CAI MAINTAINS ITS COTTON PRESSING ESTIMATE FOR 2024-25 COTTON SEASON AT 302.25 LAKH BALES
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Cotton Association of India (CAI) has released its November estimate of the cotton pressing numbers for 2024-25 season beginning from 1st October 2024. Based on input received from the members of 11 cotton growing state associations and other trade sources, the Committee has maintained its cotton pressing estimate for 2024-25 season at 302.25 lakh bales of 170 kgs. each (equivalent to 317.18 lakh running bales of 162 kgs. each). The State-wise break-up of the Cotton pressing numbers as well as Balance Sheet for the season with the corresponding data for the previous crop year are enclosed.
The total cotton supply till end of November 2024 is estimated at 108.41 lakh bales of 170 kgs. each (equivalent to 113.76 lakh running bales of 162 kgs. each) which consists of the pressing figures of 69.22 lakh bales of 170 kgs. each (equivalent to 72.64 lakh running bales of 162 kgs. each), imports of 9.00 lakh bales of 170 kgs. each (equivalent to 9.44 lakh running bales of 162 kgs. each) and the opening stock estimated by the CAI at 30.19 lakh bales of 170 kgs. each (equivalent to 31.68 lakh running bales of 162 kgs. each) at the beginning of the season.
Further, the CAI has estimated cotton consumption upto the end of November 2024 at 54.00 lakh bales of 170 kgs. each (equivalent to 56.67 lakh running bales of 162 kgs. each) while the export shipments upto 30th November 2024 are estimated at 4.00 lakh bales of 170 kgs. each (equivalent to 4.20 lakh running bales of 162 kgs. each). Stock at the end of November 2024 is estimated at 50.41 lakh bales of 170 kgs. each (equivalent to 52.90 lakh running bales of 162 kgs. each) including 28.41 lakh bales of 170 kgs. each (equivalent to 29.81 lakh running bales of 162 kgs. each) with textile mills and the remaining 22.00 lakh bales of 170 kgs. each (equivalent to 23.09 lakh running bales of 162 kgs. each) with CCI, Maharashtra Federation and others (MNCs, traders, ginners, etc.) including cotton sold but not delivered.
The CAI has retained its total cotton supply till end of the cotton season 2024-25 (i.e. upto 30th September 2025) at the same level as estimated earlier i.e. 357.44 lakh bales of 170 kgs. each (equivalent to 375.09 lakh running bales of 162 kgs. each). The total cotton supply consists of the opening stock of 30.19 lakh bales (equivalent to 31.68 lakh running bales of 162 kgs. each) at the beginning of 2024-25 season on 1st October 2024, cotton pressing numbers estimated for the season at 302.25 lakh bales of 170 kgs. each (equivalent to 317.18 lakh running bales of 162 kgs. each) and imports for the season estimated at 25 lakh bales of 170 kgs. each (equivalent to 26.23 lakh running bales of 162 kgs. each). The cotton imports estimated by the CAI for the season are higher by 9.80 lakh bales of 170 kgs. each compared to last year.
The domestic consumption estimated by the CAI at 313.00 lakh bales of 170 kgs. each (equivalent to 328.45 lakh running bales of 162 kgs. each) i.e. at the same level estimated previously. The exports for the season 2024-25 estimated by the CAI are the same as estimated previously i.e. 18 lakh bales of 170 kgs. each (equivalent to 18.88 lakh running bales of 162 kgs. each). The cotton exports estimated by the CAI for the 2024-25 season are lower by 10.36 lakh bales of 170 kgs. each compared to last year. The CAI has reduced its cotton export figures for 2023-24 season from 28.50 lakh bales to 28.36 lakh bales of 170 kgs. each (equivalent to 29.76 lakh running bales of 162 kgs. each).
Based on the final cotton export and import data for 2023-24 season released by the Directorate General of Commercial Intelligence, the CAI has also made necessary changes in the Cotton Balance Sheet for 2023-24 season.
SALIENT FEATURES OF THE CAI CROP COMMITTEE MEETING HELD ON 17TH DECEMBER 2024
The CAI Crop Committee, which met on 17th December 2024, was attended by 22 members across all cotton growing states. Based on the input given by the representatives of each state association, the CAI Crop Committee has estimated total cotton pressing numbers for 2024-25 season and has also drawn cotton balance sheet for 2024-25 season.
The following are the salient features of the CAI crop report: -
1. CONSUMPTION
CAI has maintained cotton consumption for 2024-25 season at 313 lakh bales of 170 kgs. each (equivalent to 328.46 lakh running bales of 162 kgs. each).
2. COTTON PRESSING
As per the crop report submitted by upcountry associations and trade sources at the meeting of the CAI Crop Committee, the Committee has maintained its cotton pressing estimate for 2024-25 season at 302.25 lakh bales of 170 kgs. each (equivalent to 317.18 lakh running bales of 162 kgs. each) i.e. at the same level as estimated previously, with minor changes in the pressing estimates of following states: -
|
States |
Increase (+) / Decrease (-) |
|
North Zone |
34.00 (-2.00) |
|
Telangana |
36.00 (+2.00) |
|
Andhra Pradesh |
11.00 (-1.00) |
|
Karnataka |
23.00 (+1.00) |
The Committee members will have a close watch on the pressing numbers of cotton in the subsequent months and if any addition or reduction is required to be made in the pressing numbers, the same will be made in the CAI report.
3. IMPORTS
The cotton imports into India are estimated at 25 lakh bales of 170 kgs. each (equivalent to 26.23 lakh running bales of 162 kgs. each) during 2024-25 season as against 15.20 lakh bales of 170 kgs. each (equivalent to 15.95 lakh running bales of 162 kgs. each) estimated for last season. The cotton imports estimated for the ongoing crop year 2024-25 are higher by 9.80 lakh bales of 170 kgs. each compared to last year.
Upto 30th November 2024 about 9.00 lakh bales of 170 kgs. each (equivalent to 9.44 lakh running bales of 162 kgs. each) are estimated to have arrived the Indian Ports.
4. EXPORTS
The Committee has retained its cotton exports estimate at 18 lakh bales of 170 kgs. each (equivalent to 18.89 lakh running bales of 162 kgs. each) as against 28.36 lakh bales of 170 kgs. each (equivalent to 29.76 lakh running bales of 162 kgs. each) estimated for the last season. The cotton exports estimated for the ongoing crop year 2024-25 are lower by 10.36 lakh bales of 170 kgs. each compared to last year.
5. CLOSING STOCK AS ON 30TH SEPTEMBER 2025
The closing stock as on 30th September 2025 is estimated at 26.44 lakh bales of 170 kgs. each (equivalent to 27.75 lakh running bales of 162 kgs. each) as against 30.19 lakh bales of 170 kgs. each (equivalent to 31.68 lakh running bales of 162 kgs. each) in last year.
Mumbai Atul S. Ganatra
Date: 18th December 2024 President
