This Year'S National Cotton Storage Will Be Released On The Premise That The Market Price Is Not Suppressed At The End Of June.

In June 11th, the biennial 2015 China International.

The meeting opened in Ningbo, Zhejiang.

On the first day of the meeting, authoritative figures from the national development and Reform Commission and the China Cotton Association analyzed the trend of China's macro-economy under the new normal, and the latest development trend of China's cotton industry in the new year. The representatives from Cotlook and NCC also analyzed the international trend.

The trend.

Reporters learned from the meeting that this year's national cotton storage will be based on the premise that the market price is not suppressed, and will take the way of rotation and operation.

Yin Jian, deputy director of the State Economic and Trade Department of the national development and Reform Commission, said that the launch of the national cotton store will be based on the market price and keep the market running smoothly.

The quality and structure of stock cotton can be improved continuously through the first round and the rear wheels.

The plan of dumping and storage is still being perfected, and the relevant information will be released to the public before and after the end of June.

Gao Fang, executive vice president of the China Cotton Association, also said that the way of rotation would be "greater than".

Timely and appropriate rotation.

In terms of price control, the market will not be suppressed. Therefore, the cotton market will remain relatively stable in the future.

According to the latest statistics, the actual cotton planting area in China decreased by 21% in 2015/2016, about 47 million 500 thousand mu, and fell to the scale of cotton planting in 1956.

Cotton production in the mainland has been shrinking year by year.

The advantages of cotton planting are highlighted.

In 2014, the cotton planting area in Xinjiang accounted for 46.3% of the country's total output, accounting for 59.5% of the country's total output. The output per unit reached 125.5 kg / mu, 71% higher than that of the mainland, and the advantages of cotton planting were very prominent.

Gao Fang pointed out that the cotton industry in China will focus on achieving a balance between output and quality in the future, improving the efficiency of cotton industry and meeting the needs of textile enterprises.