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CAI estimates cotton output at 391 lakh bales in 2014-15
29
Apr '15
India is staring at falling cotton output this year. The Cotton Association of India (CAI) has said the March estimate of the crop stood at 391 lakh bales for the 2014-15 season (beginning from October 1, 2014), lower than last year, due to untimely rain in the central region, according to media reports.

The total cotton crop stood at 407.25 lakh bales (one bale is of 170 kg) during 2013-14, according to CAI data.

The main reason for reduction in the crop estimate by five lakh bales compared with the estimates released last month is untimely rain in the central zone.

Total crop in the central region in March is estimated at 214.25 lakh bales compared to 235.75 lakh bales last year.

The central zone includes Gujarat, Maharashtra and Madhya Pradesh. (SH)

Fibre2fashion News Desk - India

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