Cotton Association of India (CAI) estimates 2021-22 Season 'Cotton Production' to 360.13 lakh bales

1st November 2021, Mumbai:

The Cotton Association of India (CAI) last Saturday shared its estimation on the cotton output to be around 360.13 lakh bales for the said crop year (October-September) 2021-22, thankfully on the back of the expectation of improved yield.

As a quick comparison to the corresponding period, "The total cotton production in the Yester season is estimated at 353 lakh bales, which was lower by 7.13 lakh bales to the current estimated yield, the CAI reported.

"The heartwarming news is that cotton yield is estimated to be robust and the growers are anticipated to go in for the third and fourth pickings due to adequately good availability of water on the back of a satisfactory monsoon season this year," CAI president Atul Ganatra alluded to PTI.

Let us make no mistake that," The estimate comes at a juncture when the cotton prices are hovering at the exponential price levels of ₹64,500 per candy (for 29mm ginned variety) whilst for ₹8,800 for a quintal of raw cotton respectively to reflect the existing state of affairs.

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