Cotton Collection And Storage Will Be &Nbsp Soon; Prices Will Rise Steadily.

Ma Junkai, Deputy Secretary General of Shandong Dezhou Cotton Association, is in a good mood.

He learned that some provinces and cities are listed just now.

"It may be higher than the state's purchase and storage price.

At present, most enterprises do not have much inventory. At present, according to the price of State purchasing and storage, enterprises can earn money by buying cotton. "

In August 23rd, he realized that the weather was very good for cotton growth, he said with confidence.

In August 4th, the national development and Reform Commission (NDRC) focused on the temporary storage and storage of cotton. After deciding to launch the new cotton market this year, according to the market changes, it will start the temporary storage and purchase plan at the right time. It will open up and store in accordance with the standard class (3 class) lint 19800 yuan / ton storage price.

Reporters learned that the above-mentioned development and Reform Commission decided to open up the storage time is September 1st, at present only Shanxi, Xinjiang and other very few cotton list, Henan, Hebei, Shandong and other listing also need a few weeks.

Ma Junkai calculated the accounts to reporters, according to the national development and Reform Commission.

The national development and Reform Commission recently issued the quantity and principle of import tariff quotas for cotton, and put forward that the quota for importing cotton in 2011 was 894 thousand tons, and its Chinese trade ratio was 33%.

According to the reporter's understanding, the import of the quotas has not changed for many years, and the duty rate of the imported cotton is about 1%.

However, because China needs about 10 million tons of cotton per year, the domestic market can only meet the level of about about 7000000 tons, and there are still 3 million tons of cotton that need to be taxed according to the 5-40% quasi tax rate.

But due to the fact that international cotton prices are higher than domestic prices, a cotton industry expert believes that China will not necessarily import as usual this year.

According to the statistics of the General Administration of customs, 1-7 months ago, China imported 1 million 483 thousand tons of cotton, a decrease of 13.3% compared with the same period last year.

As of July, 2010 cotton year (September 2010 to August 2011), China's total imports of 2 million 369 thousand tons of cotton, an increase of 107 thousand tons, an increase of 4.7%.

At present, the national development and Reform Commission has organized a number of research groups, all over the country.

He stressed that cotton production and demand gap for a long time, and has further expansion trend, we should increase support for their own cotton production efforts, and improve the quality of domestic cotton.

At the same time, we should further improve the market control system, strengthen the construction of the cotton commodity system, accelerate the reform of the textile industry and expand the textile industry.