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ALUMINI  1 KGS MUMBAI 145.60  ALUMINIUM  1 KGS MUMBAI 145.60  CARDAMOM  1 KGS VANDANMEDU 1,365.60  CHANA  100 KGS DELHI 4,225.00  COPPER  1 KGS MUMBAI 424.00  COPPERM  1 KGS MUMBAI 424.00  COTTON  1 BALES RAJKOT 22,790.00  CPO  10 KGS KANDLA 597.30  CRUDEOIL  1 BBL MUMBAI 4,999.00  CRUDEOILM  1 BBL MUMBAI 4,999.00  GOLD  10 GRMS AHMEDABAD 30,737.00  GOLDGUINEA  8 GRMS AHMEDABAD 24,688.00  GUARGUM  100 KGS JODHPUR 9,581.00  GUARSEED  100 KGS JODHPUR 4,208.00  JUTE  100 KGS KOLKATA 4,310.50  LEAD  1 KGS MUMBAI 148.05  LEADMINI  1 KGS MUMBAI 148.05  MENTHAOIL  1 KGS CHANDAUSI 1,833.50  NATURALGAS  1 mmBtu HAZIRA 204.20  NICKEL  1 KGS MUMBAI 891.40  NICKELM  1 KGS MUMBAI 891.40  REFSOYOIL  10 KGS INDORE 774.90  SALMONDDEL  1 KGS DELHI 611.50  SBPPRKCH  100 KGS KOCHI 40,500.00  SBRASPHJAM  1 KGS JAMNAGAR 361.00  SCSTRSDDIS  100 KGS DEESA 4,650.00  SILVER  1 KGS AHMEDABAD 36,914.00  SILVERMIC  1 KGS AHMEDABAD 36,914.00  SRBBRKCH  KGS   12,900.00  SRBDKND  10 KGS KANDLA 660.30  SUGARMDEL  100 KGS DELHI 3,500.00  SUGARMKOL  100 KGS KOLHAPUR 3,288.00  SUGARSKLP  100 KGS KOLHAPUR 3,190.00  TIN  1 KGS MUMBAI 1,377.00  WHEAT  100 KGS DELHI 2,033.30  ZINC  1 KGS MUMBAI 169.85  ZINCMINI  1 KGS MUMBAI 169.85  
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Commodities Buzz: USDA Reduces China's Corn and Wheat Production For MY 2018/19
(08:50, 12 Jul 2018)

As per latest United States Department of Agriculture (USDA), China's MY2018/19 corn production is forecast at 222 million tons, down 1.3 percent from USDA's June estimate due to unseasonably cool spring weather and drought-related declines in harvested area and yield potential. MY2018/19 corn consumption is forecast at 248 million tons, down 1 million tons from USDA's June estimate as lower feed use is partly offset by expanding FSI use. MY2018/19 corn imports are forecast at 5 million tons, unchanged from USDA's June estimate, up 1.5 million tons from USDA March Annual, as government inventories contract.

MY2018/19 wheat production is forecast at 126 million tons, down by 3 million tons from USDA's June estimate on policy and weather driven declines in area and yield. Wheat stocks are estimated at 134 million tons, 4.5 million tons lower than USDA's June estimate, and up 7.3 million tons from MY2017/18 as large carry-in volumes outpace government efforts to drawdown stocks. MY2018/19 rough rice production is forecast at 204.3 million tons, up 1.14 million tons from USDA's June forecast on higher yield. MY2018/19 sorghum production is forecast at 3.45 million tons, unchanged from USDA's June estimate on expanded planted area due to weather and policies.

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