Temporary Purchase And Storage Of Cotton 10 Days To Start Two Cotton Price Difference Cited Industry Attention

In September 10th, China store cotton company started its 2012 year (September 2012 ~2013 August).

Temporary storage.

In 2012, the provisional purchase and storage price of cotton was set at 20400 yuan / ton, an increase of 600 yuan / ton compared with the previous year.

According to seed cotton padded clothes 37%, cottonseed price 2 yuan / kg ~2.4 yuan / kg and reasonable acquisition processing fee calculation, the corresponding reference price of seed cotton purchase is about 8.4 yuan / kg ~8.7 yuan / kg, which is about 0.2 yuan / kg higher than last year's purchase price.

In order to ensure that the storage and purchase policy is in place, the relevant state departments and local governments in the cotton producing areas have been deployed to strengthen.

Supervision and inspection, standardize purchase and processing order, require cotton processing enterprises to do not refuse, do not limit, do not level down the price.

At the same time, arrange the central storage cotton company to arrange the collection and storage points, and do a good job in the storage cotton paction, warehousing and capital settlement.

The provisional storage price is set at 20400 yuan / ton, 600 yuan / ton higher than that of last year, China.

Yang Shibin, assistant to the president of the Federation of industry associations, said that raising the cost of storing and storing can effectively protect cotton farmers' enthusiasm for planting cotton, and thus protect the supply of raw materials for cotton in China, and also protect the textile industry.

However, judging from the current market price, from September 3rd onwards, the central reserve cotton was set at 18500 yuan / ton (standard class) as the base price, and some cotton reserves were put into auction.

The price is still higher than the international cotton price.

If domestic and foreign excessive cotton price difference continues, enterprises will be unable to bear, causing enterprises to abandon cotton and use other raw materials, which will certainly reduce the use of cotton, in turn, will inhibit China's cotton planting.

For the existence of the price difference between the storage and storage, some people worry that there will be a "turn around cotton" phenomenon.

In this regard, Yang Shibin believes that this is a challenge for operators.

He appealed to relevant departments of the state to formulate supporting policies in a timely manner so as to stop and stop the appearance of the "turn around cotton" phenomenon. If the act of making use of the reserve price difference for profit making occurs, the state should resolutely crack down on it.