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CAI assessed 340.5 lakh bales of cotton in 2016-17

Cotton Association of India (CAI) has retained its earlier estimate of cotton crop at Lakh bales for 2016-17 crop year beginning October 1, 2016. The balance sheet drawn by the CAI, in its April estimate, projects total cotton supply for the season at lakh bales while domestic consumption is pegged at 300 lakh bales. According to the just released April estimate of the cotton crop by the CAI, there would…
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Apparel and Textile News

India to Produce 346 Lakh Cotton Bales in 2016-17

India is projected to produce nearly 345 lakh bales of cotton in the crop year 2016-17 owing to better weather conditions, according to the Cotton Association of India (CAI). The country’s cotton production touched four crore bales during 2013-14, and fell to 386 lakh bales and 338 lakh bales in crop years 2014-15 and 2015-16, respectively. “Improvements in productivity during the current crop year are expected due to favourable weather…
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Apparel and Textile News

CAI Predicts Cotton Output at 336 Lakh Bales

Cotton Association of India (CAI) has predicted that cotton production for 2016-17 season beginning October one would be 336 lakh bales of 170 kg each. This estimate is nearly similar to the lakh bales produced in the ongoing season, as per CAI's July estimate. However, cotton acreage is likely to dip by about 10 per cent compared to the current year. Better weather conditions across all cotton growing regions of…
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Apparel and Textile News

India To Launch Its Own Cotton Price Index

India, to curb speculations across various markets and bring about further transparency in the price discovery mechanism, is planning to launch a cotton price index of its own for which it will be taking into account benchmark rates from four different sources. A sub-committee of Cotton Advisory Board (CAB) has suggested that the index be made up of prices of cotton on the Multi-Commodity Exchange of India (MCX) and those…
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Apparel and Textile News

Cotton Output At 341.5 Lakh Bales This Season

The Cotton Association of India (CAI) has projected India's cotton output in the ongoing marketing season beginning October one last year at lakh bales of 170 kg each. The estimated cotton production in 2015-16 is below previous season's total output of lakh bales, CAI said in its April estimate. The lower cotton output this year is mainly due to damage of crop because of white-fly attack in the northern region,…
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Apparel and Textile News

CAI Pegs Cotton Output At 345 Lakh Bales

The Cotton Association of India (CAI) has estimated the country's cotton output for the 2015-16 season (beginning October 1, 2015) at 345 lakh bales of 170 kg each, according to a report. Adding last season's surplus, the total cotton supply would be lakh bales for the season. Of this, domestic consumption is projected at 304 lakh bales, which will leave a surplus of lakh bales, CAI said. Up to February-end,…
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