Three Major Reasons For China's Cotton Price Fluctuation &Nbsp, Is A Rare Event In History.

From 2010 to 2011, the gap between production and demand increased.

This is my 15 day from China.

Dai Zhongxing, deputy director of the China national supply and marketing cooperative society, said at the meeting that cotton prices soared from 2010 to 2011, a record high, and then fell rapidly.

In the face of the complex situation, our country should take measures to improve the quality inspection and supervision, do well in the supply of funds, speed up the pportation of New Territories cotton, standardize the operation order, strengthen the supervision of futures and electronic trading market, and curb excessive speculation.

China Cotton Association has issued industry warning repeatedly to guide enterprises to avoid risks.

After a rollercoaster ride, cotton prices have returned to a rational level and are basically stable.

According to the cotton association of China, the cotton planting area in 2011 was 81 million mu, an increase of 5.2% over the previous year.

In the middle and lower reaches of the Yangtze River in 2011, there was a severe drought. In recent years, the drought and flood in some provinces had a certain impact on cotton growth. However, the growth of cotton in Xinjiang and the Yellow River basins is better. If there is no major natural calamity, cotton is expected to achieve a good harvest in 2011.

Dai Gongxing said that China is the largest cotton producing country and cotton producing country in the world, with a long chain of cotton industry and a large number of participants.

To establish reasonable rules in various fields such as production, processing, circulation and so on, we should not only protect the interests of cotton farmers, but also consider the affordability of textile enterprises.

In terms of policy implementation, while using the minimum purchase price to mobilize the enthusiasm of cotton farmers, we should also provide convenient and efficient social services. We should vigorously develop professional cooperatives to help cotton farmers increase production and income.

At the same time, the textile industry should speed up the pformation of development mode, change the excessive dependence on the export and low cost elements, and seek the way of development in improving the added value and technical content of the product.

It is reported that China International Cotton Conference every two years, has successfully held six sessions, is the highest level of domestic cotton industry conference, has become a global influence of the international cotton conference.

The number of participants was over 1000, and there were more than 20 countries and regions.