Cotton Plantings

Higher imports by world's second-largest producer of the fibre could support global prices, which fell to their lowest in more than 4 years after top consumer China levied duties on imports from US

India's cotton exports are likely to decline 36.53 per cent in the 2024-25 season, beginning from October 1, to 18 lakh bales due to lower production following shrinking acreage of the crop in the north and Gujarat, Cotton Association of India (CAI) said on Wednesday. The total exports during the 2023-24 season stood at 28.36 lakh bales, according to CAI data. "The decline in cotton exports is mainly due to a decline in production following lower acreage this year. The acreage for cotton crop has shrunk 35 per cent in the north cotton growing region (Punjab, Haryana, and Rajasthan) and by 15 per cent in Gujarat. This is going to keep the cotton prices steady compared to the global markets," CAI President Atul Ganatra told PTI. The total cotton pressing 2023-24 season is estimated at 302.25 lakh bales compared to 327.45 lakh bales in the previous season. Meanwhile, the total cotton supply till end of November 2024 is estimated at 108.41 lakh bales, comprising the pressing figures of

Cotton Association of India (CAI) on Thursday continued to reduce its cotton crop estimate for the 2022-23 season, beginning from October 1, 2022, to 298.35 lakh bales as production is expected to decline in Maharashtra, Telangana, Tamil Nadu and Odisha. The cotton crop is expected to reduce in Maharashtra and Telangana by 2 lakh bales each, in Tamil Nadu by 0.50 lakh bales and Odisha by 0.15 lakh bales, CAI said in a statement. Overall cotton production during the previous season is estimated at 307.05 lakh bales, the statement added. The total cotton supply for October 2022 to April 2023 is estimated at 263.06 lakh bales, which consists of the arrivals of 224.17 lakh bales, imports of 7 lakh bales and the opening stock at 31.89 lakh bales at the beginning of the season. Further, the CAI has estimated cotton consumption from October 2022 to April 2023 at 179 lakh bales while the export shipments up to April 30, are estimated at 12 lakh bales. Stock at the end of April 2023 is ...

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