Cotton picking period for sale Cotton storage not sold Cotton

The reporter learned from China Reserve Cotton Corporation Xinjiang Office that Xinjiang's cotton harvesting period is mainly concentrated from September to November. During this period, China Cotton Storage does not sell cotton to the market.

In order to protect the interests of cotton farmers and stabilize the enthusiasm of cotton farmers, from 2011 to 2013, the state has implemented a temporary purchase and storage policy for cotton for three consecutive years. At present, only cotton stocks that have been temporarily stored and stored have reached more than 10 million tons. These temporary cotton storage We must wait until after the centralized picking period for the sale, according to market conditions, timely market sales.

Liu Xiaonan, deputy director of the Department of Economic and Trade Affairs of the National Development and Reform Commission, explained at a press conference on the “Cotton Target Price Reform Pilot and Market Regulation” recently held that the new cotton year will stop putting reserve cotton for the purpose of buying and selling new cotton. Processing leave room, and it is the peak period of cotton acquisition and processing before March. After that, reserve cotton will be put into consideration according to the sales schedule of cotton.

Because China's cotton prices are higher than foreign ones, resulting in enthusiasm for the procurement of domestic cotton by textile companies is not high, but the idea of ​​trying to import cotton from abroad, for this country, a quota system for cotton imports. After this year's pilot reform of the cotton target price in Xinjiang, the cotton price will follow the market and gradually be brought into line with international cotton prices.

It is reported that the northern Xinjiang cotton has begun to enter the large-scale picking period, affected by the recent cold weather, the cotton picking period in Xinjiang this year has been postponed.