Next week the domestic cotton market will officially enter the year 2014/15, the detailed rules for the implementation of Xinjiang new year cotton price target subsidies pilot has not been announced, the market given great attention. Rumors present compared before more consistent, reflects some rules to emerge. Http://www.baijiantest.com/news/show-475688.html
Market rumors mainly include:
The 1 Xinjiang regiment cotton subsidies for reference according to the output, the Xinjiang autonomous region is 60% according to the area, 40% in yield, the rumor is basically not large variables.
2 subsidy calculation basis. The state financial subsidies amount temporarily not set a clear upper limit argument, but the total amount of subsidies will calculate according to the yield of cotton. The market in which institutions of national cotton yield as a basis to guess more concentrated to the Bureau of statistics data. From the current information, the latest forecast Bureau of statistics may have greater adjustment than in previous years.
3 X. In the bottom price, rumors have multiple versions: including the state will have a clear bottom price, or intervene in the market and no backing, or is the price case matched control plan etc.. But from the current point of view, in the market regulation China home in order to improve the effectiveness of the policy, more inclined to let the market play a decisive role, in the allocation of resources to fluctuate in line with market conditions, the government will not easily early intervention in the market. Inside and outside mianjia difference and cotton farmers difficult to sell cotton will be the government to consider the premise of hand.
4 price collection. During the period from September to November will be the target price subsidies during the recovery period of seed cotton price. It is understood, at present Chinese Cotton Association and related departments have already do layout work of price monitoring.
5 cotton ginning factory in. Market rumors Xinjiang will be ginning factory authorized, authorized qualified enterprises can participate in the target price subsidies to purchase qualifications, farmers only get subsidies through authorized ginning factory sold to, cotton ginning factory requires the cotton into the supervision warehouse. The market is more concerned if ginning factory not in supervision warehouse directly to the cotton sold out, will affect the Xinjiang transportation subsidy application; in addition, countries or through some ways to encourage cotton ginners will cotton stored in the warehouse, but also by some measures to restrain the behavior of cotton ginning factory.
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