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CAI estimates 367 lakh bale of Cotton output in 2017-18
Commodity Online | February 12 2018
UPDATED 12:00:06 IST

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According to the estimation of Cotton Association of India (CAI), Cotton output for the 2017-18 season is expected to be 367 lakh bales, of 170 kg each.

The estimate is higher than last year (2016-17) production, which was 337.25 bales.

The Cotton crop estimate for the ongoing season is lower by eight lakh bales due to severe infestation of the Cotton crop by pink bollworm, CAI said.

To tackle this, farmers in several areas in Maharashtra and Telangana have uprooted their cotton crop without waiting for further pickings as advised by scientists.

Domestic consumption is estimated to be 320 lakh bales while exports for the season is likely to be 55 lakh bales.

The carry over stock at the end of this season on September 30, is estimated to be 42 lakh bales.

Commodity Arrivals Rate
Mustard Oil NR 9500.00
Coconut Oil 1 20000.00
Arecanut NR 18250.00
Sugar NR 3900.00