Two departments: The target price for Xinjiang cotton from 2026 to 2028 is 18,600 yuan per ton.

The National Development and Reform Commission and the Ministry of Finance have issued a notice regarding the cotton target price policy for the years 2026-2028. 1. Maintain the stability of the target price level and fixed subsidy production. In accordance with the principle of production cost plus reasonable profit, considering factors such as the needs of the cotton industry, market supply and demand, and fiscal capability, the target price for cotton in Xinjiang from 2026-2028 is set at 18,600 yuan per ton. In case of major changes in the cotton market situation, adjustments will be made promptly upon approval from the State Council. Taking into account the recent cotton production situation in Xinjiang, as well as the local water and arable land resources, subsidies will be provided for a fixed production volume of 5.1 million tons of cotton. 2. Improve specific implementation measures. Firstly, focus on maintaining a reasonable scale of cotton planting, optimizing production layout, gradually guiding non-advantageous regions to withdraw from planting, and orderly reducing planting in advantageous regions based on the situation of groundwater over-extraction. Secondly, optimize the use of subsidy funds, improve the subsidy mechanism for high-quality cotton, and ensure that subsidy funds are distributed to cotton farmers. Thirdly, continue to implement the policy of enterprises issuing primary agricultural product purchase invoices, improve the subsidy withdrawal mechanism, and meet the direct sales of lint cotton by cotton farmers. Fourthly, explore and improve the standards for identifying high-quality cotton, actively guide cotton farmers and processing enterprises to further improve quality awareness.