State Regulation And Control: Selling Stocks Frequently And Cracking Down On Speculation

　 　 State regulation Sell frequently and fight against speculation.

Cut production - tight supply - price increases - capital speculation - price inflation.

Reporters learned yesterday that according to the report released by the US Department of agriculture in early October, the global cotton gap was 890 thousand tons in 2010 /2011. The tight supply situation makes cotton prices on the international market continue to climb, New York. Cotton futures The price has started to rise since late July, and has risen nearly 70% so far.

"Weather, arable land and other factors do exist, but without huge capital push, it will not be so crazy." A grain analyst said.

For stability Domestic cotton price To solve the problem of shortage of raw materials in textile enterprises, the state's "regulation" is also playing an important role. In early August of this year, China's implementation of the plan to sell cotton reserves dropped 1 million tons in October 20th. The total volume was 1012336 tons, the actual turnover was 1002736 tons, and the turnover rate was 99%.

In October 14th, the national development and Reform Commission convened a joint meeting on cotton macro regulation and control, analyzed the situation and studied the measures to stabilize the cotton market. It is requested that the relevant departments should jointly make efforts in accordance with their respective division of labor, rectify market order, crack down on malicious speculation and other disrupting market order, and make other regulatory plans.

Previously, the seven ministries and commissions of the national development and Reform Commission, the Ministry of Finance and the Ministry of agriculture jointly held a national teleconference on cotton work. They indicated that they should make good use of reserve regulation and effective utilization of international market resources, maintain the basic balance of total cotton, promote the transformation of development mode of textile industry, and speed up the structural adjustment and industrial upgrading of the textile industry.

Wen Jiabao, premier of the State Council, chaired the executive meeting of the State Council on the 25 th of this month to analyze the current economic situation. In the four quarter of the deployment, the economic work also pointed out that we should do a good job in cotton storage and new territories cotton transportation, strengthen market supervision, vigorously rectify and standardize the market order, strictly punish all kinds of illegal activities such as hoarding, colluding prices and so on, and strengthen the dissemination of important commodities' supply and demand price information, and effectively guide social expectations.