Changyi: Partial Adjustment Of Cotton Yarn Price

Prices are still depressed, demand is slow, confidence is uncertain, seed cotton has been picking up, new cotton has not yet been listed, and the market outlook is weak.

Hoarding.

The whole cotton yarn price is partially adjusted, and the demand is higher than the previous one.

The demand for 21, 24, 32 and 40 is slow, and the demand for air spinning is slow.

There are many stock of grey cloth in cotton weaving factory, and the purchase of cloth fabric has increased slightly, and the width of plain weave and twill is centralized.

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Recently, the vice premier of the State Council, Wang Yang, went to Xinjiang to carry out the pilot project of cotton target price reform.

He pointed out that carrying out the pilot project of cotton target price reform can help explore and improve the price formation mechanism of agricultural products, better play the role of market allocation of resources, and make full estimation and adequate preparation for the problems that may arise in the pilot process.

According to the Ministry of agriculture, the target price level is determined by the method of production cost plus basic income at the pilot stage.

The target price only ensures that farmers get basic income instead of all proceeds. When the market price falls, farmers also have to bear some risk of falling profits.

Wu Xinnan, deputy inspector of the development and Reform Commission of the Xinjiang Construction Corps, formulated the rules for the implementation of the rules, and said that the government should not interfere in the market price, and the government would not intervene in the market price. The acquisition of the market price would help restore the vitality of the domestic industry and enhance the market competitiveness of domestic agricultural products. The subsidy method of the government should be changed from the "covert subsidy" contained in the price to the "direct subsidy" of direct payment, so that the producers could get the government subsidies in a clear way, which would help to reduce the intermediate links and improve the efficiency of subsidies.

At the same time, it is also conducive to improving the organization and scale of agricultural production, improving labor productivity, encouraging agricultural technological progress, controlling production costs and improving product quality.

"The pilot project of cotton target price reform can help explore and improve the price formation mechanism of agricultural products and better play the role of market allocation of resources."

Wang Yang, who visited farmers, cotton storage and textile enterprises in Xinjiang, stressed that the next step would be to increase pparency in cotton imports and cotton reserves so as to stabilize market expectations.