The Final Subsidy Standard For Cotton Target Price In 2015 Will Be Higher Than That In 2014.
According to the southern Xinjiang cotton enterprises reflect, the current contract is down steadily, the mainland cotton.
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The difficulty of loans increased by factories and operators, as well as the impact of India's cotton, West African cotton and American cotton arrivals in 2015/16.
Xinjiang
Cotton shipments were weaker than before, and buyers and sellers were deadlocked.
As of December 9th, Akesu, Bachu and Korla stations in southern Xinjiang picked up cotton grade 3128C2 and 3128B2 grade gross inspection price at 12600-12800 yuan / ton, 12900-13000 yuan / ton respectively, and the 2129B/ class a offer was 13100-13200 yuan / ton; and the pick-up grade of 3128C and 3128B at the Kuitun and Shihezi platforms in Jinghe, Shawan and Hutubi in Northern Xinjiang were 12300-12500 yuan / ton and 12600-12800 yuan / ton respectively.
Recently, the Ministry of finance of Xinjiang issued the Ministry of Finance on the pre allocation of the Xinjiang Uygur Autonomous Region in 2015.
cotton
The first batch of subsidy payment criteria is seed cotton 1.2 yuan / kg, and it will be paid before December 20, 2015.
Cotton farmers in Yuli, Pu Hui, Luntai and other places in Korla believe that this year's seed cotton
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The period was slightly delayed compared with 2014, and the sale progress reached 60%-65% at the end of October.
It is estimated that the final subsidy standard for cotton target price in 2015 is expected to be higher in 1.85-2.0 yuan / kg (Akesu, Kashi, Hotan, kzhou, four prefectures), or will be higher than the subsidy standard in 2014.
11-12 months, due to the need to return credit cooperatives loans, agricultural distributors credit and arrears to collect expenses, cotton farmers cash flow pressure is relatively large, expect subsidies to release funds as soon as possible.
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