The Mumbai-based Cotton Association of India (CAI) is against Cotton Corporation of India stockpiling 7 to 8 million bales (170 kg each) by procuring during peak arrival season to sell to user mills during May to September time-frame. According to CAI, this scenario will need huge investment by the public sector Cotton Corporation of India and also it will incur losses due to price fluctuations. CAI in citing the China reserve policy, India should learn from China and should not venture into the reserve situation for cotton surplus country like India.
Browsing: CAI
Indian cotton crop for the next season beginning in October will remain at the same level as the current year. Mumbai-based Cotton Association of India (CAI) released the first estimate for the next year’s cotton crop beginning on October 1.
The Cotton Association of India (CAI) has released its December estimate of the cotton crop for the 2015-16 season, which began on 1st October 2015. The CAI has placed its December estimate of the cotton crop for the 2015-16 season at 357.00 lakh bales of 170 kg each.
The cotton sector in India has been making a steady progress.
The projection for world production in 2015/16 is 111.3 million bales, which represents an 8 million bale decrease (-6.7%) relative to the 119.3 million bales harvested in 2014/15. The forecast for world mill-use in 2015/16 is 115.3 million bales
Cotton was the first fibre for mankind. Its history is replete with controversies.
Samuel Joseph attempts to delve into some of the recent contentious issues that have blurred the white gold´s image.
Cotton was the first fibre for mankind. Its history is replete with controversies.
Samuel Joseph attempts to delve into some of the recent contentious issues that have blurred the white gold´s image.