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    Should The Cotton Purchase And Storage Policy Be Stopped Or Continued?

    2013/7/16 21:33:00 14

    Cotton IndustryCotton Storage And StorageCotton Market

    < p > it is understood that in recent years, under the influence of the international financial crisis, the world economic growth continued to be sluggish, and the demand of main economies was insufficient. The global "a" target= "_blank" href= "http://www.91se91.com/" > textile < /a > goods and a target= "_blank" href= "target=" > trade in clothing was significantly lower, and the international cotton price dropped sharply.

    As a big country of cotton production and consumption, a large exporter of textiles and clothing, China has been seriously affected, and the industrial chain has suffered a lot of pressure.

    Although the number of cotton growing areas in the world's main producing countries has been reduced, the situation of oversupply has improved. China's a href= "http://www.91se91.com/news/" > textile > /a > clothing export has also resumed growth. However, the environment with insufficient demand has not changed.

    If the cotton market continues to slump, the sustainable development of the whole cotton textile industry will face severe challenges.

    < /p >


    < p > to stabilize cotton production, operators and < a href= "http://www.91se91.com/news/index_c.asp" > cotton enterprises < /a > market expectations, protect cotton growers' interests and ensure market supply, in April 12th, the NDRC website announced that the national development and Reform Commission, Ministry of finance, Ministry of agriculture, Ministry of industry and information technology, General Administration of quality supervision, inspection and quarantine, supply and marketing cooperative, and China Agricultural Development Bank formulated the "2013 cotton temporary storage and purchase plan", which was released by the State Council for approval.

    At the same time, the latest cotton grading standard will also be implemented. It is expected that the newly revised GB will be introduced from the end of July to the beginning of August.

    Analysts pointed out that the new GB will be fully integrated with the international cotton grading standard and become an important symbol of the domestic cotton market.

    The idea of this standard to reform the grade indicators is to separate the grade indicators and replace the HVI grading, the micron value and the rolling quality of the cotton color.

    According to the introduction, the new standard is divided into four types: white cotton, light spot cotton, light yellow cotton and yellow cotton, with 13 color levels.

    < /p >


    < p > for the cotton temporary < a href= "http://www.91se91.com" > purchasing and storage policy < /a >, people in the industry have different views.

    According to media reports, at the 2013 China International Cotton Conference, Ding Haowu, general manager of the national cotton exchange market, said that the policy of storage and purchase could be understood as "a satisfactory or three unsatisfactory".

    "One satisfaction" is that cotton farmers are basically satisfied. Through temporary purchasing and storage policy and stabilizing prices, the enthusiasm of cotton farmers to grow cotton is basically stable.

    "Three unsatisfactory" or "not satisfied": first, the circulation link, in addition to carrying out storage or importing cotton, there is nothing else to do; two, textile, especially cotton textile industry, the price difference exceeds its affordability.

    The difference is four thousand or five thousand yuan or even five thousand or six thousand yuan, and it is very difficult for cotton textile industry to digest this cost. Three is finance, and in order to store large cotton stocks, the annual national financial potential loss is over 20 billion yuan.

    < /p >


    < p > the director of the China Cotton Group Co., Ltd. Shi Jin Kai said that since the implementation of the cotton purchasing and storage policy, the positive role of China's < a href= "http://www.91se91.com" > cotton industry < /a > is worth affirming.

    The perfection of any policy needs a process. To some extent, it may cost a certain price.

    Now, the problems of temporary purchase and storage policy lie in the separation and separation of the international market and the two domestic markets, which is an important issue caused by the existing policies.

    < /p >


    < p > Gao Fang, director of the cotton and hemp Bureau of the China Federation of supply and marketing cooperatives and the executive vice president and Secretary General of the China Cotton Association, said that the implementation of the policy has been exposed to the present problem, and how to find a better policy for China is a problem to be considered in the future.

    < /p >


    < p > Liu Xiaonan, deputy director of the economic and Trade Department of the national development and Reform Commission, pointed out that the basic starting point of the policy has been achieved, but it is undeniable that any policy has its limitations.

    The temporary purchasing and storage policy has brought pressure on purchasing and storage, management pressure and weakening the market adjustment function.

    < /p >


    < p > cotton temporary purchase and storage policy has so many problems. So what kind of policy can solve the dilemma faced by < a href= "http://www.91se91.com" > cotton industry < /a > the industry suggests that China's cotton purchase and storage policy should be adjusted in time, and cotton farmers should be directly compensated to protect the enthusiasm of cotton growers and protect the interests of cotton farmers.

    < /p >

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