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CAI reduces final estimate for 2020-21 cotton crop

  

In its final estimate of the cotton crop for the season 2020-21 beginning from October 01, 2020, Cotton Association of India (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 kg each from its previous estimate of 354.50 lakh bales of 170 kg 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 October 18. 2021 and was attended by 25 members including Upcountry Cotton Trade Associations representing all cotton growing States.

The cotton crop estimate for the Central Zone has been reduced by 2.50 lakh bales to 191.00 lakh bales of 170 kg. each (equivalent to 202.94 lakh running bales of 160 kg. each) from 193.50 lakh bales of 170 kgs. each (equivalent to 205.59 lakh running bales of 160 kg. each) estimated 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.

The yearly Cotton Balance Sheet finalized by the CAI works out total cotton supply till end of the cotton season i.e. upto September 30, 2021 at 488 lakh bales of 170 kg. each consisting of the Opening Stock of 125 lakh bales of 170 kg. each at the beginning of the cotton season, cotton crop for the season estimated at 353 lakh bales of 170 kg each and imports estimated by the CAI at 10 lakh bales of 170 kgs. each, which are lower by 5.50 lakh bales of 170 kg eachfrom the previous year’s import estimated at 15.50 lakh bales of 170 kg each.

 
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