Cotton Planting Area Hit 10 Years, New Low Cost Pressure Increased

The latest survey shows that Cotton planting For the first time in 10 years, the area fell below 70 million mu, down 6.8% from the same period last year. To stabilize market expectations, the head of the national development and Reform Commission said that the policy of open storage and storage of cotton will continue this year, and the specific price will be announced to the public in the near future.

On the five session of the two cotton trade association of China yesterday, China Cotton Association February cotton planting survey data showed that domestic cotton area was 68 million 160 thousand mu, down 6.8% compared with the same period last year, the lowest record in 10 years. Gao Fang, executive director of the cotton and hemp Bureau of the head office of the national supply and marketing cooperative and the vice president of the China Cotton Association, pointed out that the cotton planting area has generally been reduced, the output will be reduced and the cost pressure will be greater when looking at the global market situation in 2013.

Facing the situation that may be tense in the future, Li Yan, deputy director of the State Economic and Trade Commission of the national development and Reform Commission, said that through the consultation of various departments, in view of the current situation and the requirements of Document No. 1, the policy of open storage and storage of cotton will continue to be implemented this year to maintain the advantage. Cotton producing area The area is basically stable, stable market expectations and textile demand, and the specific price will be released to the public in the near future.

Li Yan stressed that from the current grasp of the situation, orders for textile enterprises have gradually increased since the beginning of this year, and the export situation has shown signs of improvement. The purpose of national macro-control is to maintain market stability. The policy seeks to establish a long-term mechanism under the state financial permit and promote the healthy development of the textile industry.

Du Min, director of the rural economic research center of the Ministry of agriculture, believes that before the maturity policy is established, the current policy of purchasing and storage will help stabilize the market this year, but we should take precautions and explore early next year's policy. The policy of temporary purchase and storage has played an important role in protecting the interests of cotton farmers. But the cost of reserves is too high and the national financial deficit is large, so we need to consider improvement. For example, direct subsidy to cotton farmers not only keeps lower costs, but also benefits the textile industry.

For the 2012 interim Purchasing and storage policy Work done and effectiveness, Li Yan said, last year after the temporary purchase and storage started, the market demand is not prosperous, the storage and processing become the main selling way of the processing enterprises, the storage and storage ahead of schedule, the large quantity centralization has become the main characteristic, the NDRC has arranged ahead of schedule, the central storage cotton promptly increased the storage point, increased the listing quantity, started the five level cotton collection and storage, at the same time strengthened the Xinjiang cotton shift storage transportation, in order to satisfy the enterprise to deliver the storage, altogether arranges the storage capacity 8 million 220 thousand tons, signs the big single 1 million 670 thousand tons. As of March 20th, the actual turnover of 6 million 270 thousand tons, according to the National Bureau of statistics output, accounting for 92% of the year's output, shipped 1 million 620 thousand tons of Xinjiang cotton.

Purchasing and storage drives the acquisition process faster than last year, and the sales rate of new cotton is about 96%. The purchase and storage guarantee market is running smoothly, seed cotton prices stabilized at 4.22 yuan / Jin, up 0.1 yuan, and the sale price of lint cotton was 19300 yuan / ton, up 700 yuan. The income of cotton growers increased, and cash income per mu increased by 141 yuan. The temporary purchasing and storage policy played a key role in preventing cotton prices from going down and solving the difficulty of selling cotton.