India coffee exports during Jan 1- May 31.

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.

NCDEX cotton oilcake ends down 2% on subdued demand.

Futures contracts of cottonseed oilcake on NCDEX ended 2% lower as cheaper alternatives for cattle feed have hit demand for the commodity. The most active June contract of cottonseed oilcake on NCDEX was at 1,755 rupees per 100 kg, down 2% from previous close. Futures also declined due to weakness in spot prices. In Akola, cottonseed oilcake sold for 1,800 rupees per 100 kg, down 50 rupees from previous close.

MCX cotton up on global cues, low spot market arrivals.

Futures contracts of cotton rose on MCX tracking a rise in cotton futures on ICE, and because of lower arrivals in spot markets. On MCX, the June cotton contract was at 21,090 rupees per bale (1bale=170kg), up 0.4% from the previous close, while the most-active July contract on ICE was at 77.18 cents per pound, up 0.2%. Arrivals of cotton at major spot markets across the country were at 39,300 bales (1bale=170kg), down from 39,600 bales on previous close.