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    The NDRC Halted Import Quotas And Threw Reserves To Stabilize Cotton Prices.

    2012/9/19 10:58:00 19

    Development And Reform CommissionCotton PricesImport QuotasThrow Store

     

    Zhang Xianbin, head of the State Economic and Trade Commission of the national development and Reform Commission, held in 2012 at the China Cotton Association.

    cotton

    The situation analysis shows that the difference between the inside and outside cotton prices has a limited impact on the textile industry.

    With the large number of new cotton listed this year, there is no need for the state to put in reserves. The imported cotton will no longer issue quotas later this year. The supply and demand situation will be clear next year, and the stable price will continue to be the main keynote of the cotton market in the future.


    For the external questioned the huge price difference between the internal and external causes of the loss of the textile industry, Zhang Xianbin said that the difference between domestic and foreign cotton prices has an impact on the textile industry, but the impact is limited, and is not the most important factor contributing to its difficulties. The state is also taking measures to narrow the price gap.

    In 2011, the difference between domestic and foreign cotton prices showed an increasing trend. The market was highly concerned, and the reaction was relatively strong. Some people attributed the difficulties encountered by textile enterprises to the poor cotton prices inside and outside. But in fact, the export of India and Pakistan, which had the advantage of raw material prices, also showed a downward trend.


    The main reason for the decline in the growth of textile and clothing exports is the shrinking external demand. The difference between the inside and outside cotton prices is mainly affected by the spinning links. The cost of spinning raw materials accounts for more than 70%, especially the special export and medium and low grade yarn.

    In China's textile and clothing exports, the proportion of cotton yarn exports is only 0.9%. The export yarn is neither a purpose nor a strong point, and there are also imported cotton quota supplements, so the impact is limited.

    China's raw material costs and labor costs have increased rigidly. If textile and clothing exports are still high staple goods, it will be difficult to continue. Instead, we should give full play to the advantages of deep processing links, and enhance the competitiveness of the textile industry by improving the added value and brand.


    "Any

    policy

    It is difficult to achieve perfection. Under the current conditions, there is no better policy to replace the policy of collecting and storing. The establishment of temporary purchase and storage price is mainly focused on the long term and is conducive to the development of the whole industry.

    Zhang Xianbin said that the future direction of China's textile industry first needs to meet domestic demand, and the difference between inside and outside cotton prices conceals many contradictions in the industry. Textile production capacity is constantly expanding rapidly, once the market changes will be difficult to cope with.

    Some policies can alleviate difficulties in a short time, which may cause more serious problems for a long time, which will lead to catastrophic damage to the industry.


    Zhang Xianbin stressed that the textile industry should take advantage of this opportunity to achieve real pformation and upgrading of industries through structural adjustment.

    The direction of the new year's national policy has been clear, and the temporary purchase and storage policy will be unswervingly implemented.

    The most important task at present is to implement the policy of temporary storage and purchase, protect the interests of cotton farmers, and keep the cotton market running smoothly. The quota problem is not studied this year.


    Zhang Xianbin also said that the purpose of placing the reserve cotton is to satisfy

    Spin

    In October, new cotton has been listed in large quantities and there is no need to put in reserves. After the approval of various departments, the deadline for issuing the new cotton is September 29th, and the bid deadline for textile enterprises is September 20th.

    "Yesterday issued a temporary regulation to prevent cotton spinning. The state will effectively prevent the problem of spinning cotton by means of prior warning, supervision and investigation afterwards. Once it is discovered, it will never be soft and resolute."

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