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一、棉花企业存货风险的成因及表现 (一)国家政策带来的风险。 1998年11月,国务院《关于深化棉花流通体制改革的决定》中指出:按照建立社会主义市场经济体制的要求,棉花流通体制改革的目标是:逐步建立起在国家宏观调控下,主要依靠市场机制实现棉花资源合理配置的新体制。规定从1999年9月1日起,棉花的收购价格、销售价格主要由市场形成,国家不再作统一规定。国家主要通过储备调节和进出口调节等经济手段调控棉花市场,防止棉花价格的大起大落。遇有特殊情
First, the causes and performance of cotton inventories (A) the risk of national policies. In November 1998, the State Council’s “Decision on Deepening the Reform of the Cotton Circulation System” pointed out: In accordance with the requirements of establishing a socialist market economic system, the objective of the reform of the cotton circulation system is to gradually establish a mechanism that relies mainly on the market mechanism under the state’s macro-economic control Realize the rational allocation of cotton resources of the new system. Regulations from September 1, 1999 onwards, the purchase price of cotton, the sale price is mainly formed by the market, the state no longer make uniform provisions. The state regulates and controls the cotton market mainly through economic measures such as reserve adjustment, import and export adjustment and the like to prevent the ups and downs of cotton prices. In special circumstances