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    Central Storage Cotton Company Issued A Notice Calling On The Majority Of Cotton Enterprises To Balance

    2011/11/30 10:12:00 20

    The notice pointed out that the state will adhere to a fixed price of 19800 yuan / ton and open and unlimited purchase and storage of cotton policy in the 2011 year in accordance with the plan for the temporary storage and purchase of cotton in 2011.

    With the acquisition and storage smoothly, a large number of

    cotton

    Withdrawing from the market, the market will reach a balance of supply and demand after a period of time, and the price of the cotton market will gradually stabilize until the recovery.

    Cotton acquisition and processing enterprises should correctly analyze the market, reasonably arrange the quantity and progress of the storage and marketing of cotton, so as to maximize the economic benefits.


    The central storage cotton company is beneficial to protecting farmers' interests and benefits.

    enterprise

    The principle of close storage and storage, conducive to the safe storage of cotton, favorable supervision and favorable pportation "has been done for the temporary storage and storage.

    qualified

    Cotton and central storage cotton company will guarantee all acquisitions.

    The central storage cotton company has strictly implemented the "national reserve cotton storage and storage qualification confirmation and leasing method". It has prepared the capacity plan to reach 4 million 100 thousand tons, accounting for 55% of the total cotton output expected in 2011.

    Among them, 7 batches were announced to the public and 105 reserve warehouses were collected (92 in the mainland and 13 in Xinjiang), with a storage capacity of 3 million 930 thousand tons, and 12 warehouses and 210 thousand tons of storage capacity were not publicized.

    65 storage and storage points have been opened, with a capacity of 2 million 700 thousand tons.

    According to the uneven distribution of the reservoir points in some areas, Xinjian cotton company recently arranged for the storage of Xinjiang cotton to move to the mainland in succession. In some centralized production areas, it once again publicly offered a number of reserve cotton storehouses, and excavated the resources that the society could use. After completing the investigation and demonstration of the declaration points, it was timely and comprehensive to open to the storage and storage enterprises.


    According to the notice, in order to ensure the interests of cotton farmers, the vast majority of storage and storage enterprises must adhere to the mechanism of linking the price of the cotton picking up and storage price with the purchase price of seed cotton.

    According to China Cotton Association's estimation price of seed cotton purchased according to the provisional storage price, cotton purchase processing fee and cottonseed market price, the storage and storage enterprises should purchase seed cotton according to the reference price of seed cotton purchase.

    The storage enterprises that do not carry out the reference price of seed cotton purchase will be included in the industry blacklist by the cotton association.


    The temporary storage and purchase of cotton in 2011 has been in storage for seventh weeks since it was officially launched in September 8th.

    As of November 23rd, the total volume of storage and purchase pactions was 774930 tons, of which 230970 tons were traded in the mainland, accounting for 29.8%, and 543960 tons in Xinjiang, accounting for 70.2%.

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