It Is Expected That The Domestic Cotton Price Will Continue To Maintain A Stable Operation Pattern

China National Cotton Reserve Management Corporation (hereinafter referred to as "China National Cotton Reserve Corporation") officially launched the temporary cotton storage in 2013. Since the transaction started on September 18, it has entered the ninth week of the purchase and storage transaction. As of November 12, the cumulative transaction volume has reached 2.03 million tons, accounting for about 30% of the total annual output. Among them, 420000 tons were sold in the mainland, accounting for 21%; Xinjiang has sold 1.02 million tons, accounting for 50%; Backbone enterprises in Xinjiang have sold 589000 tons, accounting for 29%.

Since the start of the purchase and storage policy, the turnover and turnover rate of cotton in Xinjiang are far higher than those in the mainland. Due to the slow speed of cotton picking and selling, the improvement of cotton delivery and storage standards, and the enterprises' unadaptability to the new national standard of cotton, the cotton collection and storage speed in September was relatively slow compared with the same period last year. Since October, the speed of new cotton collection and storage has gradually accelerated, and the collection and storage volume has continued to expand. The daily turnover has exceeded 100000 tons, which has a strong supporting effect on the cotton market. Recently, the picking of new cotton in the main domestic production areas has come to an end, and the reluctance of cotton farmers to sell has eased slightly. However, the quality of seed cotton in the later stage is lower than that in the earlier stage. In addition, the price of cotton seeds has generally fallen back, and the ginning plant has a meager processing profit, so the purchase is more cautious. At present, the temporary collection and storage of domestic cotton has exceeded 2 million tons, which has formed a great support for the market. It is expected that the domestic cotton price will continue to maintain a stable operation pattern.

In 2013, the temporary collection and storage policy was implemented for the third year after the issuance of the 2011 Plan for Temporary Collection and Storage of Cotton. The domestic cotton collection and storage has been comprehensively and deeply promoted from temporary motion to normalization and institutionalization. The various processes and mechanisms of temporary collection and storage have been improved, and the effect in protecting cotton farmers and stabilizing the market has also been significantly reflected. The basic income of cotton growers was effectively guaranteed, and the domestic cotton price remained basically stable. As the main body of the implementation of the temporary cotton storage plan, the Central Cotton Storage Corporation, through vigorously implementing the national temporary cotton storage policy, actively promoting the delivery and storage of large order enterprises, relieving the pressure of storage capacity, fully showing the "reservoir" function, under the guidance, help and support of the relevant departments, unifying ideas, gathering strength, and taking multiple measures to implement the task of temporary cotton storage, Earnestly implement the "two guarantees and one stability" (protect the interests of cotton farmers and ensure spin Demand, stabilizing the cotton market), and earnestly fulfilled the political and social responsibilities that a central enterprise should bear.

At the same time, the sharp increase in inventory also indicates that CCSC is facing greater challenges and storage capacity pressure. In view of the characteristics of large and centralized delivery and storage, CCSC has taken various measures, such as timely increasing the storage and storage points, timely increasing the daily listing of storage and storage, starting the large order delivery and storage mechanism, and accelerating the inland transfer of Xinjiang cotton, to improve the efficiency of delivery and storage, meet the needs of enterprises for delivery and storage, and effectively protect the interests of cotton farmers. At the same time, in line with the principle of being strict in everything and referring to the new national standard, we strictly control the quality of storage and take strict precautions against "revolving cotton", which has played a better role in standardizing and guiding the processing enterprises. CCCC has comprehensively and deeply carried out the standardization construction of safety production, further standardized the safety production behavior of enterprises, improved the safety production conditions, and strengthened the basic safety management. During the warehousing period, the working face arranged safety officers to strengthen the supervision of unloading, set up patrol checkpoints, and carried out 24-hour patrol inspection on the cotton warehoused. The Supervision Section of affiliated units strengthened the supervision of the security business of the repository, and guaranteed the organization, personnel and funds. It ensures that the storage of reserve cotton is carried out safely, smoothly and orderly, and basically meets the requirements of batch, data account and reality, without errors and accidents. The leaders of the company went deep into the grass-roots level and the front line to express condolences, inspection and guidance to the employees in the front line of seed cotton purchase, and asked the cotton farmers for their opinions on the purchase price, preferential policies and temporary storage plans, so as to do a good job in "serving agriculture, rural areas and farmers" and the publicity and implementation of national policies.

In the next stage, CCCC will thoroughly implement the guiding spirit of the Third Plenary Session of the 18th CPC Central Committee and relevant departments, continue to play the fine tradition of being able to bear hardships and fight with a high sense of political responsibility and mission, be confident, face difficulties, innovate management, and do everything possible to accomplish the mission of "two guarantees and one stability" assigned by the country.