Cotton 29mm (MCX) (MCOT) Futures

₹59000.00
100.00[0.17%]
as of 2024-02-14
Q

What is 29mm cotton?

A

29mm cotton is grown primarily in Gujarat, Maharashtra, Andhra Pradesh, Madhya Pradesh and Karnataka, India and is used to extract oil and to create cattle feed cakes.

Q

When do 29mm cotton crops generally arrive?

A

29mm cotton crops are generally sown in June or July and harvested for delivery in October.

Q

Why should businesses invest in cotton futures?

A

Cotton futures help textile companies control pricing and hedge against inflation as they purchase raw materials.

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