Source: PRESS RELEASE

CAI RELEASES ITS MARCH ESTIMATE OF THE COTTON CROP FOR 2018-19 SEASON;

REDUCES THE CROP FURTHER BY 7 LAKH BALES FROM ITS PREVIOUS MONTH ESTIMATE

 

Cotton Association of India (CAI) has released its March estimate of the cotton crop for the season 2018-19 beginning from 1st October 2018.

The CAI has estimated cotton crop for 2018-19 at 321 lakh bales of 170 kgs each which is lower by 7 lakh bales than its previous estimate of 328 lakh bales made during last month.  Statements containing the State-wise Estimate of the cotton crop and the Balance Sheet for the season 2018-19 with the corresponding data for the previous year are enclosed.  The CAI has reduced the crop estimate for Gujarat by 1 lakh bales, Maharashtra by 80,000 bales, Telangana by 4 lakh  bales, Andhra Pradesh by 1 lakh bales and Karnataka by 75,000 bales whereas there is marginal increase of 50,000 bales in Tamil Nadu and 5,000 bales in the State of Orissa.

As mentioned in our earlier Press Releases, the main reason for reduction in cotton crop during this year is the scarcity of water in some states and the fact that farmers uprooted their cotton plants in about 70-80%  area without waiting for 3rd and 4th pickings.

Total cotton supply projected by the CAI during the period from October 2018 to March 2019 is 290.00 lakh bales of 170 kgs each which consists of the arrival of 255.83 lakh bales upto 31st March 2019, imports of 6.17 lakh bales upto 31st March 2019 and the opening stock at the beginning of the season at 28 lakh bales.

Further, the CAI has estimated cotton consumption during the months of October 2018 to March 2019 at 158 lakh bales while the export shipment of cotton upto 31st March 2019 has been estimated at 39 lakh bales.  Stock at the end of March 2019 is estimated at 93 lakh bales including 45.85 lakh bales with textile mills and remaining 47.15 lakh bales with CCI and others (MNCs, Traders, Ginners, etc.).

The CAI has also projected yearly Balance Sheet for the cotton season 2018-19 wherein total cotton supply till end of the cotton season i.e. upto September 2019 has been estimated at 376 lakh bakes of 170 kgs each consisting of the Opening Stock of 28 lakh bales at the beginning of the cotton season, cotton crop for the season estimated at 321 lakh bales and imports estimated by the CAI at 27 lakh bales, which are higher by 12 lakh bales compared to the previous year’s import estimated at 15 lakh bales.

The CAI has estimated domestic consumption of 316 lakh bales i.e. at the same level as estimated during the last month while the CAI has estimated exports for the season 2018-19  at 47 lakh bales which are lower by 22 lakh bales compared to the export of 69 lakh bales estimated during last year.  The carry-over stock at the end of the season is estimated at 13 lakh bales.

 

    Mumbai  (Atul S. Ganatra)
9th April 2019 President

 

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2017-18 AND 2018-19     
Estimated as on 31st March 2019
State         Arrivals As on         31st March 2019
2018-19 2017-18 2018-19
    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) anua (in’000 Tons)
Punjab 7.50 2.50 09.00 170.00 6.50 2.50 9.00 153.00 7.61 129.37
Haryana 22.00 3.00 24.00 425.00 20.60 3.00 23.60 401.20 20.56 349.52
Upper Rajasthan 11.45 0.55 13.00 204.00 10.60 0.55 11.15 189.55 12.44 211.48
Lower Rajasthan 12.45 0.55 14.00 221.00 11.70 0.55 12.25 208.25 13.57 230.69
Total North Zone 53.40 6.60 60.00 1020.00 49.40 6.60 56.00 952.00 54.18 921.06
                     
