Home / Knowledge / News / Textiles / CAI keeps 2014-15 cotton production estimate unchanged
CAI keeps 2014-15 cotton production estimate unchanged
31
Jul '15
Cotton production estimate has been kept unchanged at 382.75 lakh bales for the 2014-15 marketing year ending September, according to the Cotton Association of India (CAI).

The industry body has retained the estimate of the crop at 38.27 million bales in 2014-15 marketing year (October-September). Production stood at 40 million bales (of 170 kg each) during 2013-14, according to CAI data. The association said the Cotton Corporation of India (CCI) has procured about 8.7 million bales to provide price support to the farmers, but has not been able to sell the stocks.

The slow pace at which the CCI is disposing the commodity, means a sizable quantity is likely to remain unsold at the end of the season, CAI said.

It warned that the CCI's inability to sell the cotton could set in motion another round of major support price operation at the beginning of the next cotton season.

The CAI highlighted China's case which is holding stock equivalent to its consumption of about two years and is finding it difficult to liquidating it, and urged the CCI not to fall into a similar quagmire.

The projected balance sheet drawn by the CAI for 2014-15 estimates total cotton supply at 453.65 lakh bales, while domestic consumption is estimated at 31.5 million bales. (SH)

Fibre2Fashion News Desk – India


Must ReadView All

Garment sector can create maximum jobs: Myanmar minister

Apparel/Garments | On 17th Feb 2019

Garment sector can create maximum jobs: Myanmar minister

The garment industry can create the maximum job opportunities in...

Courtesy: Techtextil Messe Frankfurt

Textiles | On 17th Feb 2019

Messe Frankfurt urges Bangladesh to participate in expos

Messe Frankfurt representatives recently urged Bangladesh’s textile...

Courtesy: Rune

Apparel/Garments | On 17th Feb 2019

12 ReTech taking over Rune

12 ReTech Corporation is in the process of taking over New York-based ...

Interviews View All

C. Dhandayuthapani, Mag Solvics Pvt. Ltd

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Amrit Sethia, SOIE

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Divyesh Mashruwala, Akshar Industries

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Ravindra Jain, Ashish Baid,

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Paolo Crespi,

Paolo Crespi

For.Tex is an Italy-based leading producer of dyes and thickeners, and is...

Daniel Kaye, RocketLife

Daniel Kaye
RocketLife

<div>RocketLife, an award-winning developer of breakthrough visual...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Ayyappa Nagubandi, Broadcast Wearables Pvt Ltd

Ayyappa Nagubandi
Broadcast Wearables Pvt Ltd

Hyderabad-based Broadcast Wearables has come up with the country's first...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant &amp; Nandita are known for being inspired by...

Aditi Somani, Aditi Somani

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Samar Firdos, Arvind Ltd

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

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

Leave your Comments


February 2019

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

news category


Related Categories:

Advanced Search