Home / Knowledge / News / Textiles / CAB forecasts 2015-16 cotton output at 365 lakh bales
CAB forecasts 2015-16 cotton output at 365 lakh bales
03
Nov '15
The Cotton Advisory Board (CAB), at its first meeting for the cotton season 2015-16, has forecast production at 365 million bales of 170 kg each.
 
The meeting held under the chairmanship of textile commissioner Kavita Gupta deliberated the cotton scenario in the country and also discussed state-wise area, production, import, export and consumption of cotton.
 
According to the provisional balance sheet drawn by CAB, imports for the current season are expected to decline to 12 lakh bales compared to previous season's import of 14.39 lakh bales, said a press release issued by the Office of the Textile Commissioner.
 
Including the opening stock of 53 lakh bales, the total supply of cotton in 2015-16 is estimated at 429 lakh bales, nearly the same as 427.39 lakh bales supply in 2014-15.
 
On the demand side, mill consumption is expected to slightly increase to 284 lakh bales from previous season's provisional figure of 278.55 lakh bales. Consumption by small scale units is also likely to go up from 26.28 lakh bales in 2014-15 to 28 lakh bales this season.
 
Cotton exports are projected to grow from 57.72 lakh bales in the last season to 68 lakh bales in 2015-16. This will result in total demand moving up to 391 lakh bales compared to 375.39 lakh bales in the previous season.
 
CAB expects closing stock in 2015-16 season at 38 lakh bales. (RKS)
 

Fibre2Fashion News Desk – India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X