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Cotton Temporary Purchase And Storage Policy Needs To Be Revised

2013/7/20 21:46:00 54

CottonPolicies And RegulationsTextile Industry

In many cases, it is often mentioned. Textile and clothing The predicament of enterprises is always unconsciously associated with factors such as rising labor costs, appreciation of the renminbi, and high cost of financing. But this time, the industry believes that the biggest problem is cotton temporary purchase and storage policy.


According to the insiders, the artificial "policy market" has destroyed the original ecological environment of cotton spinning industry. Textile enterprises Suffer heavy losses. On the contrary, companies holding cotton import quotas are happy.


Last year, the state imported cotton More than 5 million tons, imported cotton per ton is 4000 yuan lower than domestic cotton price, and the enterprise that gets the quota is equivalent to 20 billion of the subsidy, which has nothing to do with small and medium-sized textile enterprises. Such treatment, many industry insiders believe that "the same solution to employment, the same tax, small and medium textile enterprises are only able to enjoy the treatment of stepmother."


Theoretically speaking, the import quota of cotton is prohibited from buying and selling. However, as long as the textile professional website is opened, advertising on quota trading is overwhelming. Quotas have become direct economic benefits. Getting quotas is equivalent to getting money, and corruption has also been extended.


The purchase and storage of agricultural products such as soybeans, sugar and so on, because of the small amount, often only involve billions of billions of financial funds, but cotton storage and storage are different. In the acquisition of the State Cotton store in 2012/2013, as of March 15th, the total purchase of 6 million 384 thousand and 500 tons of cotton, the purchase and storage price of 20 thousand and 400 yuan / ton, which is equivalent to about 130000000000 yuan of funds involved. Not only is it big, but it is also a losing business. At present, the price of dumping and storage is 19 thousand yuan. This kind of business with high absorption and low turnover is definitely not what the relevant government departments would like to see.


Although this year's cotton purchase and storage policy will be adjusted to be falsely stated, the voice of textile enterprises eventually attracted the attention of relevant departments. In May 23rd and June 18th, the national development and Reform Commission convened the relevant cotton research departments to study the adjustment of cotton purchase and storage policy, which seemed to reveal a direct signal: the current cotton purchase and storage policy was unable to sustain.


The temporary purchase and storage policy of cotton is a temporary and transitional protective measure. It can not exist forever. There is always a full day. Once the protection period is over, cotton farmers lying under the umbrella of policy will still face greater challenges. In this sense, the current policy of collecting and storing is urgently needed to be corrected.

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