Related Keywords: Cotton Association of India, cotton corporation of India, Cotton Yield, Gujarat state cotton, India cotton output, MSP, MSP operation, procurment, total cotton crop
India’s cotton yield has recorded a drop in output at 40.2 million bales (170 kgs each in 1 bale) in November during 2014-15, while during the same period last year, total cotton crop stood at 40.7 million bales according the Cotton Association of India (CAI).
The projected balance sheet drawn for the year 2014-15 estimates total cotton supply at 47.39 million bales while domestic consumption is estimated at 30.60 million bales thus leaving an available surplus of 16.79 million bales, said CAI.
