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    Rectifying The Cotton Market Has Achieved Initial Success In &Nbsp; Cotton Monthly Ring Price Dropped By 15.2%

    2010/12/4 10:45:00 89

    Cotton Market

    In order to implement the "Document No. 40 of the State Council"

    Agriculture products

    Recently, the government and relevant functional departments of cotton producing areas have intensified market supervision and achieved initial results.

    In December 2nd, the standard grade lint average price was 26300 yuan / ton, which was 4700 yuan / ton, or 15.2%, lower than the November 9th peak of 31000 yuan / ton.

    Hot money speculation

    The momentum was initially curbed.

    Circulation order

    It has improved.


    First, organize market inspections.

    The Xinjiang autonomous region and the production and Construction Corps organized special forces to conduct a circuit inspection of the cotton market, focusing on illegal acquisition, unlicensed processing and other illegal activities.

    As of the end of November, a total of 1622 cotton processing and purchasing enterprises were investigated, and 130 cases of illegal market were investigated.

    The Xinjiang regiment ordered 11 enterprises over the scope of acquisition of cotton to carry out rectification, and punished 3 enterprises that violating external rental of cotton processing equipment.

    In addition, Shandong province has abolished the cotton processing qualification of 40 unqualified enterprises.


    Two is to strengthen cotton quality supervision.

    The cotton inspection institutions in accordance with the unified deployment of China Fiber Inspection Bureau, organize special supervision and inspection of cotton quality, and focus on cracking down on illegal activities such as purchasing and processing super moisture cotton, quality and logo incompatibility.

    According to statistics, since the launch of new cotton, the national fiber inspection system has dispatched 11 thousand cotton quality supervision and law enforcement personnel. 3984 cotton enterprises have been inspecting, 684 cases of cotton quality cases have been investigated and dealt with, involving 137 million yuan, and 12 adulteration of fake dens, and 75 sets of equipment for dismantling "two small soil" equipment.


    Three is to speed up cotton distribution.

    Xinjiang autonomous region in conjunction with the Ministry of Railways to strengthen the cotton pport scheduling, to ensure that every day cotton outbound leather goods remained at more than 300 knots, an increase of 50 knots.

    In order to overcome the adverse impact of the construction of double line railway in southern Xinjiang on cotton pportation, Xinjiang autonomous region subsidized cotton pportation in the southern Xinjiang and implemented the combined pportation of highways and railways, effectively alleviating the difficulties in the adjustment of cotton output in the southern Xinjiang.

    By the end of November, the Urumqi Railway Administration had accumulated 500 thousand tons of cotton in foreign pport, up 5.1% over the same period last year.

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