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Cotton production estimated to be lower at 360 lakh bales

Cotton production estimated to be lower at 360 lakh bales Updated: Updated: Share Article AAA The Committee on Cotton Production and Consumption expects production during the current season (October 2020 to September 2021) to be at 360 lakh bales, slightly lower than the 2019-2020 estimate of 365 lakh bales. At a meeting held on Friday, the committee estimated cotton exports in the current season to be at 70 lakh bales and consumption by textile mills at 288 lakh bales. The closing stock is projected to be almost 119 lakh bales. In its previous meeting held in January this year, the committee estimated 2020-2021 production to be 371 lakh bales, textile mill consumption at 312 lakh bales, and exports to be at 75 lakh bales.

Over 90% of season s cotton crop has arrived in markets - The Hindu BusinessLine

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.

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