MCX to relaunch cotton futures on February 13

Suresh P. Iyengar Updated - February 13, 2023 at 09:39 AM.

Experts say that this move will improve the cotton market

Cotton futures trading, which was suspended by the Multi Commodity Exchange of India for the last five months, will resume from Monday.

The cotton futures was suspended to redesign it to align with domestic markets.

Cotton futures for delivery in April, June and August will be available for trading. Experts of the cotton market estimate that after the reintroduction of cotton futures, the cotton market can also get support.

The exchange has changed the terms and conditions of cotton futures contract, said MCX in a circular issued for announcing the launch of cotton futures.

Published on February 13, 2023 04:05

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