Headlines: The State Is Studying The Specific Measures To Reserve Cotton Rotation Policy.

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The main raw material accounts for about 70% of the cost of cotton yarn production.

In the long run higher than the international market and the decline in quality, the market competitiveness of China's cotton textile industry has declined, and the pfer of cotton spinning capacity to overseas has accelerated.

In 2015, the export volume of cotton textiles and clothing, which accounted for 30.3% of the total export volume of the textile industry, dropped by 8% compared with the same period last year, of which cotton yarn exports dropped by 19.2% over the same period last year.

In 2015, China's cotton consumption was only 6 million 750 thousand tons, which was 4 million 250 thousand tons less than that in 2010.

The decline in cotton demand in cotton textile industry is not conducive to protecting the interests of cotton farmers.

In order to provide effective supply of raw materials for textile enterprises, improve the competitiveness of cotton textile enterprises, produce effective demand, and give the market a clear expectation, the state has formulated a new policy for the storage of cotton.

Planned cotton reserves are normalized, prices are linked to international and domestic market prices, and weekly price adjustments are made.

Textile enterprises hope to consider the price, quality, structure and outgoing service of cotton in the process of releasing cotton reserves.

In view of the relative concerns about the weight and quality of cotton reserves, enterprises require re examination of all the weight and quality indicators of the stored cotton, otherwise, it will not be conducive to the purchase decisions of enterprises, and will also affect the quality claims of spinning and weaving enterprises.

Relevant departments of the state are studying the specific measures for implementation of the round out policy of reserve cotton weight and quality inspection according to the enterprise's reflection and specific circumstances, so as to make the work of storing cotton more suitable for market demand.