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

Dezhou, Shandong

He learned that some provinces and cities are currently listed on the poor quality of cotton.

"Maybe more than the state."

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 several research groups to conduct cotton research in various places.

In August 20th, Liu Xiaonan, deputy director of the economic and trade division of the national development and Reform Commission (NDRC), pointed out in Shandong that the sustainable and healthy development of the cotton and textile industries should be vigorously promoted, and a long-term mechanism to promote the sustainable and healthy development of the cotton and textile industries is to be put forward.

He stressed that the gap between cotton production and demand for a long time, and further.