Our Country Can Maintain The Basic Balance Of Domestic Cotton Supply And Demand And The Smooth Operation Of The Market.

In October 9th, the eight departments of the national development and Reform Commission, the Ministry of Finance and the Ministry of agriculture jointly held the national teleconference on cotton work. Zhang Xiaoqiang, deputy director of the national development and Reform Commission, said at the meeting that the demand for cotton in China in 2012 is relatively stable. Under the strong support of the temporary storage and purchase policy, China can maintain the basic balance of domestic cotton supply and demand and the smooth operation of the market through effective utilization of international market resources and reserve regulation.

It is said that under the situation of great changes in cotton situation at home and abroad in 2011, the state has coordinated various regulatory measures to rationally grasp the pace and intensity of regulation, stabilize market expectations, better protect the interests of cotton farmers and ensure the demand for textile cotton.

In 2011, the actual output of cotton in China was about 7 million 200 thousand tons, an increase of 500 thousand tons over 2010, an increase of 7.5%.

Affected by the economic situation at home and abroad,

Growth slowed down, coupled with the increase in chemical fiber substitution and other factors, cotton consumption decreased, domestic cotton consumption in 2011 was about 9 million tons, and production demand gap was around 1 million 800 thousand tons, down 1 million tons year-on-year.

Zhang Xiaoqiang introduced that in 2011, in order to strengthen the purchase and sale of pport, the state has shipped out.

Cotton 2 million 980 thousand tons, more than 660 thousand tons per year, an increase of 28.4%, the need for Sinop Xinjiang commodity cotton all shipped out, to protect the domestic textile enterprises to use high-grade cotton needs.

Before the spring sowing this year, the state announced the cotton temporary purchase and storage price in 2012, an increase of 600 yuan / ton compared with the previous year, which played a positive role in stabilizing cotton production.

"However, the cotton planting area has declined this year due to the decline in comparative income of seed cotton and the substantial increase in production costs.

Zhang Xiaoqiang said.

The latest survey by the Ministry of agriculture shows that cotton planting area is around 72 million 550 thousand mu this year, a decrease of 3 million 10 thousand mu compared with that of the previous year, a decrease of 4%.

"Except for part of the production area which was affected by typhoon and lodging and falling off, the weather in most other producing areas was basically normal, and cotton was growing well.

Zhang Xiaoqiang estimated that the actual output of cotton in the new year was about 6 million 900 thousand tons, 300 thousand tons less than the previous year, a decrease of 4.2%.

Zhang Xiaoqiang believes that 2012 cotton temporary purchase and storage face greater pressure.

By the end of August, the state reserve cotton stocks had reached the highest level in history, and the storage capacity was relatively tight.

Due to the oversupply of new cotton during the period of listing, the current market price is still lower than the reserve price, and textile demand is unlikely to improve in the short term.

As the number of storage and storage increases, the problem of insufficient storage capacity will become more prominent, and the difficulty of related tasks and coordination will also increase.

He disclosed that in order to ensure open purchase and storage, and effectively protect the interests of cotton farmers, the current storage cotton company has laid out nearly 4 million tons of storage capacity for storage and use.

Next, according to the progress of new cotton listing and the storage and storage situation, we should make timely arrangements for the subsequent Treasury points to ensure that the warehousing progress is normal during the peak storage period.

In the later stage, if the reserves increase rapidly, we must continue to do everything possible to tap the potential of social warehouses. We should set up simple open storage facilities in the areas where storage capacity is insufficient, so as to ensure the smooth operation of open storage and storage.

Zhang Xiaoqiang also said that after the situation of cotton production and consumption is further clarified, the departments concerned will study the cotton import volume plan in 2013, and timely and appropriately distribute import quotas to meet textile needs.