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CAI REDUCES ITS FINAL COTTON CROP FOR 2020-21 SEASON TO 353.00 LAKH BALES |
Cotton Association of India (CAI) has released its final estimate of the cotton crop for the season 2020-21 beginning from 1st October 2020. CAI has reduced its final estimate of the cotton crop for 2020-21 by 1.50 lakh bales to 353.00 lakh bales of 170 kgs. each (equivalent to 375.06 lakh running bales of 160 kgs. each) from its previous estimate of 354.50 lakh bales of 170 kgs. each (equivalent to 376.66 lakh running bales of 160 kgs. each). A statement containing the State-wise estimate of the final cotton crop, monthly cotton balance sheet and the balance sheet for the cotton season 2020-21 with the corresponding data for 2019-20 crop year are enclosed. Also given below are the highlights of the deliberations of the virtual meeting of the Statistics Committee of the CAI which was held on 18th October 2021 and was attended by 25 members including Upcountry Cotton Trade Associations representing all cotton growing States.
The CAI has maintained its cotton crop estimate for the Northern Zone at the same level as in its previous month’s estimate i.e. at 65.50 lakh bales of 170 kgs. each (equivalent to 69.59 lakh running bales of 160 kgs. each).
The cotton crop estimate for the Central Zone has been reduced by 2.50 lakh bales to 191.00 lakh bales of 170 kgs. each (equivalent to 202.94 lakh running bales of 160 kgs. each) from 193.50 lakh bales of 170 kgs. each (equivalent to 205.59 lakh running bales of 160 kgs. each) estimated previously. There is a reduction of 2.00 lakh bales in the crop estimate for Gujarat state while the crop estimate of Maharashtra has been reduced by 0.50 lakh bales compared to the estimates of these states made previously.
The cotton crop estimate for Southern Zone has been increased by 1.00 lakh bales to 91.50 lakh bales of 170 kgs. each (i.e. 97.22 lakh running bales of 160 kgs. each) compared to the previous estimate of 90.50 lakh bales of 170 kgs. each (i.e. 96.16 lakh running bales of 160 kgs. each). The cotton crop for Karnataka and Tamil Nadu are estimated higher by 0.50 lakh bales each whereas the cotton crop estimates for the states of Telangana and Andhra Pradesh, have been maintained at the same levels as estimated previously. Also there is no change in the cotton crop estimate for Orissa.
The yearly Cotton Balance Sheet finalised by the CAI works out total cotton supply till end of the cotton season i.e. upto 30th September 2021 at 488 lakh bales of 170 kgs. each (equivalent to 518.50 lakh running bales of 160 kgs. each) consisting of the Opening Stock of 125 lakh bales of 170 kgs. each (i.e. 132.81 lakh running bales of 160 kgs. each) at the beginning of the cotton season, cotton crop for the season estimated at 353 lakh bales of 170 kgs. each (equivalent to 375.06 lakh running bales of 160 kgs. each) and imports estimated by the CAI at 10 lakh bales of 170 kgs. each (equivalent to 10.63 lakh running bales of 160 kgs. each), which are lower by 5.50 lakh bales of 170 kgs. each (equivalent to 5.84 lakh running bales of 160 kgs. each) from the previous year’s import estimated at 15.50 lakh bales of 170 kgs. each (equivalent to 16.47 lakh running bales of 160 kgs. each).
Domestic consumption for the entire crop year i.e. upto 30th September 2021 now arrived by the CAI is higher by 5 lakh bales to 335 lakh bales of 170 kgs. each (equivalent to 355.94 lakh running bales of 160 kgs. each). The CAI has also increased exports for the season by 1.00 lakh bales to 78.00 lakh bales of 170 kgs. each (equivalent to 82.88 lakh running bales of 160 kgs. each) from its previous estimate of 77 lakh bales of 170 kgs. each (equivalent to 81.81 lakh running bales of 160 kgs. each) based on the feedback received from exporter members. This cotton export figure now arrived by the CAI is higher by 28 lakh bales from the previous year’s cotton exports estimate of 50 lakh bales of 170 kgs. each (equivalent to 53.13 lakh running bales of 160 kgs. each). The carryover stock at the end of the season i.e. on 30th September 2021 is now arrived at 75.00 lakh bales of 170 kgs. each (equivalent to 79.69 lakh running bales of 160 kgs. each).
HIGHLIGHTS OF DELIBERATIONS HELD AT THE VIRTUAL MEETING OF THE STATISTICS COMMITTEE OF COTTON ASSOCIATION OF INDIA ON MONDAY, THE 18TH OCTOBER 2021
The Crop Committee of the Cotton Association of India (CAI) held its meeting on 18th October 2021, which was attended by in all 25 members representing all cotton producing states and stakeholders. The Committee arrived at the final estimate of the cotton crop for the 2020-21 crop year and also drawn the monthly as well as final cotton balance sheet based on the data available from various trade sources, upcountry associations and other stakeholders.
