my country\’s cotton replenishment policy and storage price attract the attention of all parties in the world

Textile information from Standard Group (Hong Kong) Co., Ltd.: My country\'s cotton replenishment policy and storage price have attracted the attention of all parties in the world. At present, the news of domestic cotton policy suspicions and market trend analysis continues, and the entire cotton textile industry is in a sensitive period of policy and market.

For those in the cotton textile chain, what is the target price of direct subsidy for cotton in 2015/2016? Will there be changes in the implementation rules?

A series of issues, such as when and how much the national cotton stock will be released into storage, have become the most concerned hot spots in the industry.

From March 27 to 29, the Jinling Cotton and Cotton Yarn Forum was held in Nanjing, Jiangsu, organized by China Cotton Textile Industry Association and China National Investment Trading Co., Ltd.; More than 500 people from home and abroad, includingThe China Textile Industry Federation, the National Development and Reform Commission, the Ministry of Commerce, the Ministry of Agriculture, the China Fiber Inspection Bureau, the General Administration of Customs, the Australian Embassy in China, the American Cotton Association, and representatives of cotton textile companies and cotton merchants participated in the forum to discuss and exchange current industry issues.

According to the usual practice, the country will announce the target price of the cotton subsidies for the new year in mid-April. So, will the cotton subsidy price in Xinjiang rise or fall? How much do you think cotton production will change?

This forum conducted an on-the-ground survey of professionals in the form of questionnaires. Of the companies that participated in the survey, 64% believe that the target price will be lower than 19,800 yuan/ton this year; 23% of companies think it will be the same as in 2014.

Whatcotton production in 2015, 67% of the surveyed enterprises believe that it will decrease by 10%~20%, and 28% of enterprises believe that it will decrease by 20%~30%.

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