Indian Cotton Acreage Expected to Decline Next Season

By Jim.Robinson|October 3, 2012

Speaking at the 53^rd general meeting of The Southern India Mill’s Association (SIMA), Mr. Dinakaran who was re-elected for the second time as the Chairman, presented Indian cotton scenario, price situation and spinning capacity details.

According to Chairman Dinakaran the acreage for the current season ending this month is 30.09 million acres, which is 8% higher than last season. SIMA chairman reported that this situation will change next year with the lowering of cotton acreage. At the same time, cotton consumption in India is expected to marginally increase.

The spinning capacity for 2011-12 is on the increasing trend with the total capacity of 48.25 million spindles and 771,000 rotors. This is of 1.5 % and 5.3 % increase in the spindle and rotor capacities compared to 2010-11.

India’s Cotton Advisory Board estimated this season’s production to be 35.3 million bales (170 kgs each) and the mill consumption this year to be 23.9 million bales (170 kgs each).

In his statement, Chairman Dinakaran did not exactly estimate the percentage decline in the cotton acreage for the next season (2012-13).