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For the stability of the cotton market, cotton farmers to shield the spare-time activities of the relevant declare ministries and commissions to the Chinese cotton open space areas Management Corporation, have liberated a yield of 2.72 million tons of cotton open space areas task. As of April 10, 2008 Cotton Collection open space areas the successful completion of online transactions, in which a total turnover of Xinjiang 1,525,200 tons, the collected turnover of China Cotton 1,196,400 tons. As of April 13, the quality of the early post-mortem storage have been 2,170,000 tons, of which 1.237 million tons in Xinjiang, China 933,000 tons.

Domestic seed cotton prices have been firm and inflation. As of April 13, from the earlier yield of the least open space 2 Yuan / kg higher to 2.6 yuan / catty about. Sales of worker cotton prices since the yield of open space program to promote the continuing surge, principally alarming prices for virtually a month to 1,000 yuan / tons, as of April 13 the national yardstick crosswise (328) the market price of cotton 12,394 yuan / ton, acing for a yield higher open space areas in the past the 1729 yuan / ton, or 16.2%.

Zhengzhou cotton fabric futures agreement charges in latest months, 12,865 yuan / ton, comprising a assemblage of up reserves before 1745 yuan / ton, or 15.7%; the nationwide cotton fabric market transactions in latest months, equivalent the mean cost of 12,980 yuan agreement / tons, comprising a assemblage of up reserves before the 2111 yuan / tons, or 19.4%.

Started April 1, textile and garment export tax rebate rate again enhanced by one fraction point to 16%, the majority of textile enterprises that this is a good long-term policy, but the worldwide appeal for a condensed time span of time there is a tagged enhance in difficulty. At prevailing, the textile market immobile stays in the doldrums, the yarn is immobile difficult to alarming prices of raw materials prices enhance the pressure on the task of the textile industry, textile industry, it immobile takes time out of the bottom.

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