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Domestic And Foreign Cotton Prices Are Seriously Upside Down. The Industry Calls For The Release Of The Cotton Market.

2013/1/15 16:53:00 38

Cotton PriceCotton Price Upside DownDomestic Cotton PriceInternational Cotton Price

< p > "domestic cotton price is 18000 yuan per ton, international < a href=" //www.sjfzxm.com/news/index_cj.asp "> cotton price < /a > 13000 yuan per ton. The difference between the two is more than 5000 yuan, the quota of imported cotton is required, and the domestic textile is less than a href= "//www.sjfzxm.com" > clothing < /a > enterprises are under great pressure. Recently, in the 20th anniversary forum of Guangzhou white horse clothing city, many textile and garment enterprises told reporters. "The state should liberalize the cotton market and make direct subsidies to cotton farmers." The vice president of the China Textile Industry Federation and the chairman of the circulation branch < a href= "//www.sjfzxm.com/pioneer/" > Xia Ling min /a >, told reporters. < /p >
< p align= "center" > img border= "0" align= "center" src= "/uploadimages/201301/15/2013011516554560501.jpg" alt= "/" < br / > < > >
< p > it is learnt that China's cotton purchase and storage began in 2011, when the price of storage and purchase was 19800 yuan / ton. In 2012, the temporary storage and purchase price increased by 600 yuan / ton, reaching 20400 yuan / ton, and the acquisition was open. Such a direct result is that China's cotton prices unexpectedly rose, while the international market prices fell sharply due to the drop in demand. < /p >
< p > according to the statistics of the China Federation of textile industry, the average cotton price at home and abroad was 2410 yuan per month in 9~12 months in 2011. But by 2012, the average cotton price difference between the two countries rose to 3638 yuan per ton. From the end of August to the beginning of September, the domestic cotton price was 18520 yuan / ton, while the price of foreign cotton increased 1% yuan after the tariff and value-added tax was 13060 yuan / ton, the price difference was 5460 yuan / ton, and the spread was 67% compared with the beginning of the year. < /p >
< p > because China implements the quota system of imported cotton, the huge difference between domestic and foreign countries has seriously weakened the international competitiveness of domestic cotton textiles. Data show that China's exports of cotton products have overall negative growth. < /p >
< p > it is understood that in 2013, the state's cotton purchasing and storage policy was extended, while the level of storage and purchase was reduced to 5. In response, Xia Lingmin told reporters: "China should change in the cotton circulation system. The production and circulation of cotton should be marketization instead of regulation by import and export quotas. The current situation has been somewhat distorted. Because of the pressure from the state after its purchase and storage, domestic cotton prices are not high enough for enterprises to buy, and international cotton prices are low, and no quota can be bought. He also believes that industry should nurture agriculture, and cotton farmers can take direct subsidy, which is a common measure in Europe and the United States. < /p >
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