The following are the highlights of the deliberations held at this meeting: -
1. CONSUMPTION
The CAI has increased its consumption estimate for the current crop year by 5 lakh bales to 335 lakh bales of 170 kgs. each (equivalent to 355.94 lakh running bales of 160 kgs. each) from its previous estimate of 330 lakh bales of 170 kgs. each (equivalent to 350.63 lakh running bales of 160 kgs. each). The consumption now arrived for the current crop year is higher by 85 lakh bales compared to the previous year’s consumption estimate of 250 lakh bales of 170 kgs. each (equivalent to 265.63 lakh running bales of 160 kgs. each).
2. PRODUCTION
The CAI has reduced its cotton crop for the season 2020-21 to 353 lakh bales of 170 kgs. each (equivalent to 375.06 lakh running bales of 160 kgs. each) from its previous estimate of 354.50 lakh bales of 170 kgs. each (equivalent to 376.66 lakh running bales of 160 kgs. each) made during the last month.
3. IMPORTS
The CAI has retained cotton imports for the season at the same level of 10 lakh bales of 170 kgs. each (equivalent to 10.63 lakh running bales of 160 kgs. each) as estimated during the last month. The cotton imports now arrived are lower by 5.50 lakh bales of 170 kgs. each (equivalent to 5.84 lakh running bales of 160 kgs. each).from that estimated for the 2019-20 crop year.
4. EXPORTS
The cotton exports for the 2020-21 crop year have been increased by 1 lakh bales of 170 kgs. each to 78 lakh bales of 170 kgs. each (equivalent to 82.88 lakh running bales of 160 kgs. each) based on the input received from exporter-members.
5. CLOSING STOCK AS ON 30TH SEPTEMBER 2021
Closing stock as on 30th September 2021 now arrived by the Committee is 75 lakh bales of 170 kgs. each (equivalent to 79.69 lakh running bales of 160 kgs. each).
The CCI, Maharashtra Federation, MNCs, Ginners, Traders, MCX, etc. are estimated to have a total stock of about 27 lakh bales of 170 kgs. each (equivalent to 28.69 lakh running bales of 160 kgs. each) as on 30th September 2021 while, the total stock held by spinning mills and stockists (including the stock of cotton sold but not delivered) on 30th September 2021 is estimated at 48 lakh bales of 170 kgs. each (equivalent to 51 lakh running bales of 160 kgs. each).
| Mumbai | ( Atul S. Ganatra ) |
| Date : 19th October 2021 | President |
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| COTTON ASSOCIATION OF INDIA | |||||||||||||
| INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2019-20 AND 2020-21 | |||||||||||||
| Estimated as on 30th September 2021 | |||||||||||||
| State | Arrivals As on 30th September 2021 | ||||||||||||
| 2020-21 | 2019-20 | 2020-21 | |||||||||||
| Total | Total | Total | |||||||||||
| (in running b/s of 160 kgs. each) | 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 running b/s of 160 kgs. each) | 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 running b/s of 160 kgs. each) | (in lakh b/s of 170 kgs each) | (in’000 Tons) | |
| Punjab | 11.16 | 10.35 | 0.15 | 10.50 | 178.50 | 10.09 | 9.35 | 0.15 | 9.50 | 161.50 | 11.16 | 10.50 | 178.50 |
| Haryana | 23.91 | 22.14 | 0.36 | 22.50 | 382.50 | 27.09 | 25.14 | 0.36 | 25.50 | 433.50 | 23.91 | 22.50 | 382.50 |
| Upper Rajasthan | 20.72 | 19.25 | 0.25 | 19.50 | 331.50 | 13.81 | 12.75 | 0.25 | 13.00 | 221.00 | 20.72 | 19.50 | 331.50 |
| Lower Rajasthan | 13.81 | 12.76 | 0.24 | 13.00 | 221.00 | 15.94 | 14.76 | 0.24 | 15.00 | 255.00 | 13.81 | 13.00 | 221.00 |
