Better crop prospects in the southern States including Andhra Pradesh, Karnataka and Tamil Nadu, has led the Cotton Advisory Board (CAB) increase the cotton production outlook to 340 lakh bales (lb) for this cotton year (October to September) against 330 lb estimated in January. However, as per CAB, production estimate for this year is lower than 355 lb achieved last year due to farmers’ preference to other crops in major cotton growing States.
To be more precise, production in the northern zone (Punjab, Haryana and Rajasthan) is estimated at 60 lb (62 lb) while in Central zone (Gujarat, Maharashtra and Madhya Pradesh) it will be lower at 179 lb (212 lb). However, in the southern region the output will be higher at 95 lb (76 lb). Total supply this year is estimated at 405 lb (413 lb). Mill consumption is pegged at 245 lb (223 lb), small scale units and non-mill demand at 22 lb (21 lb) and 20 lb (10 lb) respectively. However, exports are estimated to be lower at 81 lb (130 lb).
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