2013 cotton temporary purchase start

Today, the National Development and Reform Commission issued the "Notice on Initiating the 2013 Interim Cotton Storage and Storage". The "Notice" pointed out that since the beginning of the 2013 cotton year, new cotton has been listed one after another. The cotton price in the market has been lower than the nationally announced cotton for five consecutive working days. Storage price 20,400 yuan / ton. According to the provisions of the storage plan, it was decided to start the temporary storage and storage of cotton in 2013 starting from September 9.

According to the new cotton national standard formally implemented on September 1, 2013, the scope of temporary cotton storage is: color grade white cotton grade 4 and above, light spot cotton grade 2 and above length grade 27 mm and above length uniformity and low grade. More than the quality of mid-roller and above. The cotton price difference rate is implemented according to the “Adjustment Notice on Adjusting the Cotton Quality Spread Sheet of the China Cotton Association” published by the China Cotton Association on August 30th.