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Xinjiang cotton target price reform has achieved remarkable results

In recent years, affected by the global economic situation, the market prices of international agricultural products have dropped sharply. Under the dual influence of agricultural protection policies such as temporary purchase and storage, minimum market protection price and the rising cost of cotton planting, the market prices of domestic bulk agricultural products have gradually risen, resulting in the gradual increase in the market prices of domestic and foreign agricultural products, and a large number of foreign agricultural products have flooded into the domestic market. , the protective effect of tariffs is ineffective, domestic inventories are high, and the financial burden is increasing. In 2014, in order to solve many years of harshness, the state implemented a pilot reform of cotton target price in Xinjiang. In the past three years, various departments in the autonomous region have cooperated closely, and all market players have actively participated in cotton production.


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