The Cotton Association of India (CAI) has estimated the fibre's produce at 307 lakh bales this fiscal, while its total supply, including the stocks held and imports, is projected at 386.50 lakh bales.
The domestic consumption is estimated at 245 lakh bales during the year, leaving a surplus of 141.50 lakh bales, CAI President Dhiren N Sheth said in a statement here.
The CAI has estimated cotton exports during 2009-10 season at 70 lakh bales.
The Association said as per estimates 41 lakh bales of the fibre would come from the north zone, which includes 15.50 lakh bales each from Punjab and Haryana, 7 lakh bales from upper Rajasthan and 3 lakh bales from lower Rajasthan.
The crop estimate from central zone was pegged at 187 lakh bales, which includes 98 lakh bales from Gujarat, 71 lakh bales from Maharashtra and 18 lakh bales from Madhya Pradesh.
About 65.50 lakh bales of cotton are estimated to come from the south zone, which includes 51 lakh from Andhra Pradesh, 10 lakh bales from Karnataka and 4.50 lakh bales from Tamil Nadu.
Inspite of late rains, cotton arrivals this year are higher than they were in the same period last year. Cotton prices have also remained firm in view of yarn prices remaining strong, Sheth said.
