The Cotton Association of India (CAI) released its first estimate of the cotton crop for the season 2011-12. CAI has placed the cotton crop for the season 2011-12 at 363.75 lakh bales. This year is likely to witness an area increase of 10 per cent over last year resulting in a record acreage of over 120 lakh hectares for cotton. The projected Balance Sheet drawn by the CAI for the year 2011-12 estimated the total cotton supply at 425.50 lakh bales while the domestic consumption is estimated at 268.00 lakh bales, thus leaving an available surplus of 157.50 lakh bales. A statement containing the State-wise estimates of Crop and Balance Sheet for the season 2011-12 and the corresponding data for the previous season 2010-11 is given below.
The cotton crop looks promising for the coming season. The monsoon has been by and large normal through out the cotton belt thereby pushing up the possibility of better yields.
Looking to the bumper crop ahead the Association has urged the Government of India to extend the OGL status for exports of cotton without any restrictions into the new season at the earliest in order to ensure continuity.
Dhiren N. Sheth
President
Mumbai,
8th September 2011
 |
| COTTON ASSOCIATION OF INDIA |
| INDIAN COTTON BALANCE SHEET FOR THE SEASON 2010-11and 2011-12 |
| Estimated as on August 2011 |
| (in lakh bales of 170 kg.) |
|
State |
Crop |
|
|
2010-11 |
2011-12 |
|
|
Punjab |
15.00 |
17.00 |
|
Haryana |
16.00 |
17.50 |
|
Upper Rajasthan |
6.00 |
10.25 |
|
Lower Rajasthan |
3.25 |
3.75 |
|
Total North Zone |
40.25 |
48.50 |
|
Gujarat |
105.00 |
113.00 |
|
Maharashtra |
82.00 |
85.00 |
|
Madhya Pradesh |
17.00 |
19.00 |
|
Total Central Zone |
204.00 |
217.00 |
|
Andhra Pradesh |
55.00 |
63.00 |
|
Karnataka |
12.00 |
14.00 |
|
Tamil Nadu |
5.00 |
5.00 |
|
Total South Zone |
72.00 |
82.00 |
|
Orissa |
2.00 |
2.25 |
|
Others |
2.00 |
2.00 |
|
Total |
320.25 |
351.75 |
|
Loose Cotton |
12.00 |
12.00 |
|
Grand Total |
332.25 |
363.75 |
|
| COTTON ASSOCIATION OF INDIA |
| INDIAN COTTON BALANCE SHEET FOR THE SEASON 2010-11and 2011-12 |
| Estimated as on August 2011 |
| (in lakh bales of 170 kg.) |
|
Details |
2010-11 |
2011-12 |
|
|
Supply |
Opening Stock |
40.50 |
56.75 |
|
Crop |
332.25 |
363.75 |
|
|
Imports |
5.00 |
5.00 |
|
|
Total Supply |
377.75 |
425.50 |
|
|
Demand |
Mill Consumption |
216.00 |
230.00 |
|
Consumption by SSI Units |
18.00 |
21.00 |
|
|
Non- Mill Consumption |
17.00 |
17.00 |
|
|
Total Demand |
251.00 |
268.00 |
|
|
Available Surplus |
126.75 |
157.50 |
|
|
Less: Exports |
70.00 |
|
|
|
Closing Stock |
56.75 |
|
|