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The Seven Departments Of The National Development And Reform Commission Issued Urgent Notices To Earnestly Safeguard The Current Cotton Market Order.

2010/11/9 14:29:00 46

2010 cotton year (September 2010 to August 2011) new cotton purchase and sale work in full swing.

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international market

Cotton prices have risen, adverse climate in some areas and speculation in the market have affected the price of cotton. Since September, cotton prices have risen rapidly. In some areas, there have been problems such as buying up, buying mixed products, adulterating fake products, purchasing cotton products without license.

To this end, the national development and Reform Commission, the Ministry of agriculture, the Ministry of railways, the State Administration for Industry and commerce, the State General Administration of quality supervision and quarantine, the supply and marketing cooperatives and the China Agricultural Development Bank and other departments have made special arrangements for stabilizing the cotton market and standardizing circulation order. In October 29th, they jointly issued the "urgent notice to effectively implement the spirit of the national cotton teleconference" to maintain the current order of the cotton market, and urged all localities and departments concerned to do a good job in the purchase and sale of new cotton.
棉花市场秩序，稳定棉花市场。

The notice requires that the relevant departments of the cotton producing areas should further strengthen the supervision of the market and quality, focus on strengthening the management of the rural cotton brokers, conduct checks on the social capital rent factories or entrust the acquisition and processing of cotton, and seriously investigate and punish the illegal activities that disrupt the market order and fail to fulfill the quality obligations.

The departments concerned should strictly investigate and punish the acts of distributing price increases, malicious hoarding and driving up prices.

In the cotton producing area, the government should carefully formulate the plan for purchasing the funds and actively coordinate the relevant financial institutions to provide financial services for the acquisition of new cotton, so as to avoid the blank point of the supply of purchasing capital and the issue of "ious".

All or different levels

Agriculture

The development bank should fulfill the function of the policy bank, arrange the fund plan properly, arrange the acquisition outlets rationally, and grasp the rhythm and progress of the loan delivery.

The railway sector should take into account the cotton pport conditions and characteristics of the new year as a whole, and properly arrange the export capacity of cotton, and lay emphasis on cotton pportation.

In the cotton producing area, the government should strengthen the guidance and management of the large cotton enterprises in the jurisdiction, standardize the operation of enterprises, guide large enterprises to take the lead in maintaining cotton circulation order, and take the lead in stabilizing the cotton market price.

Agricultural departments at all levels should strengthen their services and guide cotton farmers to strive for cotton picking, drying, storage and distribution, so as to prevent mixing of mixed grade and special shaped fibers.

The relevant departments and trade associations should increase publicity efforts to enhance the risk awareness of all cotton parties, guide cotton farmers to overcome the mentality of selling, and rationally determine the purchase price of cotton enterprises, accelerate the progress of purchase and sale, and effectively guard against market risks.

The notice stressed that the cotton market and acquisition situation is very complicated this year. The relevant departments of the people's Government of the cotton producing areas should take effective responsibilities, strengthen guidance on cotton purchase and marketing, strengthen coordination and coordination, intensify work, earnestly safeguard the order of the cotton market, protect farmers' interests, and maintain the basic stability of the cotton market.

Relevant departments of the State Council will organize investigation teams to inspect cotton producing areas during the cotton purchasing season. They will be criticized for the areas where market disorder and serious market quality violation cases are caused by ineffective work.