MUMBAI (Commoditiescontrol) - The Cotton Association of India (CAI) has projected 2016-17 cotton crop estimate at 336.00 lakh bales, unchanged from August forecast.
The projected balance sheet drawn by the CAI estimated total cotton supply for the cotton season 2016-17 at 398.00 lakh bales (170k each) while the domestic consumption is estimated at 309.00 lakh bales thus leaving an available surplus of 89.00 lakh bales. (Note: CAI Balance Sheet Doesn't Include Export Figure)
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(Commoditiescontrol Bureau; +91-22-40015533)
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