The Cotton Association of India (CAI) has in its March estimate retained its cotton crop estimate for 2019-20 marketing season ending September 30, 2020 at 354.50 lakh bales of 170 kg each, i.e. at the same level as in the previous estimate. CAI has made no change in the yearly Balance Sheet projected by it and the Crop Committee of the Association.

 

The Cotton Association of India (CAI) has in its March estimate retained its cotton crop estimate for 2019-20 marketing season ending September 30, 2020 at 354.50 lakh bales of 170 kg each, i.e. at the same level as in the previous estimate. CAI has made no change in the yearly Balance Sheet projected by it and the Crop Committee of the Association.#

The total cotton supply estimated by the CAI during the months of October 2019 to March 2020 is 327.53 lakh bales of 170 kg each, which consists of the arrivals of 283.03 lakh bales up to March 31, 2020, imports of 12.50 lakh bales up to March 31, 2020, and the opening stock estimated by the CAI at 32.00 lakh bales at the beginning of the season.

 

The Cotton Association of India (CAI) has in its March estimate retained its cotton crop estimate for 2019-20 marketing season ending September 30, 2020 at 354.50 lakh bales of 170 kg each, i.e. at the same level as in the previous estimate. CAI has made no change in the yearly Balance Sheet projected by it and the Crop Committee of the Association.#

Further, the CAI has estimated cotton consumption during the months of October 2019 to March 2020 at 154.00 lakh bales of 170 kg each, while the export shipment of cotton estimated up to March 31, 2020 is 31.00 lakh bales. Stock at the end of March 2020 is estimated by the CAI at 142.53 lakh bales including 34.00 lakh bales with textile mills and the remaining 108.53 lakh bales with CCI and others (MNCs, traders, ginners, etc.).

 

The Cotton Association of India (CAI) has in its March estimate retained its cotton crop estimate for 2019-20 marketing season ending September 30, 2020 at 354.50 lakh bales of 170 kg each, i.e. at the same level as in the previous estimate. CAI has made no change in the yearly Balance Sheet projected by it and the Crop Committee of the Association.#

There is no change in the yearly Balance Sheet projected by the CAI and the Crop Committee of the Association has estimated total cotton supply till end of the cotton season i.e. up to September 30, 2020 at 411.50 lakh bales of 170 kg each (i.e. at the same level as estimated in the previous month).  Total cotton supply consists of the Opening Stock of 32.00 lakh bales at the beginning of the cotton season on October 1, 2019, crop for the season estimated at 354.50 lakh bales and imports estimated by the CAI at 25.00 lakh bales, which are lower by 7.00 lakh bales compared to the previous year's estimate of 32.00 lakh bales.

 

The Cotton Association of India (CAI) has in its March estimate retained its cotton crop estimate for 2019-20 marketing season ending September 30, 2020 at 354.50 lakh bales of 170 kg each, i.e. at the same level as in the previous estimate. CAI has made no change in the yearly Balance Sheet projected by it and the Crop Committee of the Association.#

Domestic consumption estimated by the CAI for the entire crop year i.e. up to September 30, 2020 is 331 lakh bales, i.e. at the same level as estimated by the Cotton Advisory Board in their meeting held in November 2019. The CAI has estimated exports for the season at 42 lakh bales, i.e. at the same level as estimated in the previous year. The carryover stock estimated at the end of the season is 38.50 lakh bales.