The Cotton Subsidy Ceiling Of 9 Provinces In China Is 2000 Yuan Per Ton.

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Net Xiaobian to introduce the China Cotton Association: 9 provinces Cotton Subsidy ceiling of 2000 yuan per ton.

After subsidized cotton target price in Xinjiang, subsidies for other provinces are also emerging.

Yesterday (November 5th), the daily economic news reporter learned from the China Cotton Association that a few days ago, the relevant departments of the state clearly pointed out that the Cotton Subsidy Scheme for 9 provinces in Shandong, Hubei and Hunan was 2000 yuan / ton in 2014 ~2015, and the allowance for each year will be 60% according to the target price subsidy standard of Xinjiang, with an upper limit of 2000 yuan / ton.

The central government's subsidy to the main cotton producing provinces is based on the cotton output determined by the National Bureau of statistics. The subsidy method is decided by the provinces independently, and it can be subsidized by area or by output.

Since the beginning of this year, domestic cotton prices have dropped sharply.

At present, level 3128.

The cotton picked by cotton growers is called seed cotton, and the cotton which is removed after processing cotton is called lint. The price is about 15000 yuan / ton, while the price is 19000 yuan / ton before half a year.

Recently, the acquisition price of front-end seed cotton has also dropped significantly.

According to the data provided by the China Cotton Association processing branch, the average price of the national cotton seed purchase in October was 6.09 yuan / kg, down 0.54 yuan / kg, or 8.14%, down 3 yuan / kg, or 33%.

"The downtrend will continue for a period of time," said Sun Liwu, an analyst at Zhuo Chuang information cotton. At present, cotton textile enterprises at the end of the century are more cautious in purchasing cotton, and the support for purchasing cotton prices is limited. "Spot cotton price is more likely to be 13500~14500 yuan / ton range concussion".

"Now we need to wait for the details of the subsidy rules, the cotton farmers' mentality of selling will slow down, and the sales progress of cotton will also accelerate."

Sun Liwu said.

"The specific implementation of this policy will help stabilize the cotton production and make the interests of cotton farmers to a certain extent free from market hard shocks and slow down the impact of market price fluctuations on front-end planting," he said.

Feng Mengxiao, chief economist of China cotton storage information center, said.

"With the release of the subsidy scheme, especially the implementation rules, most cotton growers will gradually slow down their attitude toward selling, and sell seed cotton on the market, but the price drop of seed cotton is a foregone conclusion."

Sun Liwu thinks.

"At present, there is still a slight (downward) pressure on the spot, but it is still a period.

The basis is obvious, and has the power to gradually narrow down.

Feng Mengxiao predicted that, overall, the price increase in the short term may not be big, "the difficulty of spot rise is relatively large."