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CAI Retains Its 2019-20 Cotton Crop Estimates At 354.5 Lakh Bales

12 Dec 2019 10:14 am
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MUMBAI (Commoditiescontrol) - The Cotton Association of India (CAI) has retained its cotton production estimate at 354.5 lakh bales in its latest November forecast for the 2019-20 season, same as October.

In the last cotton season, total output stood at 312 lakh bales. The cotton season runs from October to September.

Even as a large part of the cotton growing region in Gujarat faces pink bollworm infestation, casting a shadow on the crop outlook, the improved prospects in Maharashtra and Telangana, will help India retain its overall cotton output for the 2019-20 season at 354.5 lakh bales (each of 170 kg).

"The crop estimate for Gujarat state, the top domestic producer, has been reduced by 4 lakh bales on account of crop damage due to heavy rains and pink bollworm infestation. About 10 percent of the cotton farmers in the state have uprooted their cotton plants and wish to migrate to other competing crops," said CAI on Wednesday.

According to CAI estimates, Gujarat's cotton crop, earlier estimated at 100 lakh bales, has now been cut to 96 lakh bales. There is also a dip in the production estimated from North India, including Rajasthan and Punjab.

On the other hand, the output in Maharashtra and Telangana has been raised higher by 3 lakh bales each, to 83 lakh bales and 51 lakh bales, respectively.

Cotton arrivals during October and November are estimated at 56.15 lakh bales. Import shipments from October 1, 2019, to November 30, 2019, which have reached Indian ports, are estimated at 5 lakh bales, while the balance 20 lakh bales is estimated to arrive in the ports between December 1, 2019, and September 30, 2020 (total imports estimated during the entire season is 25 lakh bales).

On the exports front, cotton shipments during October 1, 2019, to November 30, 2019, stood at 5 lakh bales. The total exports for the year are projected at 42 lakh bales.

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