The Coffee Board of India has finalised its crop estimate for 2015-16 at a record-high of 348,000 tonne, up from 327,000 tonne produced a year ago, but down from previous estimate of 350,000 tonne. The board has estimated the output for 2016-17 at 316,700 MT tonne, down 9% on year.
All-India cotton arrivals up at 31,600 bales.
About 31,600 bales (1bale=170kg) of cotton arrived in major spot markets across the country on Tuesday, up marginally from 31,000 bales on previous close.