Live Spot Prices
Crude Palm Oil ( MCX ) 599.9 | Zinc ( MCX ) 166.95 | Crude Oil ( MCX ) 4563 | Cotton ( MCX ) 23130 | Jeera ( NCDEX ) 19080 | Barley ( NCDEX ) 1630 | Mustard Seed ( NCDEX ) 4129
 
CAI estimates 367 lakh bale of Cotton output in 2017-18
Commodity Online | February 12 2018
UPDATED 12:00:06 IST

Govt to introduce new life into old Cashew plantations to increase yield

Rupee depreciation may boost agri exports

FIMI appoints Sunil Duggal as President

Rubber futures to trade on Multi Commodity Exchange

India's Vegetable Oils import down 27% in July

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 9630.00
Arecanut 52.5 4500.00
Sugar NR 3500.00
Gur NR 3350.00

More

×