Over 90% of season s cotton crop has arrived in markets
April 15, 2021
CAI increases the production estimate to 360 lakh bales on higher output in North India Over 90 per cent of the cotton crop for the current season (October 2020- September 2021 has arrived in various markets across the country as on March 31, according to the Cotton Association of India (CAI).
In a press release, the cotton trade body said that against the projected production of 360 lakh bales (170 kg each), 326.76 lakh bales had already arrived in various parts by March-end.
Total cotton supplies during in the first six months of the season stood at 459.26 lakh bales. Besides the market arrivals, the supplies included 7.50 lakh bales of imports and a record opening stock of 125 lakh bales at the beginning of the season.
Cotton production for 2020-21 estimated at 360L bales
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CAI estimates surplus Cotton production despite increased consumption
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