India’s cotton production for the new season 2021-22 is expected to be 360.13 bales (170 kg each), a marginal increase of 2 percent over the 353 bales estimated for the season ending September 30, 2021. As cotton prices have reached record levels of £64,500 per candy (for a 29mm assortment of candies) and $8,800 per quintal of raw cotton.

The Cotton Trade Authority of India (CAI) on Saturday released the preliminary preliminary estimates of the cotton crop for the new season which began on October 1, 2021, after the meeting of the Crop Committee on Friday.

Based on the available data from various commercial sources, country associations and other stakeholders, the committee estimated the consumption of cotton at about 335,000 bales for the new season, as was the case last year. Also, imports are estimated to be at the same levels as last year (10 lakh bales).

However, cotton exports, which set a record in 2020-2021 by about 78 lakh bales, are expected to decline by 38 percent to 48 lakh bales. This drop is likely due to the record high prices for fibre.

The cotton season (October 1, 2021 to September 30, 2022) will end with a surplus stock of about 62.13 bales, which is 17 percent lower than the closing stock of 75 bales estimated for last year.

The commercial authority said in a statement that the crop committee at Cairo International Airport will re-evaluate the crop as the season progresses.

Gujarat production increases

Cotton production in Gujarat’s largest farm is expected to reach 96.99 thousand bales, an increase of 6 per cent over the 91,500 bales estimated last year. Cotton production in Maharashtra and Telangana is expected to be 86.46 lakh and 45.91 bales respectively, an increase from 81 bales and 44 bales respectively last year.

A sharp decline in cotton production is expected in Haryana and Rajasthan at 16.60 bales and 26.67 lakhs respectively, which is 26 percent and 18 percent lower respectively compared to last year. Production in Punjab is expected to be stable at around 10 lakh bales. For the northern region, the cotton harvest is expected to decline by 18.5 percent to 53.34 lakh bales against 65.5 lakh bales.

In the southern region, cotton production is expected to be around 95.76 lakh bales, compared to 91.5 lakh bales estimated for last year. Except for Andhra Pradesh, all the cotton growing states of South India including Karnataka, Tamil Nadu and Telangana will have higher cotton yield. It is estimated that Andhra Pradesh has seen a 10 per cent decline in cotton yield at 14.3 lakh as against 16 bales last year.

In the central region, along with Gujarat and Maharashtra, cotton production in Madhya Pradesh is also expected to increase by about 10 per cent from last year to 20.5 bales from 18.5 lakh bales.

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