China Cotton Association Responsible Person Answered Reporters' Questions

< p > 2012 is the second year of the implementation of < a href= "http://www.91se91.com/news/index_q.asp > cotton temporary storage and storage policy < /a >. The policy has played an important role in protecting the interests of cotton farmers, stabilizing a href=" http://www.91se91.com/news/index_s.asp "and" cotton market "/a.

On the eve of the announcement of the new year's purchase and storage policy, cotton producers at home and abroad pay more attention to the future policy.

The responsible person of China's < a href= "http://www.91se91.com/news/index_c.asp > > cotton < /a > was interviewed by reporters.

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< p > < strong > reporter: as of January 22nd, the state has accumulated 5 million 830 thousand tons of storage, accounting for 85% of the total cotton output expected, and cotton reserves hit a new high.

The purchase and storage policy has a profound impact on the cotton market in 2012.

How do you evaluate the current temporary purchasing and storage policy? < /strong > < /p >

< p > < strong > China Cotton Association: < /strong > < /p >

< p > 2012, cotton harvest in China.

In the face of the continued downturn in the market and the unfavorable situation in the industry, the cotton market has been stabilized in order to protect the interests of cotton farmers. After 2011, the state started the cotton temporary storage and storage plan again.

Since the launch of new cotton in September last year, a total of 5 million 830 thousand tons of cotton reserves have been accumulated.

The positive energy brought about by the temporary purchase and storage policy of cotton is obvious: it basically purchases cotton from cotton growers, and the interests of cotton farmers are effectively protected. It prevents the excessive fall in cotton prices and stabilizes the industry's expectations.

In 2012, when the international cotton prices fell by 42% over the same period, domestic cotton prices fell by 20% compared to the same period last year, while the purchase price remained relatively stable.

Cotton production in Xinjiang autonomous region has achieved a good result of double increase in total output per unit area and double benefit in output value.

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Reporter: as we all know, the temporary cotton purchase and storage policy has played an important role in protecting the interests of cotton farmers and stabilizing the cotton market. However, some international cotton traders believe that this is China's intention to manipulate the market. What do you think of this? < /strong > < /p > p strong.

< p > < strong > China Cotton Association: < /strong > < /p >

Historically, P has played an important role in protecting farmers' interests and ensuring market stability since 2011. It not only stabilized the domestic market, but also slowed down the volatility of the international market.

However, some international cotton traders believe that the Chinese government's implementation of the policy of purchasing and storage has some deep purpose, trying to manipulate the international market with huge inventory.

This is a misreading of China's temporary cotton purchase and storage policy.

China is a big country of textile and cotton. It is the policy choice to protect the interests of farmers and ensure the basic stability of cotton production. It is also a common practice of the governments of major cotton producing countries.

As a plan to introduce temporary cotton purchase and storage policy, the starting point is to solve the stage of supply exceeding demand. When the market is abnormal, the state stores and stores the cotton temporarily unable to consume by the textile enterprises, so that the market will get better and the cotton will be sold out.

Selling national cotton reserves is the basic principle of not reducing market prices.

However, this round of international financial crisis lasted for a long time and the extent of its impact was not what the parties would like to see. This made a policy defined as a phased temporary purchasing and storage policy at the beginning of policy design had to bear the enormous pressure to hold the cotton market in the whole year. Besides the tangible pressure of capital and storage capacity, there were also invisible pressures from inside and outside cotton prices, market operation mechanism and textile affordability.

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< p > < strong > reporter: do you think the long-term cotton purchase and storage policy needs to be perfected in the long run? How to improve it? < /strong > /p >

< p > < strong > China Cotton Association: < /strong > < /p >

There are two sides to everything in P. Dialectically speaking, from the current international and domestic economic situation and coordinating the interests of all parties in the industrial chain, how to improve the temporary purchasing and storage policy needs to be further studied.

The cotton industry chain is long, ignoring any side will hurt and will bring adverse effects on the whole industry.

In the long run, it is urgent to study the long-term policy mechanism for the sustainable development of industry in order to coordinate the relationship between industry and agriculture, the upstream and downstream industries, and the two domestic and international markets.

There are many suggestions for the industry, such as establishing a direct subsidy policy for cotton farmers to fundamentally protect the interests of cotton farmers.

Pilot projects in Xinjiang can be conducted in advance, and Xinjiang cotton base support policy should be given according to the Northeast grain base policy.

For example, the introduction of business turnover inventory, improve and improve the regulation mode.

But these suggestions from the cotton industry also need to be considered in the larger plates of the country, and there is still a need for practical solutions.

Cotton farmers are preparing for spring production in spring.

In 2013, the Central Document No. 1 was once again clear, ensuring the effective supply of important agricultural products, and timely starting the temporary storage and purchase of key agricultural products.

To understand the cotton policy of the new year, we must consider the overall interests of protecting the interests of farmers.

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