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The Seven Sector Is Once Again Making Efforts To Control Cotton Price &Nbsp.

2010/11/5 14:30:00 45

National Development and Reform Commission

The seven departments of the Ministry of agriculture and the Ministry of Railways recently issued the joint notice on the acquisition of new cotton (hereinafter referred to as the notice). In addition to the measures to guarantee the purchase of new cotton, such as the purchase of funds and priority of pport capacity, the speculation on speculation has become the focus of the cotton price regulation.

Cotton prices continued to rise at the end of 2009.

Cotton price

It has also become the key target of relevant departments.

In September 27th, the seven departments such as the Ministry of Agriculture held a meeting, and proposed measures to increase the intensity of dumping and storage, ensure new cotton pportation and increase imports. However, since October, the momentum of cotton prices has remained strong. According to the statistics of China's cotton network, the price of cotton per ton rose by 5301 yuan at the end of October, reaching 23.34% at the end of September.

At present, the acquisition of new cotton has been in full swing, and stabilizing cotton prices has become a related sector.

Key points of work

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According to the circular, the "abnormal rise" of cotton prices at present has a large market risk, and some problems such as buying up and buying in some areas are prominent, which is not conducive to stabilizing the cotton market and maintaining the healthy development of cotton and textile industry.

In terms of cotton price regulation, combating hoarding and speculation became the key content of the notice.

The notice clearly stated that cotton enterprises should be guided to determine the purchase price reasonably, and to quickly sell and sell quickly after purchase, so as to avoid blindly buying up and hoarding and selling, guiding enterprises not to participate in speculative speculation, and strictly investigating and distributing information about price increase, malicious hoarding and price raising.