Source: Press Release

 

COTTON ASSOCIATION OF INDIA MAINTAINS COTTON CROP FOR THE 2017-18 CROP YEAR AT 375 LAKH BALES

 

Cotton Association of India (CAI) has released its December 2017 estimate of the cotton crop for the 2017-18 season beginning 1st October 2017.  The CAI has retained its December estimate of the cotton crop for the 2017-18 crop year at 375 lakh bales i.e. at the same level as in the previous estimate.  A statement containing the state-wise estimate of the cotton crop and the Balance Sheet for the cotton season 2017-18 with the corresponding data for the 2016-17 crop year is enclosed.  

The projected Balance Sheet drawn by the CAI estimated total cotton supply for the season at 425 lakh bales of 170 kgs. each including the opening stock of 30  lakh bales at the beginning of the season and the imports which the CAI estimates at 20 lakh bales for 2017-18 crop year.  The domestic consumption is estimated to be 320 lakh bales while CAI estimates exports for the season to be 55 lakh bales.

As per the data received from various sources, the CAI estimates cotton arrivals upto end December 2017 at 147.75 lakh bales as compared to 108 lakh bales arrived upto 31st December 2016. About 39% of the total crop estimated for the year has already arrived in the market. Looking to the pace of arrivals this year, CAI is of the view that the  projected crop of 375 lakh bales for 2017-18 crop year is very much achievable.

 

 

 

(Atul S. Ganatra)

Mumbai President      
29th December 2017  

    

 

 

 

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2016-17 AND 2017-18     
Estimated as on 31st December 2017
State           Arrivals As on             31st December 2017
2017-18 2016-17 2017-18
    Total      Total  Total 
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)
Punjab 9.50 2.50 12.00 204.00 6.25 2.50 8.75 148.75 5.00 85.00
Haryana 20.00 3.00 23.00 391.00 17.50 3.00 20.50 348.50 13.00 221.00
Upper Rajasthan 9.45 0.55 10.00 170.00 6.70 0.55 7.25 123.25 6.00 102.00
Lower Rajasthan 11.45 0.55 12.00 204.00 8.70 0.55 9.25 157.25 7.00 119.00
Total North Zone 50.40 6.60 57.00 969.00 39.15 6.60 45.75 777.75 31.00 527.00
                     
Gujarat 101.80 3.20 105.00 1785.00 85.80 3.20 89.00 1513.00 34.00 578.00
Maharashtra 81.25 5.75 87.00 1479.00 82.25 5.75 88.00 1496.00 35.00 595.00
Madhya Pradesh 20.30 0.70 21.00 357.00 19.80 0.70 20.50 348.50 10.00 170.00
Total Central Zone 203.35 9.65 213.00 3621.00 187.85 9.65 197.50 3357.50 79.00 1343.00
                     
Telangana 52.40 0.60 53.00 901.00 47.40 0.60 48.00 816.00 22.00 374.00
Andhra Pradesh 16.10 5.90 22.00 374.00 12.60 5.90 18.50 314.50 6.00 102.00
Karnataka 18.90 1.10 20.00 340.00 15.90 1.10 17.00 289.00 6.00 102.00
Tamil Nadu 2.80 2.20 5.00 85.00 3.30 2.20 5.50 93.50 2.00 34.00
Total South Zone 90.20 9.80 100.00 1700.00 79.20 9.80 89.00 1513.00 36.00 612.00
                     
Orissa 2.95  0.05 3.00 51.00 2.95  0.05 3.00 51.00 0.75 12.75
Others 2.00   -   2.00 34.00 2.00  -   2.00 34.00 1.00 17.00
                     
Grand Total 348.90 26.10 375.00 6375.00 311.15 26.10 337.25 5733.25 147.75 2511.75

 

 

 

 

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON BALANCE SHEET FOR THE SEASON 2016-17 and 2017-18
Estimated as on 31st December 2017
 
Details 2017-18 2016-17
(in lakh b/s) (in’000 Tons) (in lakh b/s) (in’000 Tons)
Supply        
    Opening Stock  30.00  510.00  36.50  620.50
    Crop  375.00  6375.00  337.25  5733.25
    Imports  20.00  340.00  27.00  459.00
Total Supply  425.00  7225.00  400.75  6812.75
Demand        
    Mill Consumption  275.00  4675.00  265.00  4505.00
    Consumption by SSI Units  30.00  510.00  27.00  459.00
    Non- Mill Consumption  15.00  255.00  15.75  267.75
Total  Domestic Demand  320.00  5440.00  307.75  5231.75
   Available Surplus  105.00  1785.00  93.00  1581.00
    Exports  55.00  935.00  63.00  1071.00
 Closing Stock  50.00  850.00  30.00  510.00