Cotton Direct Subsidy Rules Or Released In October

Recently, market rumors, this week cotton direct subsidy rules will be introduced. However, insiders told the great wisdom news agency that the cotton direct subsidy rules were released in October.

The person said that in September 27th, China Cotton store will hold a cotton conference in Xinjiang, and will consult cotton enterprises on matters related to direct subsidy. Before that, cotton direct subsidy rules were promulgated.

Related companies stock movements wisdom 5.98+0.000.00% is less likely.

In addition, the market should be Cotton price Relative target price fell more than 25%, financial funds will enter the market to buy the bottom to buy, solve the rumors of selling hard, the source pointed out that the state did not set a ceiling on direct subsidy, and the market rumors were not true.

Market participants also said in the interview that they fell more than 25%. Financial fund The rumour of entering the market for bottom purchase is relatively low.

on Cotton price For instance, a drop of 25%, corresponding to the price of 14800 yuan per ton cotton, the price corresponding to the cotton price is about 76 cents, and now US cotton December contract futures price of about 64.5, 76 cents from the price will also rise nearly 20%, such a possibility is smaller.

Related links:

A few days ago, the 2014 China fashion conference and the high-end forum of Xinjiang garment industry development were held in Urumqi, Xinjiang. The heads of relevant ministries and commissions of the state, experts, scholars and entrepreneurs from China's apparel industry gathered in more than 700 to pay attention to the transformation and upgrading of China's garment industry and explore new directions and new paths for innovation and development. At the same time, we will focus on the current situation and future prospects of Xinjiang's textile and garment industry, promote the integration and development of the mainland and Xinjiang industries, explore the internal driving force of Xinjiang's textile and garment industry, and promote the cooperation between Xinjiang and China and the Central Asian countries in the textile and garment industry.

Before the conference, Huang Wei, member of the Standing Committee of the the Xinjiang Uygur Autonomous Region Party committee and executive vice chairman of the autonomous region, met with Wang Tiankai, chairman of the China Textile Industry Federation who came to attend the 2014 China fashion conference and President of the China clothing association. Huang Wei and Wang Tiankai attended the opening ceremony and delivered speeches. The conference and forum is sponsored by China Textile Industry Federation, Ministry of industry and information technology and the government of the Xinjiang Uygur Autonomous Region.

Huang said in his speech that vigorously developing the textile and garment industry to promote employment is a major strategic plan for the central government to do a good job in Xinjiang. The Party committee and the people's Government of the autonomous region attach great importance to and conscientiously implement and accelerate the initiation and promotion. Starting from July 1st this year, ten supporting policies, such as taxes, subsidies and electricity prices, have been put into effect. The gold content of these policies will be high, which will form a policy "depression", which will greatly improve the investment environment of Xinjiang's textile and garment industry and reduce the cost of production and operation. Local textile and garment enterprises and mainland Xinjiang enterprises will certainly benefit greatly.

In his speech, Wang Tiankai said that this year's clothing convention was held in Xinjiang, and its significance is more significant and far-reaching. The central and autonomous regions have promulgated a series of unprecedented policies and measures for the development of the textile and garment industry. The future regional development of Xinjiang's textile and garment industry will become an important support and "biggest roundabout" for the long-term sustainable development of China's textile and garment industry. Xinjiang is a key area for the construction of the "Silk Road Economic Belt", and the construction of the "Silk Road Economic Belt" has become a major part of the national "one belt and one road" strategy. Through the construction of the "Silk Road Economic Belt", the economic ties between Asian and European countries will become closer, mutual cooperation will be further developed, and space will be broader.