Cotton Association of India (CAI) released its August estimates (as on 31st August 2009) of the Cotton Crop for the season 2009-10. CAI estimated the Cotton Crop for the new season at 312.25 lakh bales, significantly higher than last year which was placed at 292.75 lakh bales. The projected Balance Sheet drawn by the CAI for the year 2009-10, estimated the total cotton supply at 386.50 lakh bales, while the domestic consumption was estimated at 250.00 lakh bales, thus leaving a surplus of 136.50 lakh bales. The CAI estimated the cotton exports during 2009-10 season at 65.00 lakh bales. A statement containing the State-wise estimates of Crop and Balance Sheet for the season 2008-09 and 2009-10 is given below.
With the revival of monsoon in most of the regions, the present condition of the cotton crop is extremely good. While plantings so far have touched about 97 lakh hectares, additional 2-3 lakh hectares are expected to be covered in the south zone where sowings are yet to be completed. It is likely that the area may touch 100 lakh hectares.
CAI hopes that with the record acreage under cotton in 2009-10, cotton production and consumption will also be significantly higher.
| Mumbai, | Nayan C. Mirani |
| 4th September, 2009 | Vice President |
 |
||
| COTTON ASSOCIATION OF INDIA | ||
| INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2008-09 & 2009-10 | ||
| Estimated as on 31st August 2009 | ||
|
(in lakh bales of 170 kg) |
|
State |
Crop Estimates 2008-09
|
Crop Estimates 2009-10
|
|
Punjab |
16.00 |
17.00 |
|
Haryana |
13.50 |
15.00 |
|
Upper Rajasthan |
5.75 |
8.00 |
|
Lower Rajasthan |
3.00 |
3.00 |
|
Total North zone |
38.25 |
43.00 |
|
Gujarat |
90.00 |
101.00 |
|
Maharashtra |
64.00 |
70.00 |
|
Madhya Pradesh |
17.75 |
18.00 |
|
Total Central zone |
171.75 |
189.00 |
|
Andhra Pradesh |
55.00 |
51.00 |
|
Karnataka |
9.75 |
11.50 |
|
Tamil Nadu |
4.50 |
4.25 |
|
Total South zone |
69.25 |
66.75 |
|
Orissa |
1.00 |
1.00 |
|
Others |
0.50 |
0.50 |
|
Total |
280.75 |
300.25 |
|
Loose production (Survey) |
+12.00 |
+12.00 |
|
All India |
292.75 |
312.25 |
|
||
| COTTON ASSOCIATION OF INDIA | ||
| INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2008-09 & 2009-10 | ||
| Estimated as on 31st August 2009 | ||
|
(in lakh bales of 170 kg) |
||
|
|
2008-09 |
2009-10 |
|
Opening Stock |
35.50 |
67.25 |
|
Crop |
292.75 |
312.25 |
|
Imports |
10.00 |
7.00 |
|
Total Supply |
338.25 |
386.50 |
|
Mill Consumption |
200.00 |
210.00 |
|
Consumption by SSI Units |
20.00 |
21.00 |
|
Non-Mill consumption |
19.00 |
19.00 |
|
Exports |
32.00 |
65.00 |
|
Total Demand |
271.00 |
315.00 |
|
Carry over stock |
67.25 |
71.50 |