CAI NATIONAL CROP COMMITTEE AND STAKEHOLDERS MET IN MUMBAI ON 18TH MARCH 2024 – ESTIMATED COTTON PRESSINGS/CROP FOR 2023-24 SEASON AT 309.70 LAKH BALES OF 170 KGS. EACH
As notified previously, Cotton Association of India (CAI) convened an all India meeting of its National Crop Committee with all stakeholders in Mumbai on Monday, the 18th March 2024.
This meeting was attended by 48 members including CAI Crop Committee members, Presidents/Secretaries of all 11 upcountry State Associations, Mill Members, MNCs, Exporters, Importers, Traders, Brokers and other prominent personalities from cotton and textile value chain in India.
After detailed deliberations and based on the pressing data of various states received from respective state Associations and feedback from all stakeholders, the Committee, by consensus, arrived at the total cotton pressings/crop estimate for the ongoing 2023-24 season at 309.70 lakh bales of 170 kgs. each. Further, based on the feedback from the stakeholders, the Committee drew cotton balance sheet for five months i.e. upto 29th February 2024 and also for the entire season ending 30th September 2024. The cotton pressing estimates and cotton balance sheets with corresponding data for previous year are enclosed herewith: -
It has been unanimously decided that the next meeting of the CAI National Crop Committee with Stakeholders will be held in Ludhiana (Punjab) on Monday, the 10th June 2024.
Mumbai
Date : 19th March 2024
Atul S. Ganatra
President
