Cotton Association of India (CAI) released its September estimates (as on 30th September 2009) of the Cotton Crop for the season 2009-10. CAI estimated the Cotton Crop for the new season at 312.75 lakh bales, marginally higher than last months estimates. The projected Balance Sheet drawn by the CAI for the year 2009-10, estimated the total cotton supply at 391.25 lakh bales, while the domestic consumption was estimated at 250.00 lakh bales, thus leaving a surplus of 141.25 lakh bales. The CAI estimated the cotton exports during 2009-10 season at 70.00 lakh bales. A statement containing the State-wise estimates of Crop and Balance Sheet for the season 2009-10 is given below.
The impact of flood situation in the States of Andhra Pradesh and Karnataka has not been severe. Yield is a cause of concern because of erratic rains although any decrease in yield is likely to be made up by historical high acreage under cotton close to 100 lakh hectares. Even with higher exports estimated for this season, carry-over stock at the end of the season would be quite comfortable resulting in one of the highest stock-to-use ratio in recent times.
Mumbai, | Dhiren N. Sheth |
23rd October, 2009 | President |
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COTTON ASSOCIATION OF INDIA |
CROP ESTIMATION FOR THE SEASON 2009-10 |
SEPTEMBER 2009 |
AS ESTIMATED BY STATISTICS COMMITTEE |
( in lakh bales of 170 kg.) |
State |
Crop Estimates 2009-10
|
Punjab |
16.50 |
Haryana |
15.50 |
Upper Rajasthan |
8.00 |
Lower Rajasthan |
3.25 |
Total North zone |
43.25 |
Gujarat |
100.00 |
Maharashtra |
72.00 |
Madhya Pradesh |
18.50 |
Total Central zone |
190.50 |
Andhra Pradesh |
51.00 |
Karnataka |
10.50 |
Tamil Nadu |
4.00 |
Total South zone |
65.50 |
Orissa |
1.00 |
Others |
0.50 |
Total |
300.75 |
Loose production (Survey) |
+12.00 |
All India |
312.75 |
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COTTON ASSOCIATION OF INDIA |
CROP ESTIMATION FOR THE SEASON 2009-10 |
SEPTEMBER 2009 |
AS ESTIMATED BY STATISTICS COMMITTEE |
( in lakh bales of 170 kg.) |
|
2009-10 |
Opening Stock |
71.50 |
Crop |
312.75 |
Imports |
7.00 |
Total Supply |
391.25 |
Mill Consumption |
210.00 |
Consumption by SSI Units |
21.00 |
Non-Mill consumption |
19.00 |
Exports |
70.00 |
Total Demand |
320.00 |
Carry over stock |
71.25 |