Cotton crop estimate elevated to 360 lakh bales for 2020-21


The CAI crop committee has estimated the overall cotton provide until finish of the cotton season 2020-21at 496 lakh bales.

The Cotton Affiliation of India (CAI) has marginally elevated its crop estimate to 360 lakh bales of 170 kg every from its earlier estimate of 358.50 lakh bales in its March estimate for the season 2020-21.

The overall cotton provide for the interval of October 2020 to March 2021 is estimated at 459.26 lakh bales, which incorporates the arrivals of 326.76 lakh bales, imports of seven.50 lakh bales and the opening inventory estimated at 125 lakh bales firstly of the season.

Additional, the CAI has estimated cotton consumption for the interval between October 2020 and March 2021 at 165 lakh bales. Export shipments upto March 31, 2021, are estimated by the CAI at 43 lakh bales. Inventory on the finish of March 31, 2021, is estimated at 251.26 lakh, together with 95 lakh bales with textile mills and the remaining 156.26 lakh bales with the Cotton Company of India (CCI), Maharashtra federation and others.

The CAI crop committee has estimated the overall cotton provide until finish of the cotton season 2020-21at 496 lakh bales. The overall cotton provide consists of the opening inventory of 125 lakh bales firstly of the season, crop for the season estimated at 360 lakh bales and the imports estimated by the CAI at 11 lakh bales.

The imports estimate for the earlier cotton season 2019-20 was of 15.50 lakh bales .The home consumption estimated by the CAI has been retained on the pre-lockdown stage of 330 lakh bales, and exports for the season have additionally been retained at 60 lakh bales.

The exports estimate for the earlier cotton season 2019-20 was of fifty lakh bales. The carry-over inventory on the finish of the cotton season 2020-21 is estimated at 106 lakh bales as in opposition to 107.50 lakh bales.

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