Owing to pink bollworm attack on cotton crops in Maharashtra, Telangana and Andhra Pradesh, the Cotton Advisory Board (CAB) has lowered its cotton output estimate of 377 lakh bales to 370 lakh bales for 2017-18. But, this estimated cotton output of 370 lakh bales for 2017-18 is higher by around 7% from the previous year’s output of 345 lakh bales.
The board had estimated cotton production to be 345 lakh bales and exports at 59 lakh bales for the season when it had met in December. Production estimates were lower in the beginning of the season as the board expected damage to the crop from bollworm attack.
Besides, the Cotton Association of India (CAI), in its recent report, has estimated cotton crop for the ongoing 2017-18 season beginning from October 1, 2017, at 365 lakh bales (of 170 kg each), which is higher by 5 lakh bales from its previous estimate in May.
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: