The State Will Increase The Quantity Of Cotton Storage And Purchase At The Right Time.

In order to stabilize the cotton market and protect the interests of cotton farmers, the state has started to increase the storage capacity of 1 million tons of new cotton program since October 29th, and has successfully collected 365 thousand and 250 tons as of November 25th.

Recently, the statement that the state is considering the purchase and storage of the 200 type small package cotton appears again.

In response to this rumor, the network has verified the relevant departments of the state. The relevant departments clearly stated that since the beginning of 2007, the decision of the State Council to purchase and store only 400 large bales of cotton is the decision made by the State Council. This policy will not change. We hope that the big 400 cotton enterprises will boldly enter the market, and the state will increase the quantity of storage and purchase in time according to the market conditions so as to further stabilize the market.