Source: PRESS RELEASE

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     
   

 

 

 
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

 


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