CAI ESTIMATES COTTON CROP FOR 2017-18 SEASON
YEAR AT 365 LAKH BALES and EXPORTS 69 LAKH BALES
Cotton Association of India (CAI) has released its September-18 estimate of the cotton crop for the season 2017-18 beginning from 1st October 2017. The CAI has retained its cotton crop estimate for the season/crop year 2017-18 at 365 lakh bales of 170 kgs. each i.e. at the same level as in its estimate made in the previous month. Statements containing the state-wise estimate of the cotton crop and the Balance Sheet for the crop year 2017-18 with the corresponding data for the previous year are enclosed.
The CAI has projected total cotton supply up to 30th September 2018 at 416.00 lakh bales which consists the arrival of 365.00 lakh bales up to 30th September 2018, imports the Committee has estimated at 15.00 lakh bales and the opening stock at the beginning of the season as on 1st October 2017 which the Committee has estimated at 36 lakh bales. Further, the Committee has estimated cotton consumption for whole crop year (12 months) from October 2017 to September 2018 at 324 lakh bales @ 27 lakh bales per month while the shipment of cotton up to September 2018 has been estimated at 69 lakh bales. The stock at the end of September 2018 is estimated at 23.00 lakh bales including 18.00 lakh bales with textile mills while the remaining 5.00 lakh bales are estimated to be held by CCI and others (MNCs, traders, ginners, etc.).
|( Atul S. Ganatra )|
|3rd October 2018|
|COTTON ASSOCIATION OF INDIA|
|INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2016-17 AND 2017-18|
|Estimated as on 30th September 2018|
|State||Arrivals As on 30th September 2018|
|Pressed (in lakh b/s of 170 kgs each)||Loose (in lakh b/s of 170 kgs each)||(in lakh b/s of 170 kgs each)||(in’000 Tons)||Pressed (in lakh b/s of 170 kgs each)||Loose (in lakh b/s of 170 kgs each)||(in lakh b/s of 170 kgs each)||(in’000 Tons)||(in lakh b/s of 170 kgs each)||(in’000 Tons)|
|Total North Zone||49.40||6.60||56.00||952.00||39.15||6.60||45.75||777.75||56.00||952.00|
|Total Central Zone||199.85||9.65||209.50||3561.50||187.85||9.65||197.50||3357.50||209.50||3561.50|
|Total South Zone||84.70||9.80||94.50||1606.50||79.20||9.80||89.00||1513.00||94.50||1606.50|