Cotton Association of India (CAI) has released its December estimate of the cotton crop for the season 2021-22 beginning from October 01, 2021. The CAI has reduced its cotton crop estimate for the 2021-22 season by 12.00 lakh bales to 348.13 lakh bales of 170 kgs. each (i.e. 369.89 lakh running bales of 160 kgs. each) from its previous estimate of 360.13 lakh bales of 170 kgs. each (equivalent to 382.64 lakh running bales of 160 kgs. each).
The total cotton supply for the months of October 2021 to December 2021 is estimated by the CAI at 218.52 lakh bales of 170 kgs. each (equivalent to 232.18 lakh running bales of 160 kgs. each), which consists of the arrivals of 140.52 lakh bales of 170 kgs. each (equivalent to 149.30 lakh running bales of 160 kgs. each), imports of 3 lakh bales of 170 kgs. each (equivalent to 3.19 lakh running bales of 160 kg. each) and the opening stock estimated by the CAI at 75 lakh bales of 170 kgs .each (equivalent to 79.69 lakh running bales of 160 kgs. each) at the beginning of the season.
Further, the CAI has estimated cotton consumption for the months of October 2021 to December 2021 at 86.25 lakh bales of 170 kgs. each (equivalent to 91.64 lakh running bales of 160 kgs. each) while the export shipments upto 31st December 2021 are estimated by the CAI at 18.50 lakh bales of 170 kgs. each (equivalent to 19.66 lakh running bales of 160 kgs. each). The CAI Crop Committee has estimated the total cotton supply till end of the cotton season 2021-22 i.e. upto September 30, 2022 at 438.13 lakh bales of 170 kgs. each (equivalent to 465.51 lakh running bales of 160 kgs. each).
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