We are facing issue with Streaming Exchanges Pages, Please use other pages for timing, Inconvenience Regretted.
login_img.jpg
Login ID:
Password:
Partner Login
Contact Us : 7066511911

CAI Revises Down 2015-16 Cotton Production Estimate

18 Apr 2016 4:32 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - The Cotton Association of India (CAI) has projected cotton production for 2015-15 season that begins from October 1, 2015 lower at 341 lakh bales from 345 lakh bales forecast in February.

The country's cotton production during 2014-15 was estimated at 382.75 lakh bales.

The projected Balance Sheet drawn by the CAI estimated total cotton supply for the season 2015-16 at 428.60 lakh bales while the domestic consumption is estimated at 305.00 lakh bales thus leaving an available surplus of 123.60 lakh bales.

The arrivals of cotton during the ongoing 2015-16 season continue to lag behind the last year. The arrivals during 2015-16 season up to the end of March 2016 which are estimated at 280.15 lakh bales are lower by about 12% than 318.45 lakh bales arrived up to the same period last year. This reduction in arrivals during the ongoing cotton season is a clear indication of a lower crop this year.

In Lakh Bales

State 2015-16 2014-15 Arrivals As on March 31
Punjab 8.25 13 7.8
Haryana 16 23.5 13.85
Upper Rajasthan 5.25 6.5 4.7
Lower Rajasthan 10.5 10.5 10.25
Total North Zone 40 53.5 36.6
Gujarat 93 108 73.15
Maharashtra 77.5 78.5 63.25
Madhya Pradesh 19 18 16.4
Total Central Zone 189.5 204.5 152.8
Telangana 56.5 55.25 47.5
Andhra Pradesh 23 25.75 17.5
Karnataka 19 30.5 16
Tamil Nadu 7 7.25 4.5
Total South Zone 105.5 118.75 85.5
Orissa 4 4 3.25
Others 2 2 2
Grand Total 341 382.75 280.15




(By Commoditiescontrol Bureau; +91-22-40015533)


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Post Comment  

Latest Special Reports
Weekly: ICE cotton futures post extend fall for sixth s...
USDA revises 2023-24 global cotton ending stocks estima...
Cotton (Akola) Positive Short-term Trend / Next Resist...
US cotton net export sales for March 29-April 4 at 81,5...
Weekly: ICE cotton futures post biggest weekly loss in ...
more
Top 5 News
Mumbai Black Matpe (Urad) Trending Higher / Next Resis...
RBD Palm Olein (Kandla) Positive Short-term Trend / Ne...
Soybean Meal (Indore) Trending Higher / Next Resistanc...
Burma Pigeon Pea (Tur) CNF$ Lemon Positive Trend / Nex...
Weekly: ICE raw sugar records loss for second week in a...
Top 5 Market Commentary
Solapur Pulse Market Sees Unchanged Tur and Urad Prices...
BMD CPO drops to 5-week low on higher production , weak...
Market Snapshot MCX - NCDEX
China''s Q1 Economic Growth Exceeds Forecasts
NCDEX Stock position of commodities at NCCL approved wa...
Copyright © CC Commodity Info Services LLP. All rights reserved.