The Target Price Policy Guides The Benign Development Of Cotton Industry Gradually.

In April 7th, the national development and Reform Commission announced that the target price of cotton in Xinjiang this year was 19100 yuan / ton, down 700 yuan / ton compared with last year. According to the press, China began implementing cotton target price policy in Xinjiang last year, and implemented price subsidy policy in cotton fields in the mainland. Judging from the effect, compared with the previous cotton minimum purchase price policy, the cotton target price policy has straightened out the cotton market price formation mechanism, making the domestic seed cotton purchase price, the lint sale price and the international cotton price linkage enhanced, the price difference between domestic and foreign cotton and related products obviously reduced, and the survival environment of the downstream cotton enterprises improved.

"After Xinjiang's cotton price policy is clear this year, the focus of the market will be focused on the actual cotton planting area, the expected yield, the purchase price of seed cotton and the sale price of lint cotton. At the same time, whether the profit margins of downstream textile enterprises can be expanded and the number of imported cotton and cotton yarns is increasing is also the focus of market concern. Zhang Wenmin said.

Reporters in late March in Hebei, Shandong and other cotton areas found that due to the current domestic cotton seed, lint The market price of cotton yarn and so on is mainly formed by market mechanism, and the intensity of policy impact has been greatly weakened. This year cotton growers grow cotton, traders buy and sell cotton, textile enterprises purchase cotton and sell cotton yarn, etc. are relatively rational, and the phenomenon of gambling policy in the market has basically not existed. The goal price policy guides the benign development of cotton industry gradually.

　　 Xinjiang It is an important area of cotton production in China, and its annual output accounts for about 60% of cotton output in the whole country. stay Target price Under the policy guidance, the planting structure of Xinjiang cotton region is also changing, and the phenomenon that cotton planting area will only increase will be changed this year. According to reporters, Xinjiang plans to reduce cotton planting area by 4 million 665 thousand mu this year, reducing the scale to 15.72% of the total cotton planting area. The Xinjiang production and Construction Corps will also reduce cotton planting area by 1 million mu. According to the insiders, Xinjiang's cotton planting area is aimed at implementing the spirit of cotton target price reform, improving the supply and demand pattern of domestic cotton market and maintaining the smooth operation of cotton prices.

Zhang Wenmin believes that this year's domestic cotton planting area is expected to reduce, the probability of increase in production is small, but this does not mean that cotton prices will rise sharply, mainly domestic cotton stocks are relatively large, the price of international cotton and its products are also low, the domestic textile industry is still in the recovery stage. The price of domestic cotton and its products will undergo a stage of repeated oscillations before the direction can be clearly defined.

At present, the main cotton producing areas of Xinjiang, such as the middle and lower reaches of the Yangtze River, have entered the suitable sowing period, and cotton fields such as Hebei and Shandong have also entered the stage of preparation for planting. "From the perspective of cotton growers' planting intention, the trend of decreasing cotton planting area in the mainland will continue. It is estimated that the cotton planting area of Heze in Shandong will be reduced by more than 15% this year." Zawa Hirohito, general manager of the Industrial Development Co., Ltd., Cheung Kwok Keung, believes that cotton farmers in mainland China have made a big decline in cotton production in recent years. In addition, planting other crops with high yields and labor saving, domestic cotton planting will become more and more concentrated in Xinjiang. The market influence of the remaining mainland cotton regions such as Hebei, Shandong and Hubei will be smaller and smaller, and the layout of the cotton industry is changing.