Please Note : Due to Technical Issue NCDEX Settlement Price, Net & Percentage Change displaying on our website are wrong. Inconvenience Regretted
Login ID:
Password:
Partner Login
Contact Us : 7066511911

China Revises Up 2018/19 Cotton Output Estimate To 6.04 Million Tonnes

12 Feb 2019 10:18 am
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) -  China’s 2018/19 cotton output was seen at 6.04 million tonnes, up from a previous forecast of 5.94 million tonnes, the Ministry of Agriculture and Rural Affairs said in its monthly crop report released on Monday.

The ministry also raised its forecast of China’s 2018/19 cotton imports to 1.6 million tonnes from a previous forecast of 1.50 million tonnes, according to the monthly Chinese Agricultural Supply and Demand Estimates (CASDE).

Key numbers for corn and soybean were unchanged from last month’s forecast.

China’s demand for soymeal in 2018/19 was expected to fall as some farmers were reluctant to replenish their herds following a series of African swine fever outbreaks, and as consumption of alternative meals will increase after China removed tariffs on imports of these products from a number of countries, the report said.

(By Commoditiescontrol Bueau) 


       
  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated
0.0

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  
   

Top | Post Comment  

Latest Market Commentary
ICE Cotton Ends Firm Despite Modest Weekly US Export Sa...
Cotton Prices Mostly Steady In Central, South India Ami...
US Cotton Net Export Sales For Apr 12-18 Up 10% W/W At ...
India Daily Cotton Arrivals At 36,700 Bales On April 25...
Maharashtra (Vidharba) Cotton Spot Rates As On 25 Apr
more
Top 5 News
Sunoil: Black Sea Steady on Better Demand
ICE Cotton Ends Firm Despite Modest Weekly US Export Sa...
ICE Sugar Ends Down; Brushes Aside UNICA’s April H1 Ou...
CBOT Soybean Up on Technical Bounce
Chana Trades Mixed At Major Spot Markets
Top 5 Special Reports
Technical: Mumbai Matar Canada - Further Rally Above ...
Technical: Mumbai Toor Lemon –Pigeon Pea - Upside mom...
Technical: Chickpea (Chana) Indore
Technical: Pigeon Pea (Tur) Akola Bilty – Expect Ri...
Technical: Chickpea (Chana)- Indore- kabuli 42-44 count...
Copyright © CC Commodity Info Services LLP. All rights reserved.