347 lakh bales total cotton supply up to April 30, 2018 estimated by the Statistics Committee

Related Keywords: cotton corporation of India, cotton production, Cotton stock at the end of April 2018, cotton trade body, Ginners, Statistics Committee, Textile mills, total cotton supply

Ahmedabad
Summary: 
The country’s cotton consumption for the 7 months from October 2017 to April 2018 stood at 189 lakh bales with an average of 27 lakh bales per month. Exports are estimated at 61 lakh bales as on April-end.The Statistics Committee of CAI has projected total cotton supply up to April 30, 2018 at 347 lakh bales. This includes market arrivals of 311 lakh bales and imports estimated at 6 lakh bales, the CAI statement said.

The country’s cotton consumption for the 7 months from October 2017 to April 2018 stood at 189 lakh bales with an average of 27 lakh bales per month. Exports are estimated at 61 lakh bales as on April-end.The Statistics Committee of CAI has projected total cotton supply up to April 30, 2018 at 347 lakh bales. This includes market arrivals of 311 lakh bales and imports estimated at 6 lakh bales, the CAI statement said.

https://www.thehindubusinessline.com/economy/agri-business/cai-retains-cotton-crop-estimate-at-360-lakh-bales/article23813448.ece
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