Cotton Price Again "Roller Coaster" &Nbsp; Development And Reform Commission Brewing New Regulation

Recently, the national development and Reform Commission, the national supply and Marketing Corporation, China The cotton research team composed of reserve cotton management company and other fields concluded their field research in the area of China, and so on. At present, they are formulating the new year's implementation plan for the cotton purchase and storage plan. NDRC officials said that the focus of the new cotton policy is to deal with the strategic positioning of cotton and other agricultural products, the relationship between the upstream and downstream of the cotton industry chain and the relationship between imported cotton and domestic cotton, so as to stabilize domestic cotton prices and prevent the cotton prices from rising and falling again.

From last August to August this year, the domestic cotton price rose like a roller coaster, climbing from 17 thousand yuan / ton to 34 thousand yuan / ton in March this year. After that, it dropped from 34 thousand yuan / ton to the current nearly 20 thousand yuan / ton, which is close to the minimum purchase price of 19800 yuan / ton stipulated in the national plan for the temporary purchase and storage of cotton in 2011. According to the aforementioned officials of the national development and Reform Commission, the acquisition of state-owned cotton stores will start in September 1st, and there will be no limit on the amount of storage. Around the acquisition of new cotton policy, the NDRC will In succession Publish specific collection and storage methods, details of storage and purchase, including the implementation plan for purchasing and storing the proposed transaction, and the calculation of reference price of seed cotton purchase.

The aforementioned NDRC officials said that a large fluctuation in cotton prices involved not only cotton farmers but also textile enterprises and Cotton Traders on the whole cotton industry chain. Therefore, in the middle of August, the NDRC took the lead in organizing the cotton research team to conduct in-depth research on textile enterprises, local governments and cotton farmers. The suggestions from the government and enterprises are mainly focused on two aspects. First, it is suggested that the state should increase the quantity of cotton storage and purchase, and two is to increase the support for purchasing funds of textile enterprises.

The official disclosed that the national development and Reform Commission, in the formulation of the new year's cotton purchase and storage plan implementation and other purchasing and storage policies, is also planning to formulate a strategic "cotton new deal". The key is to further handle the strategic positioning of cotton and other agricultural products, the relationship between the upstream and downstream of the cotton industry chain, and the relationship between imported cotton and domestic cotton, so as to prevent domestic development. Cotton price The ups and downs took place again.