The Association has released recently its October estimates of the cotton crop for the seaoson 2012-13. In a Press Note issued by the Association on the subject, it is stated that cotton production during 2012-13 will be at 354.25 lakh bales while the acreage under cotton is likely to witness a 3 percent decrease as compared to last year. TheState-wise details of the production estimates of the Association are given in the table below:
The crop looks promising despite reduction in cotton acreage due to the good rains received in Andhra Pradesh and Maharashtra in the later part of the monsoon.
The Cotton Balance Sheet as drawn up by the Association for 2011-12 and 2012-13 is given below:
The total cotton supply is placed at 417.46 lakh bales while the domestic consumption is estimated at 266 lakh bales, thus leaving an available surplus of 151.46 lakh bales during 2012-13 . The arrivals as on 31st October is placed at 11.75 lakh bales.
In the said press communique, it is further pointed out that the Association has requested the Government to remove the minor irritant in the form of a ceiling of 10000 bales upto which an exporter can apply for registration at a time and to do away with the requirement of registering cotton exports altogether. The Association has stated that it is heartening to note that the government has geared up to meet the challenge of a big minimum support price peration and that the burden of the Government will be drastically reduced if the exports are expedited by providing a facilitative and exporter friendly policy.
Mumbai, | Dhiren N. Sheth |
30th October, 2012 | President |
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COTTON ASSOCIATION OF INDIA |
CROP ESTIMATION FOR THE SEASON 2011-12 |
OCTOBER 2012 |
AS ESTIMATED BY STATISTICS COMMITTEE |
( in lakh bales ) |
State |
2011-12 |
2012-13
|
Punjab |
18.00 |
15.75 |
Haryana |
27.50 |
22.00 |
Upper Rajasthan |
10.00 |
8.50 |
Lower Rajasthan |
7.75 |
8.50 |
Total North zone |
63.25 |
54.75 |
Gujarat |
114.00 |
80.00 |
Maharashtra |
72.00 |
80.00 |
Madhya Pradesh |
18.00 |
18.00 |
Total Central zone |
204.00 |
178.00 |
Andhra Pradesh |
58.00 |
74.00 |
Karnataka |
13.00 |
12.00 |
Tamil Nadu |
5.00 |
5.00 |
Total South zone |
76.00 |
91.00 |
Orissa |
2.00 |
2.50 |
Others |
2.00 |
2.00 |
Total |
347.25 |
328.25 |
Loose Cotton |
26.00 |
26.00 |
All India |
373.25 |
354.25 |
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COTTON ASSOCIATION OF INDIA |
CROP ESTIMATION FOR THE SEASON 2011-12 |
OCTOER 2012 |
AS ESTIMATED BY STATISTICS COMMITTEE |
( in lakh bales ) |
|
2011-12 |
2012-13 |
Opening Stock |
53.27 |
53.21 |
Crop |
373.25 |
354.25 |
Imports |
9.00 |
10.00 |
Total Supply |
435.52 |
417.46 |
Mill Consumption |
217.68 |
230.00 |
Consumption by SSI Units |
21.63 |
20.00 |
Non-Mill consumption |
16.00 |
16.00 |
Exports |
127.00 |
- |
Total Demand |
382.31 |
266.00 |
Available Surplus |
53.21* |
151.46 |
*Closing Stock |
|