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2010 Cotton Prices Fluctuate 3 Times Higher Suspicion

2011/1/5 17:28:00 49

Because cotton prices fluctuate in 2010, 2011.

Cotton quotas

The assignment has attracted the attention of the industry.

In January 4th, the reporter learned from the China Cotton Association that the quota of cotton imports has been distributed to enterprises in 2011, including 894 thousand tons of import tariff quotas and 1 million 700 thousand tons sliding quota quotas, totaling 2 million 600 thousand tons, an increase of 700 thousand tons over the same period last year.

According to the Announcement No. twenty-seventh of the national development and Reform Commission in 2010, according to the Provisional Regulations on the import tariff quota administration of agricultural products, the import quota of cotton in 2011 was 894 thousand tons of cotton and 33% of state-owned trade.

The national development and Reform Commission has allocated the tariff quota of agricultural products to end-users by authorized agencies before January 1, 2011.

According to reporters, the 1 million 700 thousand tons sliding quota is the national development.

Reform Commission

According to the market gap, the first batch of quasi tax quota has been formulated.

In 2011, the quota will be increased according to the domestic and foreign cotton price trend and Xinjiang cotton pportation and marketing situation.

Xu Wenying, vice president of China Textile Industry Association and honorary president of China Cotton Textile Industry Association, suggested that the government should adjust the import sliding tax and adopt the subsidy way to seed cotton so that it can not only increase farmers' enthusiasm for planting cotton, but also take care of the interests of textile enterprises.

We should strongly support cotton textile enterprises to actively use cotton in two domestic and international markets, and suggest that the state purchase the international cotton at a timely low price for reserves. The reserve should be at least two months' domestic cotton demand.

At present, there are media reports that "

Imported cotton

The quotas were raised by 3 times. The reporter made verification to the national development and Reform Commission, the China Cotton Textile Industry Association and the China Cotton Association.

Relevant personages said that the content and the formulation had many inaccuracies.