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Current Cotton Scenario of INDIA |
| |
| World Demand & Supply Situation |
| Quantity in million Metric tons |
| Year Beginning August 1 |
02-03 |
03-04 |
04-05 |
05-06 |
06-07 |
07-08 |
| World Beginning stock |
11.97 |
9.29 |
8.83 |
11.86 |
12.48 |
12.66 |
| World Cotton Production |
19.31 |
21.13 |
27.07 |
25.53 |
26.74 |
26.04 |
| World Cotton Consumption |
21.53 |
21.66 |
23.69 |
24.97 |
26.64 |
27.14 |
| World Cotton Exports |
6.67 |
7.24 |
7.76 |
9.73 |
8.11 |
8.51 |
| World Ending stocks |
10.06 |
8.83 |
11.86 |
12.52 |
12.66 |
11.56 |
| As per latest ICAC release dated 03rd March 2008 |
|
Monthly average Cotlook A Index (FE) from 2004-05 onwards |
|
2004-05 |
2005-06 |
2006-07 |
2007-08 |
|
FE Index |
FE Index |
FE Index |
FE Index |
|
In US Cents per lb |
|
August |
51.91 |
53.23 |
59.88 |
66.62 |
September |
55.03 |
53.94 |
58.82 |
68.12 |
October |
50.89 |
57.74 |
57.03 |
68.93 |
November |
47.71 |
55.87 |
57.39 |
69.68 |
December |
47.51 |
56.09 |
59.43 |
69.52 |
January |
50.23 |
58.36 |
59.06 |
73.21 |
February |
48.69 |
59.66 |
57.86 |
75.05 |
March |
55.34 |
57.59 |
58.42 |
80.18 |
April |
55.99 |
56.23 |
57.13 |
|
May |
54.9 |
54.35 |
55.57 |
|
June |
52.66 |
55.14 |
60.61 |
|
July |
53.17 |
55.42 |
67.84 |
|
| Current International Prices |
| Details of New York Futures as also Cotlook A and B Index are reported as under: |
| In US Cents per Lb |
| NEW YORK FUTURES |
|
COTLOOK A INDEX (FE) |
| |
18/04/2008 |
18/04/2007 |
|
18/04/2008 |
18/04/2007 |
| Settle |
Change |
Settle |
Change |
| May |
70.88 |
-87 |
50.16 |
INDEX A (FE) |
75.70 |
-1.05 |
56.90 |
| Jly |
74.60 |
-68 |
52.24 |
|
| Oct |
79.51 |
-58 |
55.20 |
| Cotton Production and Balance sheet |
| The Cotton Advisory Board, in its meeting held on 11th January 2008 has placed cotton production during 2007-08 cotton season at 310 lakh bales of 170 kgs each, as per State-wise details given below: |
| Area in lakh hectare/Production in lakh bales/Yield kgs per hectare |
| |
2007-08* |
2006-07 |
| State |
Area |
Production |
Yield |
Area |
Production |
Yield |
| Punjab |
6.48 |
24 |
630 |
6.07 |
26 |
728 |
| Haryana |
4.78 |
16 |
569 |
5.3 |
16 |
513 |
| Rajasthan |
3.68 |
9 |
416 |
3.5 |
8 |
389 |
| North Total |
14.94 |
49 |
558 |
14.87 |
50 |
572 |
| Gujarat |
25.16 |
110 |
743 |
23.9 |
101 |
718 |
| Maharashtra |
31.91 |
60 |
320 |
30.7 |
52 |
288 |
| Madhya Pradesh |
6.62 |
21 |
539 |
6.39 |
18 |
479 |
| Andhra Pradesh |
10.96 |
43 |
667 |
9.72 |
35 |
612 |
| Karnataka |
3.71 |
8 |
367 |
3.75 |
6 |
272 |
| Tamil Nadu |
1.23 |
5 |
691 |
1.22 |
5 |
697 |
| Others |
0.77 |
2 |
442 |
0.87 |
1 |
195 |
| Total |
|
298 |
|
|
268 |
|
| Loose Lint |
|
12 |
|
|
12 |
|
| Grand Total |
95.3 |
310 |
553 |
91.42 |
280 |
521 |
| *as per CAB dated 11th January 2008 |
| Cotton Balance sheet |
| The Cotton Balance Sheet for 2007-08 vis-a-vis 2006-07 as drawn by Cotton Advisory Board vide its meeting dt.11-01-2008 as under: |
| Quantity in lakh bales of 170 kgs each |
| Item |
2007-08 |
2006-07 |
| SUPPLY |
| Opening stock |
47.5 |
52 |
| Crop size |
310 |
280 |
| Imports |
6.5 |
5.53 |
| TOTAL AVAILABILITY |
364 |
337.53 |
| DEMAND |
| Mill Consumption |
207 |
194.89 |
| Small-Mill consumption |
23 |
21.26 |
| Non-Mill Consumption |
15 |
15.88 |
| TOTAL CONSUMPTION |
245 |
232.03 |
| Exports |
65 |
58 |
| TOTAL DISAPPEARANCE |
310 |
290.03 |
| CARRY FORWARD |
54 |
47.5 |
| Latest Raw Cotton Arrivals |
| Position as on 26th (April 2008) |
| The per day arrivals are reported around 50,000 bales. |
| States |
2007-08 |
2006-07 |
| Quantity in lakh bales of 170 kgs |
| Punjab |
21.30 |
23.75 |
| Haryana |
14.90 |
14.25 |
| Rajasthan |
8.90 |
8.00 |
| North Total |
45.10 |
46.00 |
| Gujarat |
104.00 |
85.50 |
| Maharashtra |
59.00 |
47.55 |
| Madhya Pradesh |
19.50 |
16.80 |
| Central Total |
182.50 |
152.25 |
| Andhra Pradesh |
42.50 |
31.95 |
| Karnataka |
6.80 |
5.25 |
| Tamil Nadu |
2.75 |
2.75 |
| South Total |
52.00 |
39.95 |
| Others |
1.85 |
1.00 |
| Total |
281.50 |
239.20 |
| Plus Loose lint |
11.50 |
11.25 |
| Grand Total |
293.00 |
250.45 |
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