Gao Yong: Direct Subsidy Is Expected To Break The Cotton Dilemma

< p > cotton purchasing and storage policy did play a positive role in supporting the market at the beginning of its implementation. However, with the continuous implementation of the policy and the increasing scope of purchasing and storage, the supply of cotton in the market was in short supply. It did not achieve the goal of benefiting cotton farmers, but also hurt the business demands of < a target= "_blank" href= "http://www.91se91.com/" > textile < /a >.

Regarding this, Gao Yong, vice president of the China Textile Industry Federation, said: "only by implementing the direct subsidy policy for cotton farmers can we break the existing" a href= "http://www.91se91.com/news/index_c.asp" cotton industry < /a "dilemma.

At present, the authorities are studying the details of the policy, and the next step may be a pilot project, which may be promoted in a year.

Xinjiang is one of the pilot areas that we recommend. "

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< p > the author: at present, the turnover of cotton reserves is rather cold. As of July 16th, the total amount of the total stock was 12137004.91 tons, with a total turnover of 2989331.453 tons, with a total turnover of only 24.63%.

What is the reason? < /p >

< p > Gao Yong: there are three reasons.

First, the storage price is too high, about 19000 yuan / ton, resulting in the overall turnover is slack.

The recent turnover has picked up because most of the stored cotton is Xinjiang cotton and < a href= "http://www.91se91.com/news/" > imported cotton < /a >, with better quality and welcomed by enterprises.

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< p > 2. Cotton quality of 2012/13 cotton season is too poor.

Because this year is open storage, many cotton shoddy.

And because the quantity of storage and collection is too large, it is difficult for the inspection department to screen carefully, and all the cotton collected will lead to a decline in the overall quality of cotton.

In general, Xinjiang cotton and imported cotton are of better quality. Xinjiang cotton is mostly stored in warehouses in Xinjiang and near Xinjiang provinces. Therefore, enterprises buy cotton according to the location of the warehouse where the reserve cotton is located to determine whether to buy it.

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< p > Third, the issue of enterprise funds.

Recently, textile enterprises have low operating efficiency and insufficient liquidity, and at the same time, bank loans have also tightened. They can only buy as many as they need.

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< p > Author: why is the storage price high? What is the current survival situation of textile enterprises? < /p >

< p > Gao Yong: in 2011/12, cotton consumption in China and India increased sharply, and the cotton price in the world increased, reaching a maximum of 32000-33000 yuan / ton, when international cotton prices were unchanged from domestic prices.

However, since the beginning of 2011, cotton prices began to plunge and fell to around 26000 yuan / ton, and many enterprises, including textile enterprises, reflected the relevant departments, hoping that the state could introduce policies to support the market.

Therefore, the purchase and storage policy came into being, and the cotton price at that time basically stabilized at 20000 yuan / ton.

Domestic cotton prices therefore stabilized, but the international cotton prices continued to fall, once fell below 13000 yuan / ton. Last year, the difference between the domestic and foreign prices remained at 6000 yuan / ton in the last six months.

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< p > it can be said that the initial purchase and storage policy was born in the market demand and played a positive role in stabilizing domestic a href= "http://www.91se91.com" > cotton price < /a >.

However, after the domestic cotton prices stabilized, domestic cotton prices and foreign cotton prices had a larger price difference, coupled with the implementation of the policy of purchasing and storage in 2012/13, the price was raised from 19800 yuan to 20400 yuan, and it was open to storage and storage. Almost all the 2012/13 cotton output in the year was about 6000000 tons.

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After the domestic cotton price rises, the price difference between China and foreign countries has further increased, resulting in higher cotton price in China than that in the international market, making China become a net importing country from the yarn exporting country to the yarn market.

From the perspective of the industrial chain, a large number of imported cotton yarn has led to a large number of shutting down of the "a href=" http://www.91se91.com "spinning" enterprise "/a" at the front of the industrial chain, in other words, the current situation of the textile industry is to sacrifice the most advanced spinning enterprises to preserve the entire industrial chain.

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