CAI ESTIMATES COTTON CROP FOR 2021-22 SEASON AT 307.05 LAKH BALES – REDUCES THE CROP FURTHER BY 8.27 LAKH BALES THAN ITS PREVIOUS ESTIMATE |
Cotton Association of India (CAI) has released its September estimate of the cotton crop for the season 2021-22 beginning from 1^{st} October 2021. The CAI has further reduced its cotton crop estimate for the 2021-22 season by 8.27 lakh bales to 307.05 lakh bales of 170 kgs. each (i.e. 326.24 lakh running bales of 160 kgs. each) from its previous estimate of 315.32 lakh bales of 170 kgs. each (equivalent to 335.03 lakh running bales of 160 kgs. each). The state-wise break-up of the Cotton Production and Balance Sheet for the season with the corresponding data for the previous crop year are enclosed.
The CAI Crop Committee has estimated the total cotton supply till end of the cotton season 2021-22 i.e. upto 30^{th} September 2022 at 392.89 lakh bales of 170 kgs. each (equivalent to 417.45 lakh running bales of 160 kgs. each) which is less by 9.27 lakh bales compared to 402.16 lakh bales of 170 kgs. each (equivalent to 427.30 lakh running bales of 160 kgs. each) estimated by the CAI previously. The total cotton supply consists of the opening stock of 71.84 lakh bales of 170 kgs. each (equivalent to 76.33 lakh running bales of 160 kgs. each) at the beginning of the cotton season on 1^{st} October 2021, crop for the season estimated at 307.05 lakh bales of 170 kgs. each (equivalent to 326.24 lakh running bales of 160 kgs. each) as against the previous estimate of 315.32 lakh bales of 170 kgs. each (equivalent to 335.03 lakh running bales of 160 kgs. each) and the imports for the Season estimated at 14 lakh bales of 170 kgs. each (equivalent to 14.88 lakh running bales of 160 kgs. each) that is less by 1 lakh bales as estimated 15 lakh bales (equivalent to 15.94 lakh running bales of 160 kgs) previously as against the previous year’s import estimates of 10 lakh bales of 170 kgs. each (equivalent to 10.63 lakh running bales of 160 kgs. each).
The domestic consumption is now estimated by the CAI at 318 lakh bales of 170 kgs. each (equivalent to 337.88 lakh running bales of 160 kgs. each) as against 315 lakh bales of 170 kgs. each (equivalent to 334.69 lakh running bales of 160 kgs. each) estimated previously. The exports for the season have been estimated at 43 lakh bales of 170 kgs. each (equivalent to 45.69 lakh running bales of 160 kgs. each) as against 40 lakh bales of 170 kgs. each (equivalent to 42.50) estimated previously. The exports estimate for the previous cotton season 2020-21 was of 78 lakh bales of 170 kgs. each (equivalent to 82.88 lakh running bales of 160 kgs. each). The carry-over stock which was earlier estimated at 47.16 lakh bales of 170 kgs. each (equivalent to 50.11 lakh running bales of 160 kgs. each) is now estimated at 31.89 lakh bales of 170 kgs. each (equivalent to 33.88 lakh running bales of 160 kgs. each).
HIGHLIGHTS OF DELIBERATIONS HELD BY THE CAI CROP COMMITTEE ON 13^{TH }OCTOBER 2022
The Crop Committee of the Cotton Association of India (CAI) held its physical meeting on Thursday, the 13^{th} October 2022, which was attended by 10 members representing various cotton growing regions of the country. The Committee arrived at its September estimate of the cotton crop for the 2021-22 season and drew the estimated cotton balance sheet based on the data available from various trade sources, upcountry associations and other stakeholders.
The following are the highlights of the deliberations held at this meeting: -
- CONSUMPTION
The CAI has increased its consumption estimate for the current crop year 2021-22 at 318 lakh bales of 170 kgs. each (equivalent to 337.88 lakh running bales of 160 kgs. each) as against its previous consumption estimate of 315 lakh bales of 170 kgs. each (equivalent to 334.68 lakh running bales of 160 kgs. each). The previous year’s consumption estimate was 338.16 lakh bales of 170 kgs. each (equivalent to 359.30 lakh running bales of 160 kgs. each).
