Source: PRESS RELEASE

The Cotton Association of India (CAI) released its August estimate of the cotton crop for the season 2014-15. The CAI has placed the cotton crop for the season 2014-15 beginning on 1st October 2014 at 403.75 lakh bales of 170 kgs. each. The projected Balance Sheet drawn by the CAI for the year 2014-15 estimated total cotton supply at 468.50 lakh while domestic consumption is estimated at 300 lakh bales thus leaving an available surplus of 168.50 lakh bales. A statement containing the State-wise estimates of the crop and Balance Sheet for the season 2014-15 with the corresponding data for the previous year is given below.

In its August estimates, the CAI has also placed the cotton crop for the season 2013-14 at 403.50 lakh bales while the arrivals upto 31st August 2014 are placed at 402 lakh bales. 

The acreage under cotton as reported by the Directorate of Cotton Development, Government of India as of now is 123.71 lakh hectare and it is likely to be finally in the range of about 126-127 lakh hectare against the acreage of 117.27 lakh hectare under cotton during the crop year 2013-14. The free and stable cotton policy maintained by the Government during the last few years has encouraged the market forces to play a role to the advantage of the entire cotton value chain more particularly the cotton farmers providing them the opportunity of realising remunerative prices for their produce. This has encouraged the farmers to bring in the largest ever acreage under cotton during the 2014-15 crop year.

Keeping in mind the increased acreage and the recent round of rains which has improved the situation to a great extent and alleviated the fear of a poor yield, the cotton production for the season 2014-15 is set to reach the level of last year which is already a record and it can even surpass last year’s production level if the weather remains favourable.

 

Mumbai Dhiren N. Sheth
9th September 2014  President

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2013-14 AND 2014-15
Estimated as on 31st August 2014
         
State Crop
2014-15 2013-14
    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)
Punjab 12.50 2.50 15.00 255.00 12.50 2.50 15.00 255.00
Haryana 23.00 3.00 26.00 442.00 20.50 3.00 23.50 399.50
Upper Rajasthan 5.95 0.55 6.50 110.50 4.95 0.55 5.50 93.50
Lower Rajasthan 9.70 0.55 10.25 174.25 7.70 0.55 8.25 140.25
Total North Zone 51.15 6.60 57.75 981.75 45.65 6.60 52.25 888.25
                 
Gujarat 122.80 3.20 126.00 2142.00 126.05 3.20 129.25 2197.25
Maharashtra 78.25 5.75 84.00 1428.00 81.25 5.75 87.00 1479.00
Madhya Pradesh 18.30 0.70 19.00 323.00 18.80 0.70 19.50 331.50
Total Central Zone 219.35 9.65 229.00 3893.00 226.10 9.65 235.75 4007.75
                 
Telangana 45.65 4.10 49.75 845.75 68.50 6.50 75.00 1275.00
Seemandhra 20.60 2.40 23.00 391.00
Karnataka 29.90 1.10 31.00 527.00 27.15 1.10 28.25 480.25
Tamil Nadu 5.05 2.20 7.25 123.25 5.05 2.20 7.25 123.25
Total South Zone 101.20 9.80 111.00 1887.00 100.70 9.80 110.50 1878.50
                 
Orissa 3.95          0.05 4.00 68.00 2.95            0.05 3.00 51.00
Others 2.00             -   2.00 34.00 2.00               -   2.00 34.00
                 
Grand Total 377.65 26.10 403.75 6863.75 377.40 26.10 403.50 6859.50
Note Loose figures are taken for Telangana and Seemandhra separately as proportionate to the crop for the purpose of accuracy.

 

 

COTTON ASSOCIATION OF INDIA
INDIAN COTTON BALANCE SHEET FOR THE SEASON 2013-14 and 2014-15
Estimated as on 31st August  2014
 
Details 2014-15 2013-14
(in lakh b/s) (in’000 Tons) (in lakh b/s) (in ’000Tons)
Supply        
     Opening Stock 51.75 879.75 43.25 735.25
     Crop 403.75 6863.75 403.50 6859.50
     Imports 13.00 221.00 13.00 221.00
Total Supply 468.50 7964.50 459.75 7815.75
         
Demand        
     Mill Consumption 258.00 4386.00 255.00 4335.00
     Consumption by SSI Units 26.00 442.00 24.00 408.00
      Non- Mill Consumption 16.00 272.00 16.00 272.00
      Exports        
Total  Demand 300.00 5100.00 295.00 5015.00
Available Surplus 168.50 2864.50 164.75 2800.75
Closing Stock                      -                       -                       -                       -