Cotton Temporary Storage And Storage System &Nbsp; Stable Cultivation Of Weakened Raw Materials Price Expectations.
To stabilize cotton production and
Management
In order to protect the interests of cotton farmers and ensure market supply, China plans to implement a temporary cotton purchase and storage system in 13 cotton producing areas throughout the country from September 1st to March 31st next year.
According to the plan of storing and storing, 13 cotton producing provinces (districts and cities) in Xinjiang and Shandong are temporarily.
Purchase and storage price
The price of standard grade lint to the warehouse is 19800 yuan per ton.
Market analysts believe that the release of the reserve plan at the critical moment of cotton planting is equivalent to setting the minimum purchase price for the new cotton market to stabilize the cotton planting area and purchase price this year.
Dezhou, Shandong is one of the key cotton producing areas in the country, and its cotton spinning capacity is 1/7 in Shandong and 1/20 in the whole country.
Ma Junkai, Deputy Secretary General of the Dezhou Cotton Association, thinks that unlike previous releases of temporary storage and storage of cotton, it was released before the cotton began to grow in large areas, which helps the cotton farmers in this year grasp the price information this year and guide cotton farmers to determine the planting area according to the cost accounting.
Ma Junkai believes that compared with previous years, cotton is still running at a high price. Early publication of this year's temporary purchase and storage price will help to cool down the current cotton price and reduce the cost of downstream textile enterprises, thereby easing the upward pressure on clothing and other commodities.
Tan Yanwen, a professor at South China Agricultural University, thinks that the plan and price of the purchase and storage should be announced ahead of time to make cotton farmers.
Cotton merchant
In advance, the production plan can be arranged in advance, while the promise of open storage can make cotton merchants feel free to buy and ensure that cotton growers benefit. In fact, they also play the role of minimum purchase protection price.
Statistics show that since 2010, cotton prices have been constantly updated, taking cotton futures zhengmian 109 contract as an example, rising from 19855 yuan per ton in September 17, 2010 to 33600 yuan in November 10th, or more than 69%.
After a period of adjustment, it rose to 34870 yuan in February 17th.
In stark contrast, farmers' cotton yields are still generally low.
Li Chuanbo, assistant manager of raw cotton company of Dezhou's largest cotton spinning enterprise and manager of raw materials company, said that the benefits of cotton growing were not even as good as grain production. At the same time, because of insufficient subsidies, the desire of cotton growers to grow was reduced, and some local labor force gave up cotton cultivation and went out to work in the.
Monitoring shows that in recent years, the cotton planting area in Dezhou is between 2 million mu and 3 million mu, and the output is from 150 thousand tons to 250 thousand tons.
Although cotton prices were high in 2010, the cotton planting area in the city dropped from 2 million 300 thousand acres in 2009 to 1 million 550 thousand acres due to the low purchase price of cotton, with a decline of more than 32%.
According to the cotton temporary storage and purchase plan, the cotton temporary purchase and storage system continues to adopt the previously effective link between the price of the cotton picking up and storage price and the seed cotton purchase price. According to the price of the cotton temporary collection and storage price and the cottonseed and other by-products prices, the reference price of the seed cotton purchase is announced, and it is required that the storage enterprise must purchase the cotton seed cotton seed at the price not lower than the seed cotton purchase price, otherwise it will not be allowed to enter the storage.
"Cotton prices rise and fall and cotton seed profits are generally low, which is the main reason why farmers' enthusiasm for planting cotton is not high.
If this situation is not improved, it will continue to cause harm to cotton farmers' enthusiasm and intensify the contradiction between supply and demand of cotton.
According to the price stipulated in this temporary storage system, it will help to restore the enthusiasm of the cotton farmers. "
Ma Junkai said.
But Ma Junkai believes that generally speaking, the beginning of large-scale planting of cotton began in mid April of each year. The temporary storage and storage price announced now will help increase the planting area of cotton this year. But because most farmers have reserved cotton plantations ahead of time, the remaining areas are planted with other grains, and the increase in production will not be obvious.
At the same time, analysts pointed out that whether the price level of 19800 yuan will stimulate cotton farmers' cotton planting enthusiasm in the short term remains to be seen.
Pan Bingfeng, a cotton merchant in Wenzhou, who invested in factories in Xinjiang, reckons that 19800 of the purchase and storage price is 8000 yuan lower than the current market price. The price of seed cotton is about 4.5 yuan per catty, while the seed cotton price of this year is basically maintained at 5.5 yuan -6.5 yuan per catty. Moreover, the planting land in some areas is generally reserved for years, and the impact of the new deal is less than expected.
Tan Yanwen said that although the plan has taken into account the interests of both farmers and textile enterprises, the low price of the market has limited impact on the growth of the planting area.
At the same time, the policy of collecting and storing is to stabilize the psychology of cotton farmers. Whether we can finally restore the enthusiasm of farmers to grow cotton and expand the cotton planting area remains to be seen.
In March, the cotton association of China surveyed 2579 cotton farmers in 13 main cotton producing provinces (autonomous regions), and cotton planting area increased in most parts of the country. It is estimated that in 2011, the total area of cotton planting in the whole country was 80 million 960 thousand mu, and the growth rate was 5.1%.
Experts believe that the introduction of the policy of collection and storage is more important, which is to restrain the rise and fall of cotton planting area and purchase price, so as to form a reasonable balance between grain sowing and planting.
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