Xinjiang Announces Implementation Plan Of Cotton Target Price Reform Pilot

17 days,

The Uygur Autonomous Region People's government announced the implementation of the cotton target price reform pilot scheme. 60% of the central subsidy funds will be subsidized according to the cotton planting area, and 40% will be sold according to the actual amount.

At the same time, cancel the temporary purchase and storage.

The industry believes that this means the new year.

The price is formed by the supply and demand of the market, which helps stabilize cotton prices, straighten out the whole cotton spinning industry chain and lead the cotton textile industry to recover.

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In order to ensure the cotton target price subsidy policy and the smooth implementation of the cotton professional storage system, and truly reflect the cotton production and stabilize the overall situation of cotton production, the China Fiber Inspection Bureau and the relevant parties have fully coordinated and repeatedly communicated, and formulated the "implementation measures for supervising cotton notarization inspection" (Provisional).

It is understood that the implementation of the regulation for the acquisition and processing of cotton, cotton inspection and warehousing, warehousing weight inspection, sampling, sample handover, and subsequent instrumentation and fair inspection and other related content has been clearly defined.

In the process of supervising cotton warehousing weight inspection, sampling and subsequent instrumented inspection, the professional inspection institutions that find quality problems, those who fail to perform their duties or have serious work quality problems will be dealt with according to the relevant regulations.

The implementation method also stipulates that the inspection of special cotton (long staple cotton, cotton picking, large cotton covered roller cotton, etc.) may be carried out in accordance with the present implementation measures and impartial inspection of the current effective national standards of special cotton.