The Cotton Association of India (CAI) has released its October estimate of the cotton crop for the 2015-16 season, which began on 1st October 2015. The CAI has retained its October estimate of the cotton crop for the 2015-16 season at the same level as in the previous month i.e. at 370.50 lakh bales of 170 kgs. each. The projected Balance Sheet drawn by the CAI estimated total cotton supply for the season 2015-16 at 463.15 lakh bales while the domestic consumption is estimated at 325.00 lakh bales thus leaving an available surplus of 138.15 lakh bales i.e. same as in the last month. A statement containing the State-wise estimate of the cotton crop and the Balance Sheet for the season 2015-16 with the corresponding data for the previous crop year is given below.
|Mumbai||Dhiren N. Sheth|
|28th November 2015||President|