Source: Press Release

 CAI MAINTAINS ITS COTTON CROP ESTIMATE FOR 2017-18 CROP YEAR AT 365 LAKH BALES

Cotton Association of India (CAI) has released its June estimate of the cotton crop for the season 2017-18 beginning from 1st October 2017. The CAI has retained its cotton crop estimate for the ongoing crop year 2017-18 at 365 lakh bales of 170 kgs. each i.e. at the same level as in its estimate made in the previous month. Statements containing the state-wise estimate of the cotton crop and the Balance Sheet for the crop year 2017-18 with the corresponding data for the previous year are enclosed.

The CAI has projected total cotton supply upto 30th June 2018 at 394.45 lakh bales which consists the arrival of 348.45 lakh bales upto 30th June 2018, imports the Committee has estimated at 10 lakh bales and the opening stock at the beginning of the season as on 1st October 2017 which the Committee has revised from 30 lakh bales to 36 lakh bales based on the discussions held at the meeting of the Sub-committee constituted by the Cotton Advisory Board (CAB) held on 14th June 2018.  Further, the Committee has estimated cotton consumption for 9 months i.e. from October 2017 to June 2018 at 243 lakh bales @ 27 lakh bales per month while the shipment of cotton till 30th June 2018 has been estimated at 64 lakh bales.  The stock at the end of June 2018 is estimated at 87.45 lakh bales including 51.85 lakh bales with textile mills while the remaining 35.60 lakh bales are estimated to be held by CCI and others (MNCs, traders, ginners, etc.).

The projected yearly Balance Sheet for the Season 2017-18 drawn by the CAI has estimated total cotton supply till end of the season i.e. upto 30th September 2018 at 416 lakh bales of 170 kgs. each which includes opening stock of 36 lakh bales at the beginning of the season. The CAI has estimated domestic consumption for the season at 324 lakh bales while the exports are estimated to be 70 lakh bales. The carry-over stock at the end of the 2017-18 season is estimated by the CAI at 22 lakh bales.

  (Atul S. Ganatra)
Mumbai President
Date: 2nd July 2018  

 

                          

 

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2016-17 AND 2017-18   
Estimated as on 30th June 2018
State            Arrivals As on           30th June 2018
2017-18 2016-17 2017-18
    Total      Total  Total 
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) 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 lakh b/s of 170 kgs each) (in’000 Tons)
Punjab 8.50 2.50 11.00 187.00 6.25 2.50 8.75 148.75 10.03 170.51
Haryana 21.00 3.00 24.00 408.00 17.50 3.00 20.50 348.50 22.21 377.57
Upper Rajasthan 9.45 0.55 10.00 170.00 6.70 0.55 7.25 123.25 9.74 165.58
Lower Rajasthan 10.45 0.55 11.00 187.00 8.70 0.55 9.25 157.25 11.02 187.34
Total North Zone 49.40 6.60 56.00 952.00 39.15 6.60 45.75 777.75 53.00 901.00
                     
Gujarat 104.80 3.20 108.00 1836.00 85.80 3.20 89.00 1513.00 101.75 1729.75
Maharashtra 76.25 5.75 82.00 1394.00 82.25 5.75 88.00 1496.00 81.25 1381.25
Madhya Pradesh 20.55 0.70 21.25 361.25 19.80 0.70 20.50 348.50 20.65 351.05
Total Central Zone 201.60 9.65 211.25 3591.25 187.85 9.65 197.50 3357.50 203.65 3462.05
                     
Telangana 50.90 0.60 51.50 875.50 47.40 0.60 48.00 816.00 49.85 847.45
Andhra Pradesh 12.60 5.90 18.50 314.50 12.60 5.90 18.50 314.50 17.70 300.90
Karnataka 17.40 1.10 18.50 314.50 15.90 1.10 17.00 289.00 17.75 301.75
Tamil Nadu 3.05 2.20 5.25 89.25 3.30 2.20 5.50 93.50 2.50 42.50
Total South Zone 83.95 9.80 93.75 1593.75 79.20 9.80 89.00 1513.00 87.80 1492.60
                     
Orissa 3.35 0.05 3.40 57.80 2.95 0.05 3.00 51.00 3.40 57.80
Others 0.60   -   0.60 10.20 2.00   -   2.00 34.00 0.60 10.20
                     
Grand Total 338.90 26.10 365.00 6205.00 311.15 26.10 337.25 5733.25 348.45 5923.65

                                                                                                       

 
COTTON ASSOCIATION OF INDIA
INDIAN COTTON BALANCE SHEET FOR THE SEASON 2016-17 AND 2017-18
Estimated as on 30th June 2018
 
Details 2017-18 2016-17
(in lakh b/s) (in’000 Tons) (in lakh b/s) (in’000 Tons)
Supply        
    Opening Stock  36.00  612.00  36.50  620.50
    Crop  365.00  6205.00  337.25  5733.25
    Imports  15.00  255.00  30.94  525.98
Total Supply  416.00  7072.00  404.69  6879.73
Demand        
    Mill Consumption  280.00  4760.00  262.70  4465.90
    Consumption by SSI Units  29.00  493.00  26.21  445.57
    Non- Mill Consumption  15.00  255.00  21.50  365.50
Total  Domestic Demand  324.00  5508.00  310.41  5276.97
   Available Surplus  92.00  1564.00  94.28  1602.76
    Exports  70.00  1190.00  58.21  989.57
Closing Stock  22.00  374.00  36.07  613.19

 

 

 

COTTON ASSOCIATION OF INDIA
Balance Sheet of 9 months i.e. from 1.10.2017 to 30.06.2018
for the season 2017-18
Details (in lakh b/s of 170 kg) (in '000 Tons)
     
Opening Stock as on 01.10.2017 36.00 612.00
Arrivals upto 30.06.2018 348.45 5923.65
Imports upto 30.06.2018 10.00 170.00
Total Available 394.45 6705.65
     
Consumption (27 Lakhs X 9 months) 243.00 4131.00
Export Shipment upto 30.06.2018 64.00 1088.00
Stock with Mills 51.85 881.45
Stock with CCI, MNCs, MCX & Ginners 35.60 605.20
Total 394.45 6705.65

 

AS PER COTTON ASSOCIATION OF INDIA
STOCK ON 30.06.2018
    (Figures in lakh bales of  170 kg.)
STATE GINNERS MNC CCI MCX TOTAL
GUJARAT 5.00 3.50 0.20 1.00 9.70
NORTH 1.20 3.40 0.00 0.00 4.60
MAHARASHTRA 4.50 4.00 0.15 0.35 9.00
M.P. 1.50 0.25 0.15 0.00 1.90
TELANGANA 1.50 4.00 1.00 0.25 6.75
KARNATAKA 0.40 0.75 0.25 0.00 1.40
A.P. 1.25 1.00 0.00 0.00 2.25
TOTAL 15.35 16.90 1.75 1.60 35.60

 



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