Gujarat 79.30 3.20 82.50 1402.50 101.80 3.20 105.00 1785.00 61.00 1037.00
Maharashtra 70.45 5.75 76.20 1295.40 77.25 5.75 83.00 1411.00 59.00 1003.00
Madhya Pradesh 23.55 0.70 24.25 412.25 20.80 0.70 21.50 365.50 20.00 340.00
Total Central Zone 173.30 9.65 182.95 3110.15 199.85 9.65 209.50 3561.50 140.00 2380.00
                     
Telangana 38.40 0.60 39.00 663.00 50.90 0.60 51.50 875.50 33.25 565.25
Andhra Pradesh 9.10 5.90 15.00 255.00 12.60 5.90 18.50 314.50 10.15 172.55
Karnataka 13.15 1.10 14.25 242.25 17.65 1.10 18.75 318.75 11.00 187.00
Tamil Nadu 3.30 2.20 5.50 93.50 3.55 2.20 5.75 97.75  3.00 51.00
Total South Zone 63.95 9.80 73.75 1253.75 84.70 9.80 94.50 1606.50 57.40 975.80
                     
Orissa 3.25 0.05 3.30 56.10 3.95 0.05 4.00 68.00 3.25 55.25
Others 1.00               -   1.00 17.00 1.00                -   1.00 17.00 1.00 17.00
                     
Grand Total 294.90 26.10 321.00 5457.00 338.90 26.10 365.00 6205.00 255.83 4349.11

                                                                                       

 
COTTON ASSOCIATION OF INDIA
INDIAN COTTON BALANCE SHEET FOR THE SEASON 2017-18 AND 2018-19
Estimated as on 31st March 2019
 
Details 2018-19 2017-18
(in lakh b/s) (in’000 Tons) (in lakh b/s) (in’000 Tons)
Supply        
   Opening Stock 28.00 476.00 36.00 612.00
   Crop 321.00 5457.00 365.00 6205.00
    Imports 27.00 459.00 15.00 255.00
Total Supply 376.00 6392.00 416.00 7072.00
Demand        
   Mill Consumption 276.00 4692.00 275.00 4675.00
   Consumption by SSI Units 28.00 476.00 29.00 493.00
   Non- Mill Consumption 12.00 204.00 15.00 255.00
Total  Domestic Demand 316.00 5372.00 319.00 5423.00
   Available Surplus 60.00 1020.00 97.00 1649.00
   Exports 47.00 799.00 69.00 1173.00
Closing Stock 13.00 221.00 28.00 476.00

                             

 

COTTON ASSOCIATION OF INDIA
Balance Sheet of 6 months i.e. from 1.10.2018 to 31.03.2019
for the season 2018-19
     
Details (in lakh b/s of 170 kg) (in '000 Tons)
     
Opening Stock as on 01.10.2018 28.00 476.00
Arrivals upto 31.03.2019 255.83 4349.11
Imports upto 31.03.2019 6.17 104.89
Total Available 290.00 4930.00
     
Consumption  158.00 2686.00
Export Shipment upto 31.03.2019 39.00 663.00
Stock with Mills 45.85 779.45
Stock with CCI, MNCs & Ginners 47.15 801.55
Total 290.00 4930.00

 

 

AS PER COTTON ASSOCIATION OF INDIA
STOCK ON 31.03.2019
    (Figures in lakh bales of  170 kg.)  
           
STATE GINNERS MNC CCI MCX TOTAL
PUNJAB 0.37 0.20 NIL NIL 0.57
HARYANA 0.40 0.14 NIL NIL 0.54
RAJASTHAN 2.00 0.54 NIL NIL 2.54
GUJARAT 7.05 3.10 0.50 0.50 11.15
MAHARASHTRA 7.00 2.30 1.80 1.40 12.50
ANDHRA PRADESH 2.50 0.70 0.10 NIL 3.30
TELANGANA 2.30 1.00 7.70 0.17 11.17
MADHYA PRADESH 1.93 0.60 0.50 NIL 3.03
ORISSA 0.70 NIL 0.30 NIL 1.00
KARNATAKA 1.00 0.20 0.15 NIL 1.35
TOTAL 25.25 8.78 11.05 2.07 47.15

 



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