Implementation Plan Of Cotton Target Price Reform Subsidy Work In Jiangsu Province In 2015

The Jiangsu provincial finance department, the development and Reform Commission and the Agriculture Commission jointly issued the implementation plan of Jiangsu province's cotton target price reform subsidy work in 2015 (Su Cai Yuan [2016] 7).

The plan is to implement cotton target price reform.

The guiding ideology, the basis and standard of subsidy, the scope and object of the subsidy, and the requirements of the work have been stipulated very clearly.

Among them: the basis and standard of subsidy are issued on the basis of the subsidy area of cotton varieties in 2015, the subsidy standard is 206 yuan / mu, which is unchanged from last year.

According to the regulations, nearly 7000 households in the county have been obtained in Sheyang.

Cotton farmers with better seed subsidies continue to benefit from it.

According to the average output in 2015, each kilogram of seed cotton will receive a national subsidy of 1.06 yuan.

It covers all cotton growers in the cities, counties (cities, districts) and provincial farms, etc., but the contracted land is pferred to others, and will be disposed of according to the contract agreement.

The time of issuing funds will be distributed to households before the end of May after the relevant procedures such as verification of subsidy area to households and publicity.

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The national development and Reform Commission announced the announcement of the reserve cotton rotation. In 2016, the reserve cotton rotation will take place in May. The pricing will take the form of "asymmetric rotation, first round and backward entry, multiple rounds and fewer rounds". The prices, quality and weight of reserve cotton that textile companies are concerned about will become clearer.

The quality of the reserve cotton from this round is increased, and the procurement is more advanced for enterprises.

Spinning 32 or less yarn is not a big problem. Part of the reserve cotton can be spun into 40 yarns, so the spinning of the medium and low count yarn is the biggest beneficiary.

For enterprises producing high count yarns, the willingness to purchase cotton reserves is low, but the price of reserve cotton reduces the spot market price and the procurement cost of textile enterprises is reduced.

Taking into account the current spot market situation, this reserve cotton priority gives priority to the import of cotton and textile enterprises that are in urgent need of high quality cotton, and textile enterprises have a higher degree of concern for imported cotton reserves. Besides quality, more importantly, the settlement of the net weight of imported cotton reserves is heavy.

Whether the reserve cotton production can meet the "win-win" situation that the state goes to stock and the small and medium-sized textile enterprises live, or depends on the textile demand situation.

In March, small and medium-sized textile enterprises, due to various costs, funds and sales, had limited production and shutdowns, especially those producing 32 yarns.

In large textile enterprises, the enterprises that produce high count yarn and blended yarn have better profits, and pure cotton yarn is hard to say.

After the official launch of the reserve cotton, some of the small and medium textile enterprises are going back to work. Considering the factors of labor, hydropower and imported yarn prices, the enterprises will wait and see the paction price of the reserve cotton and choose the right time to resume work.

Downstream clothing and clothing, since the beginning of March, sticky short, polyester short cumulative increase of about 500 yuan / ton, and cotton yarn prices fell slowly, some clothing enterprises in the procurement of fabrics has placed their eyes on all cotton grey cloth, procurement volume also has an increasing trend.

In addition, garment enterprises also admit that the colorful and functional chemical fibers on the market have been accepted by consumers. It is rather difficult for cotton products to return to the position of "boss".