously, and it does not conform to the market development law, and can not protect the interests of farmers.

Futures analyst of Shanghai futures pointed out to the great wisdom news agency that cotton direct subsidy rules were released, and the biggest beneficiaries were cotton farmers. For cotton farmers to guide the direction of the rules, the area plus additional sales volume, not only to ensure that the cotton planting area, but also in the sale of interest protection.

Insiders interviewed by the great wisdom news agency said that although there were agricultural subsidies in the past, subsidies were often not helpful to cotton farmers because of the market price of the cotton that was stored and stored. Now the target price has solved this problem to a certain extent, but the extent of subsidy should also be implemented in a specific way.

Processing enterprises "suffering words", cotton bottom area confirmation

The program points out that the target price scheme will implement the qualification system of the seed cotton processing enterprise. The seed cotton purchased by the identified enterprise should obtain an ordinary invoice or purchase invoice in accordance with the law, and the ticket item should be completed in full. For the agricultural production and operation units that are unable to use the network invoice system, the national tax authorities shall invoke the general invoices on behalf of the machines. Every year, the state will inspect the processing enterprises. If the enterprise violates the provisions of the rules, the enterprise will be disqualified.

Cotton processing enterprises interviewed by great wisdom News Agency pointed out that for processing enterprises, things are increasing, but profits will not necessarily increase. Farmers only need to hand over seed cotton, and statistics and other follow-up work require enterprises to do so. If it is wrong, it will be disqualified and risk increased in second years.

CITIC futures analyst Chen Jing told great wisdom news agency, for processing plants, in the short term, there is no major positive. This is the first year of policy implementation. There will be a period of entanglement. In the long run, it should be Favorable . For downstream textile enterprises, policies are more favorable. Now that domestic and foreign cotton prices are integrated, the cost of downstream textile enterprises will decrease, profits will rise and bargaining power will increase.

According to the plan, the price of cotton market in Xinjiang is 9-11 months. Due to the impact of climate factors in the year, the Xinjiang new cotton concentrated listing in the 2014/2015 season has been delayed for about 1 months. State reserve cotton has been put to market at the end of August. Although there are sporadic new cotton market in September, domestic cotton is still out of date. The market looks forward to the introduction of the policy, and the new cotton will be listed in large quantities, and the market price will be faced with a big challenge.

It has been pointed out that after the policy is settled, the market price will be determined according to the fundamentals. At present, the national stock and the new cotton will be on the market. The supply side is still adequate, and the price of the new cotton will be purchased at the end of the demand side. The price of the new cotton is expected to be 14000-15000 yuan / ton at present. The short term is still a dilemma.

Chen Jing also believes that this year is the first year of direct subsidy, and the concentrated listing of lint is a great pressure on prices. The near future, cotton Prices will gradually return to fundamentals, and the market will gradually start up and down the market, 13500-14500 yuan / ton or the bottom of this year's price range.