18, China textile industry association, vice President of ChangSunRuiZhe revealed in an interview with the China securities journal reporter, cotton purchase and storage policy is expected to make adjustment in this year, namely to direct subsidies for cotton farmers. Recent upcoming cotton meeting will further discuss the policy in xinjiang, xinjiang region is expected to take the lead in becoming the first pilot area.
Analysts pointed out that the purchase and storage policy adjustment means that the store will gradually fade out the cotton market, cotton cotton trading circulation will rely more on market supply and demand. The policy in the interests of the farmers at the same time, do not harm the textile apparel industry, the textile and garment industry is expected to get cheaper raw materials.
Direct subsidies policy or introduced this year
"Direct subsidies to farmers is expected to be in cotton producers in xinjiang with the first pilot, and gradually spread across the country." Fend off to China securities journal reporter said.
Deputy director general of the national development and reform commission economic and trade department LiuXiaoNa has international cotton said on a conference in China, the national development and reform commission and relevant departments are studying how to further improve the cotton market regulation mechanism, explore to establish a long-term mechanism to promote the development of cotton industry long-term stable and healthy. He also revealed that countries are working on measures that would ease the cotton market distortions caused by purchasing policy. Next year, insiders expect cotton purchase and storage policy adjustment is a big probability event, 2013 or will be cotton "packaged" the year of purchase.
Insider, in order to establish long-term regulatory mechanism, relevant state departments have begun to study relevant measures, make purchasing and marketing tools, the policy of direct subsidies to cotton farmers are expected to come.
Zhuo Sun Liwu gen information analyst thinks, nationwide, to the unknown area regional scattered, and direct subsidies policy execution or there is a big difficulty. In view of the domestic cotton city development, purchase and storage policy will be an end, going into 2014 policy adjustment is inevitable.
From 2012 annual cotton purchase, finally the actual storage capacity is 6.62 million tons, including mainland xinjiang 4.21 million tons, 4.21 million tons. Cotton closed reserves accounting for 89% of the total cotton production, cotton to list and few and far between.
With the rapid increase of total cotton purchase, inventory risk is enlarged. The personage inside course of study introduces, at present the store inventory of cotton is equivalent to the usage of China's textile industry a year. If coupled with the collection and storage of 2013, total will exceed 13 million tons.
Sun Liwu on China securities journal reporter said that a simple purchase and storage policy to protect farmers and stable domestic cotton prices has played an important role, but also lead to uneven pace of market resources supply and demand, domestic and international cotton prices gap, leading to domestic FangQi falling profits.
FangQi is expected to reduce costs
At present, the textile and garment enterprises, the cotton material cost 50% to 60% of the cost of fabric. Cotton high percentage of purchasing and distribution of cotton and cotton prices upward, become weaken FangQi export competitiveness of important factor.
To reduce the pressure from high prices for cotton spinning enterprises, national import quota of 2013 3:1 ratio, that is to say, the cotton spinning enterprises to purchase 3 tons of domestic cotton, cotton import quota to achieve 1 ton, but only part of the cotton spinning enterprises with bidding qualification to enjoy, and the permits and time dislocation between cotton textile clothing enterprise raw material demand.
Sun Liwu said, adjust the purchase and storage policy contributes to the formation of the cotton market price mechanism, slow textile and garment industry. In addition, cotton import quotas and other related policies or also can appear synchronous adjustment. Cotton material, with the protection will help to reduce external dependency, textile enterprises get more cheap raw materials from domestic.
However, despite the purchase and storage policy adjustment is expected, but 2013 annual cotton purchase will continue to be implemented. LiuXiaoNa said yesterday, the new annual cotton will implement the new standards, new price difference, valuation measures will also be released as soon as possible.
According to the national cotton market monitoring system in mid-may in the survey, the national cotton ShiBo 70.809 million mu, fell 2.432 million mu, a 3.3% drop.
The source "of Chinese textile net"