Enterprises Appeal For Cotton Direct Subsidy Rules As Soon As Possible

< p > although the target price subsidy policy of cotton has been promulgated, the target price of 19800 yuan / ton has been determined, but the cotton direct subsidy rule has not yet been promulgated. At present, Xinjiang has formulated the Interim Measures for the management of the Xinjiang Uygur Autonomous Region cotton target price reform pilot subsidy fund, but only for the draft, the final rules need further examination and approval by the relevant departments before it can be confirmed.

From the new a href= "http://sjfzxm.com/news/index_p.asp" > cotton > /a > year time, the industry calls for the cotton direct subsidy rules as soon as possible.

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< p > Zhang Wenmin, general manager of the cotton industry division of Wanda futures, said in a media interview that the cotton prices continued to fall in the near future, and the more the more they fell, the more the market rumors were that the 3800 yuan / ton was the upper limit of subsidies. If they exceeded what should be done, there was no bottom price at the low price. If there was a bottom price, who would be entrusted with it, how to support it?

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< p > a few days ago, related research fellow of Hualian futures said that if cotton prices fell too low, the price gap between direct subsidy target and 19800 yuan / ton would be too large, so the state would not afford huge losses or make direct subsidy policy counterproductive.

Yu Lijuan, a senior analyst at Jinshi futures cotton, believes that since the implementation of the cotton direct subsidy pilot policy, the financial burden problem will not stop.

In contrast, direct subsidy has a more direct effect on the domestic cotton farmers' income and no increase in costs for downstream manufacturers and consumers.

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< p > according to Chen Xiaoyan, a galaxy futures researcher, it is estimated that the direct subsidy will be about 20 billion yuan at the current monthly price and Xinjiang production by 4 million 500 thousand tons.

She pointed out that at present, the industry's attention to the direct subsidy policy is mainly focused on three points: first, how to determine the "market price" of the direct subsidy, who will determine the guarantee of openness, fairness and fairness; two, whether the Cotton Subsidy Policy in Xinjiang will be extended to the mainland, how to protect the interests of the farmers in the mainland, and the three is whether there are other measures to stabilize or support cotton prices if the market is "difficult to buy cotton" or when the cotton price is "panic".

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< p > closer to the new cotton year, the industry calls for cotton straighten rules as soon as possible.

This reporter has learned that at present, Xinjiang has already formulated the Interim Measures for the use and management of the subsidy funds for the pilot project of "a href=" http://sjfzxm.com/news/index_p.asp "> the Xinjiang Uygur Autonomous Region < /a > cotton target price reform, but only for the manuscript. The final rules need further examination and approval by the relevant departments before they can be confirmed.

According to media reports, an industry insider was informed that the implementation details of target price subsidies formulated by Xinjiang were not reviewed. The main content of the cotton direct subsidy pilot scheme is that when the cotton market price is lower than the target price of 19800 yuan, the state will subsidize the two party price difference to the cotton producers; the cotton target price will be certain for a year, the state will formulate the target price of the lint cotton, the Xinjiang government announces the target price of seed cotton, the target price of cotton will be 19800 yuan in 2014, the temporary purchase and storage policy will be abolished, and the mainland's quota subsidy will be 2000 yuan.

The plan also shows that the subsidy method for cotton target price is that the subsidy funds are paid in 2 times, of which 60% of the subsidy funds are paid in advance before the cotton sale period in September, and the remaining 40% subsidy funds are paid according to the actual cotton sale volume in February next year.

In the specific subsidy, the public inspection system of cotton sampling and one card will be implemented, and the cotton green card system in Xinjiang is gradually implemented, and the comprehensive cotton support policy is carried out. After the State implements the target price subsidy, it will continue to give support to Xinjiang cotton base construction, water-saving irrigation, machine mining equipment, cotton good seed subsidies, cotton cotton yarn "a href=" http://sjfzxm.com/news/index_p.asp "> cotton < /a > freight allowance and so on.

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