- PRODUCTION
The CAI has reduced its production estimate for the season 2021-22 to 307.05 lakh bales of 170 kgs. each (equivalent to 326.24 lakh running bales of 160 kgs. each) from its previous estimate of 315.32 lakh bales of 170 kgs. each (equivalent to 335.03 lakh running bales of 160 kgs. each) made earlier. The changes made in the state-wise cotton production estimates compared to those estimated during the last month are given below:-
In lakh bales of 170 kgs. each
States |
Reduction (-) /Increase (+) |
Punjab |
-0.57 |
Lower Rajasthan |
-0.50 |
Gujarat |
-3.45 |
Maharashtra |
-2.50 |
Andhya Pradesh |
+1.00 |
Tamil Nadu |
-2.25 |
Total |
- 8.27 |
- IMPORTS
The estimate of cotton Imports into India has been reduced at 14 lakh bales of 170 kgs. each (equivalent to 14.88 lakh running bales of 160 kgs. each) from its previous estimate of 15 lakh bales (equivalent to 15.94 lakh running bales of 160 kgs. each). The imports estimated for the 2021-22 crop year are more by 4.00 lakh bales of 170 kgs. each (equivalent to 4.25 lakh running bales of 160 kgs. each) compared to the imports estimate of 10 lakh bales of 170 kgs. each (equivalent to 10.63 lakh running bales of 160 kgs. each) for the previous crop year 2020-21.
- EXPORTS
The Committee has increased its cotton exports estimate to 43.00 lakh bales of 170 kgs. each (equivalent to 45.69 lakh running bales of 160 kgs. each) as compared to 40.00 lakh bales (equivalent to 42.50 lakh running bales of 160 kgs. each) estimated previously.
- ARRIVALS
Indian cotton arrivals during the months of October 2021 to September 2022 are estimated at 307.05 lakh bales of 170 kgs. each (equivalent to 326.24 lakh running bales of 160 kgs. each).
- CLOSING STOCK AS ON 30^{TH} SEPTEMBER 2022
Closing stock as on 30^{th} September 2022 is estimated by the Committee at 31.89 lakh bales of 170 kgs. each (equivalent to 33.88 lakh running bales of 160 kgs. each).
Mumbai |
Atul S. Ganatra |
Date: 14^{th} October 2022 |
President |
COTTON ASSOCIATION OF INDIA | |||||||||||||
INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2020-21AND 2021-22 | |||||||||||||
Estimated as on 30th September 2022 |
State | Arrivals As on 30th September 2022 | ||||||||||||
2021-22 | 2020-21 | 2021-22 | |||||||||||
Total | Total | Total | |||||||||||
(in running b/s of 160 kgs. each) | 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 running b/s of 160 kgs. each) | 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 running b/s of 160 kgs. each) | (in lakh b/s of 170 kgs each) | (in’000 Tons) | |
Punjab | 9.03 | 8.30 | 0.20 | 8.50 | 144.50 | 11.16 | 10.35 | 0.15 | 10.50 | 178.50 | 9.03 | 8.50 | 144.50 |
Haryana | 17.11 | 15.62 | 0.48 | 16.10 | 273.70 | 23.91 | 22.14 | 0.36 | 22.50 | 382.50 | 17.11 | 16.10 | 273.70 |
