You are here: Home » Markets » Commodities » Other Commodities
Business Standard

Cotton crop estimated at 35.1 mn bales in 2012-13 season: CAI

Projected balance sheet drawn by CAI for 2012-13 estimated the total cotton supply at 41.9 mn bales

Press Trust Of India  |  Mumbai 

The Cotton Association of India (CAI) on Wednesday said it has placed the cotton crop for the season 2012-13 at 35.1 million bales as against 37.3 million bales in 2011-12.

CAI has placed the cotton crop for the season 2012-13 at 35.1 million bales, the association said after releasing its March estimates (as on March 31, 2013) of the cotton crop for the season 2012-13.

The projected balance sheet drawn by CAI for 2012-13 estimated the total cotton supply at 41.9 million bales, while the domestic consumption is estimated at 27.5 million bales, thus leaving an available surplus of 14.42 million bales, CAI President Dhiren Sheth said in a statement.

The cotton arrivals as on March 31 are placed at 29.42 million bales. The exports of cotton have virtually come to a standstill in 2012-13 as compared to 12.7 million bales exported in 2011-12, CAI said.

Commenting on state-wise cotton crop, CAI said, Gujarat is estimated to produce 8.5 million bales in 2012-13 as compared to 11.4 million bales in 2011-12.

Andhra Pradesh has surprised this year with an estimated higher cotton crop of 7.4 million bales in 2012-13 as against 5.8 million bales in 2011-12. Maharashtra is lagging behind with 7.15 million bales in 2012-13 as compared to 7.2 million bales last year.

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, April 10 2013. 22:31 IST
RECOMMENDED FOR YOU
.