The Cotton Association of India (CAI) released its January Estimates (as on 31st January 2010) of the Cotton Crop for the season 2009-10. CAI estimated the Cotton Crop for the new season at 302.00 lakh bales. The projected Balance Sheet drawn by the CAI for the year 2009-10, estimated the total cotton supply at 382.50 lakh bales, while the domestic consumption was estimated at 247.00 lakh bales, thus leaving a surplus of 135.50 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 2009-10 is given below.
The arrivals as of 31st January 2010 constitute approximately 60% of the expected crop. The pace of exports has slackened because of falling international prices. The quality and the pace of arrivals continue to be good.
| Mumbai, | Dhiren N. Sheth |
| 8th February 2010 | President |
 |
| COTTON ASSOCIATION OF INDIA |
| INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2009-10 |
| Estimated as on 31st January 2010 |
| ( in lakh bales of 170 kg.) |
|
State |
Crop |
Arrivals |
|
|
2009-10 |
2009-10 |
|
Punjab |
15.00 |
12.00 |
|
Haryana |
15.00 |
12.00 |
|
Upper Rajasthan |
7.50 |
6.00 |
|
Lower Rajasthan |
3.00 |
2.50 |
|
Total North zone |
40.50 |
32.50 |
|
Gujarat |
97.00 |
61.00 |
|
Maharashtra |
67.00 |
34.00 |
|
Madhya Pradesh |
16.00 |
10.00 |
|
Total Central zone |
180.00 |
105.00 |
|
Andhra Pradesh |
53.00 |
27.00 |
|
Karnataka |
10.00 |
5.50 |
|
Tamil Nadu |
4.50 |
1.50 |
|
Total South zone |
67.50 |
34.00 |
|
Orissa |
1.00 |
0.75 |
|
Others |
1.00 |
0.75 |
|
Total |
290.00 |
173.00 |
|
Loose Consumption |
12.00 |
7.00 |
|
Grand Total |
302.00 |
180.00 |
|
| COTTON ASSOCIATION OF INDIA |
| INDIAN COTTON CROP ESTIMATE FOR THE SEASON 2009-10 |
| Estimated as on 31st January 2010 |
| ( in lakh bales of 170 kg.) |
|
|
Details |
Balance sheet |
|
2009-10 |
||
|
Supply |
Opening Stock |
71.50 |
|
Crop |
302.00 |
|
|
Imports |
9.00 |
|
|
Total Supply |
382.50 |
|
|
Demand |
Mill Consumption |
207.00 |
|
Consumption by SSI Units |
21.00 |
|
|
Non-Mill consumption |
19.00 |
|
|
Exports |
65.00 |
|
|
Total Demand |
312.00 |
|
|
|
Carry over stock |
70.50 |
|
|
Stock to use Ratio |
0.23 |