Heze Cotton Target Price Subsidy 270 Million 10 Thousand Yuan In 2015

According to the national cotton market monitoring system

Heze monitoring station information staff feedback, Shandong province allocated Heze 2015 cotton target price subsidy is 270 million 10 thousand yuan, deduct the previous year surplus fund 13 million 360 thousand yuan, this appropriation amount is 256 million 650 thousand yuan.

The area is 1 million 800 thousand mu, the subsidy standard is 150 yuan / mu.

Heze is making concrete plans for subsidies at all levels, which will be distributed to cotton growers in the near future.

This is for Heze.

It is a good news to a certain extent, it will alleviate the cotton farmers' loss of cotton. But even if cotton price is subsidized, cotton seed is still much lower than grain and cash crops. It is difficult to fundamentally mobilize cotton plants' grading. It is estimated that the cotton planting area in Heze will decrease this year.

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Overnight ICE cotton contracts fell, and the settlement price of the 1605 contract was 56.86 cents / pound, down 0.52, or 0.91%, and volume decreased.

In March 9th, as the price trend of China's cotton was weak, the ICE cotton rebound was hard to maintain.

Traders will be cautious before the USDA monthly report. The forecast is not expected to be significantly adjusted this month. We are concerned about tonight's USDA monthly report.

ICE cotton is expected to rebound after the end of the shock will fall.

On Tuesday, the India S-6 ginning factory picked up a price of 300 rupees / candi, to 32250 rupees / candi, which was 61.40 cents / pound.

In the Punjab J-34 ginning factory, the delivery price is 3530 rupees / mod, 64 cents / pound.

In March 4th, a total of 126 thousand and 500 packages (21 thousand and 500 tons) of new floral lint were listed in India, reaching 23 million 156 thousand and 300 packages (3 million 936 thousand and 600 tons) on the same day.

Recently, cotton textile mills and operators have a strong wait-and-see sentiment. The phenomenon of "buying and buying" has become more and more serious. The tentative rebound of spot price of Xinjiang cotton is also "abrupt". In Henan, Hebei, Shandong and other places, the gross price quotations of 2128C2 and 2128B lint for public inspection of cotton lint temporarily stabilized at 12200-12300 yuan / ton, 12400-12600 yuan / ton, and the confidence of cotton enterprises and textile enterprises has come down.

The implementation plan of "cotton subsidy work in 2015" has been officially issued in Hebei province. According to the subsidy scheme, the total Cotton Subsidy in Hebei this year is 746 million, the average subsidy amount per mu is 201 yuan, which is 37 yuan higher than that of last year's 164 yuan / mu.

Recently, the Ministry of finance has allocated funds through the grain risk fund to the province, and is expected to be paid to cotton growers soon.