Empirical analysis on the influencing factors of price fluctuation in Xinjiang unginned cotton trading from the weather perspective

Agricultural products trading price has obvious regional characteristics, the subsidy policy changes with the region, wheat, corn, cotton, soybeans and other major producing areas of the transaction price has become the key to determine the policy subsidy funds. Cotton price target to carry out the pilot reform work in Xinjiang in 2014, cotton trading price become the core factor to cotton subsidies. In order to study the factors affecting the price fluctuations of cotton trading price, we choose the meteorological environment as an important variable, and starting from the factors of trading volume, trading level, cotton trading intermediary and regional difference. Based on the empirical analysis, the result shows that meteorological environment has significant impact on the trading price of cotton, intermediary transactions standardization is conducive to seed cotton trading price stability, the southern and Northern Xinjiang regional differences showed obvious difference in price, quality and seed cotton trading volume and trading prices showed obvious positive correlation. Keywords: Transaction price, Transaction intermediary, Regional difference, Meteorological environment