| Total North Zone | 69.59 | 64.50 | 1.00 | 65.50 | 1113.50 | 66.94 | 62.00 | 1.00 | 63.00 | 1071.00 | 69.59 | 65.50 | 1113.50 |
| Gujarat | 97.22 | 90.01 | 1.49 | 91.50 | 1555.50 | 100.94 | 93.51 | 1.49 | 95.00 | 1615.00 | 97.22 | 91.50 | 1555.50 |
| Maharashtra | 86.06 | 79.91 | 1.09 | 81.00 | 1377.00 | 92.44 | 85.91 | 1.09 | 87.00 | 1479.00 | 86.06 | 81.00 | 1377.00 |
| Madhya Pradesh | 19.66 | 18.12 | 0.38 | 18.50 | 314.50 | 19.13 | 17.62 | 0.38 | 18.00 | 306.00 | 19.66 | 18.50 | 314.50 |
| Total Central Zone | 202.94 | 188.04 | 2.96 | 191.00 | 3247.00 | 212.50 | 197.04 | 2.96 | 200.00 | 3400.00 | 202.94 | 191.00 | 3247.00 |
| Telangana | 46.75 | 43.31 | 0.69 | 44.00 | 748.00 | 55.25 | 51.31 | 0.69 | 52.00 | 884.00 | 46.75 | 44.00 | 748.00 |
| Andhra Pradesh | 17.00 | 15.77 | 0.23 | 16.00 | 272.00 | 16.20 | 15.02 | 0.23 | 15.25 | 259.25 | 17.00 | 16.00 | 272.00 |
| Karnataka | 25.50 | 23.59 | 0.41 | 24.00 | 408.00 | 21.25 | 19.59 | 0.41 | 20.00 | 340.00 | 25.50 | 24.00 | 408.00 |
| Tamil Nadu | 7.97 | 7.40 | 0.10 | 7.50 | 127.50 | 5.31 | 4.90 | 0.10 | 5.00 | 85.00 | 7.97 | 7.50 | 127.50 |
| Total South Zone | 97.22 | 90.07 | 1.43 | 91.50 | 1555.50 | 98.02 | 90.82 | 1.43 | 92.25 | 1568.25 | 97.22 | 91.50 | 1555.50 |
| Orissa | 3.19 | 2.94 | 0.06 | 3.00 | 51.00 | 3.98 | 3.69 | 0.06 | 3.75 | 63.75 | 3.19 | 3.00 | 51.00 |
| Others | 2.13 | 2.00 | - | 2.00 | 34.00 | 1.06 | 1.00 | - | 1.00 | 17.00 | 2.13 | 2.00 | 34.00 |
| Grand Total | 375.06 | 347.55 | 5.45 | 353.00 | 6001.00 | 382.50 | 354.55 | 5.45 | 360.00 | 6120.00 | 375.06 | 353.00 | 6001.00 |
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| COTTON ASSOCIATION OF INDIA | ||||
| INDIAN COTTON BALANCE SHEET FOR THE SEASON 2019-20 AND 2020-21 | ||||
| Estimated as on 30th September 2021 | ||||
| Details | 2020-21 | 2019-20 | ||
| (in lakh b/s) | (in’000 Tons) | (in lakh b/s) | (in’000 Tons) | |
| Supply | ||||
| Opening Stock | *125.00 | 2125.00 | 32.00 | 544.00 |
| Crop | 353.00 | 6001.00 | 360.00 | 6120.00 |
| Imports | 10.00 | 170.00 | 15.50 | 263.50 |
| Total Supply | 488.00 | 8296.00 | 407.50 | 6927.50 |
| Demand | ||||
| Mill Consumption | 292.00 | 4964.00 | 218.00 | 3706.00 |
| Consumption by SSI Units | 25.00 | 425.00 | 18.00 | 306.00 |
| Non- Mill Consumption | 18.00 | 306.00 | 14.00 | 238.00 |
| Total Domestic Demand | 335.00 | 5695.00 | 250.00 | 4250.00 |
| Available Surplus | 153.00 | 2601.00 | 157.50 | 2677.50 |
| Exports | 78.00 | 1326.00 | 50.00 | 850.00 |
| Closing Stock | 75.00 | 1275.00 | 107.50 | 1827.50 |
| * | One time adjustment of 17.50 lakh bales made in the Opening stock i.e. 107.50 lakh bales to 125.00 lakh bales by the CAI Statistics Committee in the meeting held on 6th January 2021. | |||
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| COTTON ASSOCIATION OF INDIA | ||
| Balance Sheet of 12 months i.e. from 1.10.2020 to 30.09.2021 | ||
| for the season 2020-21 | ||
| Details | (in lakh b/s of 170 kg) | (in '000 Tons) |
| Opening Stock as on 01.10.2020 | 125.00 | 2125.00 |
| Arrivals upto 30.09.2021 | 353.00 | 6001.00 |
| Imports upto 30.09.2021 | 10.00 | 170.00 |
| Total Available | 488.00 | 8296.00 |
| Consumption | 335.00 | 5695.00 |
| Export Shipments upto 30.09.2021 | 78.00 | 1326.00 |
| Stock with Mills | 48.00 | 816.00 |
| Stock with CCI, Maha. Fedn., MCX, MNCs, Ginners, Traders & Exporters:- | ||
| Unsold and Sold but not lifted stock with CCI and Maharashtra Fedn.: | 18.00 | 306.00 |
| Stock with MNCs, Traders, Exporters, Ginners and Exchanges | 9.00 | 153.00 |
| Total | 488.00 | 8296.00 |