According to the latest information released by the SASAC website, in order to stabilize market expectations of cotton producers, operators and cotton enterprises and protect the interests of cotton farmers, according to the relevant provisions of the "Proposal of Temporary Storage and Storage of Cotton 2013" issued jointly by the State Development and Reform Commission and other seven departments, Since the beginning of the 2013 cotton year, the cotton prices in the market have been below the national cotton reserve price of 20,400 yuan / ton for five consecutive working days. After confirmed by the relevant state departments, on September 9, China National Cotton Reserve Management Corporation (hereinafter Referred to as "cotton storage Corporation") officially launched the fiscal year 2013 cotton temporary storage work. It is reported that the temporary cotton reserve price for the year 2013 is 20400 yuan per ton (standard weight) of standard grade lint to the store price, cotton color level, length grade, micronaire value, breaking strength, length uniformity, In accordance with the "on the adjustment of" China Cotton Association Cotton Quality Difference Table "notice" implementation. The purchase price of seed cotton for cotton storage shall not be lower than the reference price of seed cotton purchased by China Cotton Association. The non-performing reference materials for the purchase of seed cotton will be included in the industry blacklist and canceled. Storage and purchase transactions through the National Cotton Exchange (hereinafter referred to as "trading market") storage system, from September 9, 2013 onwards, to March 31, 2014, involving Tianjin, Hebei, Shanxi, Jiangsu, Anhui , Jiangxi, Shandong, Henan, Hubei, Hunan, Shaanxi, Gansu and Xinjiang provinces (autonomous regions and municipalities). In addition, the temporary storage and purchase of cotton this year by the China Fiber Inspection Bureau (hereinafter referred to as "the Central Bureau") in the storage site for weight inspection and quality inspection. The quality of the cotton for delivery and storage shall be the responsibility of the processing enterprise for a lifetime. During the process of warehousing, storage and delivery of the cotton, the quality of the cotton will be found out by the Central Processing Bureau according to the relevant regulations. The Central Cotton Storage Corporation will cancel the processing and delivery of the processing enterprises qualifications. Three days before the store starts (September 9 -11 days), the daily plan to close and close the 2013 annual cotton 43,400 tons, due to just entering the new year, cotton has not yet a large number of stock, no temporary closing. With the latter part of the new cotton swarming volume and the amount of picking increases, it is expected that the cotton company will gradually increase the volume of open-book acquisition, storage volume will also increase. Spinning enterprises generally believe that this storage, delivery deposit from 300 yuan / ton to 500 yuan / ton, and clear business for the delivery of cotton is responsible for life. In accordance with the principles of all the strict rules for purchasing and storing, formulated according to the principles of the new national standard, it will play a normative and guiding role for processing enterprises. This year, the quality of cotton reserves is expected to be raised. According to the old standards, one of the major distress of textile enterprises is that "high-grade cotton may not be able to spin high-grade yarn." According to the increased color-level implementation of the new national standard in the new fiscal year, the problem of textile enterprises is expected to be solved. In particular, Quality, length uniformity, the ratio of broken, heterosexual fibers and other indicators have a clear rule, the effective reduction of spinning costs. Spinning enterprises said, "I hope the new national standard in the purchase and storage policies, the upstream processing enterprises and farmers can gradually accept and implement." New Race shares had previously said that when the new cotton market this year, will open the acquisition of seed cotton, active delivery, Scheduled to pay 16,000 tons.
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