Xinjiang Cotton Purchase To Eliminate "Ious" Not Coax Price

This is an urgent notice issued by the general office of the people's Government of the autonomous region concerning the effective work of stabilizing the cotton market at present.

We must seriously punish and punish the "ious" enterprises, and ensure that the interests of the peasants are not damaged.

At the same time, the people's Bank of China should strengthen guidance and supervision, and prohibit commercial banks from issuing loans to individuals and individuals engaged in cotton purchase.

The notice requires strict enforcement of adulteration and illegal business practices.

Weather affects cotton

The 101 group of cotton farmers in the six divisions of the five family farm, Li group, lost more than 10 thousand yuan in cotton in 2009. In those days, he had experienced the experience of buying seed cotton from 5.3 to 5.6 yuan per kilogram and falling to 3.8 to 3.9 yuan per kilogram.

This year, Li Weiqun's seed cotton purchase price has reached 10.5 yuan per kilogram, double that of last year, but he reckoned that when the cotton was sold out, the income would be just flat.

Like Li Weiqun, more than 600 cotton farmers in the regiment face the embarrassment of soaring cotton prices and mediocre income.

"This year's harvest is not good. The frost in May reduced cotton production by 20%."

Li Weiqun said.

Akesu Yida Agriculture Development Co., Ltd. purchasing department staff said that because of the low temperature this year, the cotton bolting period in our district has been postponed about 15~20 days compared with previous years.

Throughout the country, the three major cotton regions, namely the the Yellow River River Basin, the Yangtze River Basin and the northwest inland area, are all affected by the weather, and the cotton output has dropped significantly.

"There is a big gap in the cotton market this year."

The staff said that the cotton harvest was not good because of the poor harvest, and some cotton farmers began to stock up, which made the shortage of cotton worse.

At present, the purchase price of the upland cotton has reached 12 yuan per kilogram, and the purchase price of long staple cotton is 14 yuan per kilogram, which is twice that of the same period last year.

Government plans to stabilize cotton market

The notice indicates that the cotton price has risen sharply, causing some cotton purchasing enterprises to scramble for resources and drive up cotton prices. Some small cotton ginning mills and local cotton gin are processing cotton illegally, resulting in a decline in cotton quality and will disrupt the cotton market order in our region.

In order to ensure the steady development of Xinjiang's cotton market, the notice requires that enterprises and units that have obtained cotton processing qualification have to recheck their qualifications, and have the conditions of acquiring funds, purchasing sites, fire safety, inspection equipment and qualified cotton inspectors before processing cotton. If they do not have the qualifications, they should immediately cancel their qualification.

Relevant departments will resolutely clamp down on units and individuals who have not been qualified for processing cotton processing without authorization.

Enterprises that qualify for accreditation shall not facilitate the processing of cotton processing by enterprises that are not qualified by means of affiliation, lease or contract.

At the same time, the relevant departments of industry and commerce, quality supervision, public security, fire protection and justice will form a joint inspection unit in the autonomous region to carry out centralized management of cotton market management in the Xinjiang region, strengthen the supervision of cotton market and quality, and maintain the order of cotton purchase.