BINGTUAN Cotton Direct Subsidy Rules Released Cotton Prices Continue To Explore

The plan puts forward six major initiatives: first, the division will strictly publicize the planting area, the results of production and the sale of seed cotton; two, it is required that the cotton grown by the cotton growers in the corps must be given the subsidy to the regiment cotton ginning factory; three, it is clear that the production and calculation of the lint yield of the corps should be determined, approved and submitted; and four is that the growers will apply for subsidies to the farms on the basis of the seed cotton purchase and settlement bills issued by the ginning mills, and that the farms will pay the subsidy according to the seed cotton amount actually sold by the farmers; five, the standard, process and exit mechanism of the cotton target price subsidies for processing enterprises' processing qualification are formulated; six is to further play the role of the marketing network system of the military division cotton and hemp company and increase the marketing intensity. According to Xinjiang Tianshan network news, in August 14th, the Xinjiang regiment responsible person conveyed the "regimental cotton target price reform pilot scheme" (Draft).

"At present, the cotton system of Xinjiang regiment adopts the mode of separation of production and marketing and the two settlement.

As for the principle of "subsidy and separation" in the direct subsidy policy, it is personally believed that the regiment is much simpler to implement than Xinjiang, because it is more centralized and unified from production to sales.

Yu Lijuan, a senior analyst at Jinshi futures cotton, told reporters that only through the above plan, we may know that there is no limit to the subsidy for direct subsidy, and that the market price is entirely determined by the market.

If so, it is estimated that the price of new cotton will fall after the listing, and the short-term target of the 1501 contract is 13500 yuan -14000 yuan / ton.

Huang Shanghai, an analyst, said that since the Corps is a state-operated unit, planting is planned and arranged, so it is reasonable and feasible to implement the subsidy according to the price difference.

But cotton planting in Xinjiang is a personal activity and it is difficult to completely copy the regiment. This is why Xinjiang's direct subsidy rules have not been released yet.

Although it was announced earlier this year

Instead of the direct subsidy policy, the direct subsidy rules that should have been released before planting cotton have been dragged on.

According to industry sources, most of the cotton manufacturers involved in the Xinjiang package plant, the leasing production line and the cotton enterprises that they are acquiring are still on the sidelines. We expect that the Cotton Subsidy Rules in 2014 will be released before and after mid August, so as to ascertain the authorized participation as soon as possible.

"Acquisition and availability of agricultural banks, credit cooperatives and other bank lending support.

"At present, the supply of cotton in the market is mainly due to less resources available for throwing cotton and imported cotton. Most of the textile enterprises are still using cotton near the 16500-17000 yuan / ton. Due to tight funds, it is expected that cotton prices will fall in the next year, and they will not be able to keep stocks of raw materials and finished products."

Galaxy futures researcher Chen Xiaoyan said.