Upper Rajasthan | 16.30 | 15.01 | 0.33 | 15.34 | 260.78 | 20.72 | 19.25 | 0.25 | 19.50 | 331.50 | 16.30 | 15.34 | 260.78 |
Lower Rajasthan | 10.98 | 10.00 | 0.33 | 10.33 | 175.61 | 13.81 | 12.76 | 0.24 | 13.00 | 221.00 | 10.98 | 10.33 | 175.61 |
Total North Zone | 53.41 | 48.93 | 1.34 | 50.27 | 854.59 | 69.59 | 64.50 | 1.00 | 65.50 | 1113.50 | 53.41 | 50.27 | 854.59 |
Gujarat | 81.07 | 74.31 | 1.99 | 76.30 | 1297.10 | 97.22 | 90.01 | 1.49 | 91.50 | 1555.50 | 81.07 | 76.30 | 1297.10 |
Maharashtra | 79.69 | 73.54 | 1.46 | 75.00 | 1275.00 | 86.06 | 79.91 | 1.09 | 81.00 | 1377.00 | 79.69 | 75.00 | 1275.00 |
Madhya Pradesh | 21.25 | 19.50 | 0.50 | 20.00 | 340.00 | 19.66 | 18.12 | 0.38 | 18.50 | 314.50 | 21.25 | 20.00 | 340.00 |
Total Central Zone | 182.01 | 167.35 | 3.95 | 171.30 | 2912.10 | 202.94 | 188.04 | 2.96 | 191.00 | 3247.00 | 182.01 | 171.30 | 2912.10 |
Telangana | 37.61 | 34.49 | 0.91 | 35.40 | 601.80 | 46.75 | 43.31 | 0.69 | 44.00 | 748.00 | 37.61 | 35.40 | 601.80 |
Andhra Pradesh | 15.94 | 14.70 | 0.30 | 15.00 | 255.00 | 17.00 | 15.77 | 0.23 | 16.00 | 272.00 | 15.94 | 15.00 | 255.00 |
Karnataka | 21.52 | 19.70 | 0.55 | 20.25 | 344.25 | 25.50 | 23.59 | 0.41 | 24.00 | 408.00 | 21.52 | 20.25 | 344.25 |
Tamil Nadu | 10.36 | 9.61 | 0.14 | 9.75 | 165.75 | 7.97 | 7.40 | 0.10 | 7.50 | 127.50 | 10.36 | 9.75 | 165.75 |
Total South Zone | 85.43 | 78.50 | 1.90 | 80.40 | 1366.80 | 97.22 | 90.07 | 1.43 | 91.50 | 1555.50 | 85.43 | 80.40 | 1366.80 |
Orissa | 2.21 | 2.00 | 0.08 | 2.08 | 35.36 | 3.19 | 2.94 | 0.06 | 3.00 | 51.00 | 2.21 | 2.08 | 35.36 |
Others | 3.19 | 3.00 | - | 3.00 | 51.00 | 2.13 | 2.00 | - | 2.00 | 34.00 | 3.19 | 3.00 | 51.00 |
Grand Total | 326.24 | 299.78 | 7.27 | 307.05 | 5219.85 | 375.06 | 347.55 | 5.45 | 353.00 | 6001.00 | 326.24 | 307.05 | 5219.85 |
* Loose cotton production figures are as per the survey report of Sardar Vallabhbhai Patel International School of Textiles and Management for a non-covid year. |
COTTON ASSOCIATION OF INDIA | ||||
INDIAN COTTON BALANCE SHEET FOR THE SEASON 2020-21 AND 2021-22 | ||||
Estimated as on 30th September 2022 | ||||
Details | 2021-22 | 2020-21 | ||
(in lakh b/s) | (in’000 Tons) | (in lakh b/s) | (in’000 Tons) | |
Supply | ||||
Opening Stock | 71.84 | 1221.28 | 125.00 | 2125.00 |
Crop | 307.05 | 5219.85 | 353.00 | 6001.00 |
Imports | 14.00 | 238.00 | 10.00 | 170.00 |
Total Supply | 392.89 | 6679.13 | 488.00 | 8296.00 |
Demand | ||||
Mill Consumption | 293.00 | 4981.00 | 294.00 | 4998.00 |
Consumption by SSI Units | 19.00 | 323.00 | 25.66 | 436.22 |
Non- Mill Consumption | 6.00 | 102.00 | 18.50 | 314.50 |
Total Domestic Demand | 318.00 | 5406.00 | 338.16 | 5748.72 |
Available Surplus | 74.89 | 1273.13 | 149.84 | 2547.28 |
Exports | 43.00 | 731.00 | 78.00 | 1326.00 |
Closing Stock | 31.89 | 542.13 | 71.84 * | 1221.28 |
* | As finalised by COCPC on 23rd May 2022 |