Cotton Trade Association Reference Price To Let Cotton Farmers Bottom

After the Mid Autumn Festival, everywhere New cotton The scale has been opened. How can cotton farmers sell cotton? On the 19 day, the China Cotton Association wrote to the majority of cotton growers to announce the 2011 national cotton temporary purchase and storage policy. Cotton farmers can sell cotton according to the reference price list of cotton seed purchase released by China Cotton Association.

The letter said that China and the world's cotton production this year will be higher than last year, and the textile industry is not optimistic. In order to protect the interests of cotton farmers and prevent a sharp fall in cotton prices, the state has issued a good policy for cotton farmers: "cotton temporary storage and purchase plan 2011" put forward that if the lint market price fell below 19800 yuan / ton, the state will open up the acquisition of cotton reserves. The reserve market will remain relatively stable.

China Cotton Association has calculated the reference price of seed cotton purchase according to the price and relevant parameters of lint cotton, and has been released to the public. The relevant departments of the state clearly stipulate that the storage and storage enterprises (limited to the 400 type ginning plants) must not buy the seed cotton to the farmers at the reference price of seed cotton purchase, otherwise the processed lint is not allowed to enter the storage. If the market price is higher than this price, it will follow the market.

At present, the purchase and storage work has been officially launched. Cotton farmers can refer to China. Cotton Association The reference price list of seed cotton purchase released clearly sells cotton and makes good use of it. national policy Protect your interests from losses.