China'S Temporary Cotton Purchase And Storage Policy Will Not Be Implemented In The 2014/2015 Cotton Season

Du min, director of the rural development research center of the Ministry of agriculture's Rural Economic Research Center, told reporters on Thursday that "2014/2015 cotton season" temporary a href= "http://www.91se91.com/news/index_q.asp" > storage and purchase policy < /a > will no longer be implemented in P.

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< p > Du Min said that the policy of temporary cotton purchase and storage in China ended and the direction was basically qualitative.

However, 2014/2015 cotton season's new deal is still under discussion, such as the implementation of Cotton Subsidy Policy, whether it is per mu yield or mass production subsidy, and the quota and method are still not conclusive.

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< p > > the decision of the CPC Central Committee on several major issues of comprehensively deepening the reform was announced on the 15 day, pointing out that all those that can be formed by market prices should be handed over to the market.

It is explicitly mentioned that we should focus on making the market play a decisive role in the allocation of resources, deepen the reform of the economic system, uphold and improve the basic economic system, and accelerate the improvement of the modern market system, the macroeconomic regulation and control system and the open economic system.

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< p > < a > href= > http://www.91se91.com/news/index_s.asp > cotton > /a > the industry generally expects that the policy of temporary storage and storage of cotton with strong administration will end.

The cotton subsidy policy will be the fastest in March next year.

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< p > the move of the decision making institutions of the purchasing and storage policy has weakened the influence of the cotton enterprises on the policies, and the responsibilities of the storage entities have changed and gradually clarified and standardized. Under the high cotton price, the purpose of purchasing and storage is to turn the interests of the farmers into the supply of the market. Large unit pactions, complex storage and storage processes and the uncertainty of the withdrawal of the loans will reduce the attraction of purchasing and storage, and there is not enough profit for the enterprises to sell in the spot market.

Long term dissemination of information on purchasing and storage policy will increase the level of cotton farmers' reluctant sale, and the open acquisition with low default cost will also provide support for prices.

The lower the price of the acquisition period, the greater the delivery reserves, the smaller the market pressure after the end of the purchase and storage, and vice versa.

The temporary purchasing and storage policy can make the storage index open, but it can not guarantee that the initial inspection and the public inspection can follow up simultaneously.

Therefore, the market trend during the storage period depends on whether the funds are sufficient and the cotton farmers are reluctant to sell.

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< p > China a target= "_blank" href= "http://www.91se91.com/" > textile < /a > Wang Tiankai, President of the Federation of industries, said earlier that the direction of cotton farmers direct subsidy was basically established and has been implemented in the cotton season of 2014/2015 in the process of forming policies.

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