The new season started with the purant of 31 to 32 lakh bales at Rs.

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- New crop expected to increase by 12 percent: Experts believe that if production per hectare increases, the production in the country can be recorded.

In the cotton market and the industry in the country, the equations have been seen to change rapidly recently. With the beginning of October, the new season of 2022-23 has started in the country. In the new season, the domestic production of wool is estimated to be more than the previous season. In the previous season, the market price saw record highs amid short supply and good demand in Rs. But now with the arrival of Shri Ganesh of the new season and the new crop being expected to be good, the market prices have been seen falling rapidly in a short period of time from the high record prices in the rupee market. According to the Cotton Association of India which has been representing the rupee market and the industry for ten decades In the new ru season, the ru crop is likely to be around 344 lakh bales. Sources said that the new rupee season that started in the country from October 2022 will end at the end of September 2023. Market experts are expecting the domestic rupee production to increase by around twelve percent in the new season of 2022-23 compared to 2021-22. The previous season yielded record high prices to farmers in Rs and there were indications that the interest of farmers to plant cotton for the new crop has increased. In such an environment, the area under cultivation for the new crop of cotton has increased. Apart from this, the production of cotton per hectare is also likely to go up, the new crop at home is currently estimated to be high.

According to the sources of the wool market, the domestic wool crop in the previous season of 2021-22 has been recorded as around 307 lakh bales. And now in the new season compared to this new crop of Rs 344 lakh bales is likely to come. In North India, the new crop of wool in the North Zone is estimated to be lower than the previous season, while the new crop of wool in other states besides the Central Zone and South Zone is estimated to be higher than the previous season. Thus, the short crop deficit of the North Zone, Central and South Zone and other states of the country. The informants are showing hope that the productive areas will finish and the overall crop will be good.

According to the informants of the rupee market, the new crop of rupees in the north zone of the country is likely to decrease slightly to around 50 lakh bales, which was 50 lakh 27 thousand bales last year. However, the new crop of rupee in the central zone is estimated to increase to 195.50 lakh bales this year as against 171.30 lakh bales last year. The new crop of rupees in the South Zone has increased from 80 lakh 40 thousand bales and it is expected to reach 92 lakh bales this year. In other rupee producing areas, the new crop of rupee is likely to increase from 5 lakh 8 thousand bales to 6 lakh 50 thousand bales. Meanwhile, in the new rupee season 2022-23 (October to September), the import of rupee in the country is about 12 lakh bales and the export of rupee is about 35 lakh bales. Market experts are also predicting domestic demand of rupee to be around 320 lakh bales in the new year. Looking at these figures, when the new season of 2022-23 ends at the end of September 2023, it is possible that the stock of rupees in the country will remain around 32 to 33 lakh bales.

Meanwhile, during the previous rupee season 2021-22, homeward import of rupee was around 14 lakh bales while export of rupee from the country was around 43 lakh bales against domestic domestic demand of rupee around 318 lakh bales. At the beginning of the new season of 2022-23, the previous season's stock of wool remained at around 31 to 32 lakh bales. Meanwhile, out of the total exports from the country in the year 2021-22 of around $400 billion, around 10 percent of the exports came from the cotton textile industry. However, while the per hectare production of cotton in the cotton producing countries like China, Brazil, Turkey is around 1800 to 1900 kg, in India, the per hectare production is only 450 to 500 kg. The calculations were being made by market informants.

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