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CAI has estimated cotton crop at 313 lakh bales for the 2022-23 season
Published on: Mar 16 2023, 05:02
As per the Cotton Association of India latest estimate of the cotton crop for 2022-23 season. The CAI has reduced its cotton crop estimate by 8.50 lakh bales for the 2022-23 season to 313 lakh bales from 321.50 lakh bales.
Cotton imports were maintained at 12 lakh bales and exports at 30 lakh bales. Domestic consumption was estimated at 300 lakh bales. Overall, the ending stock for the 2022-23 season was estimated at 26.89 lakh bales. As per Cotton Association of India, Cotton arrivals between October 2022 to February 2023 were estimated at 154.84 lakh bales.
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