Cotton Association of India (CAI) has released its latest estimate of 2017-18 crop year beginning from October 1, 2018-18. In this latest estimate, the CAI has estimated cotton crop for the ongoing 2017-118 season at 360 lakh bales of 170 kg each, which is lower by 2 lakh bales – one lakh bales each in the state of Maharashtra and Karnataka than its previous estimate of 362 lakh bales made in the month of March 2018.