Cotton production for 2012-13 to around 354 lakh bales: CAI

This year (2012-13), the total production of cotton is estimated to be around 354.25 lakh bales, according to Cotton Association of India.

This year the area under cotton is expected to be around 3% lower compared to last year.

The projected balance sheet drawn by CAI for the year 2012-13 estimated the total cotton supply at 417.46 lakh bales while the domestic consumption is estimated at 266 lakh bales, thus leaving an available surplus of 151.46 lakh bales.