What is 29mm cotton?
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.
When do 29mm cotton crops generally arrive?
29mm cotton crops are generally sown in June or July and harvested for delivery in October.
Why should businesses invest in cotton futures?
Cotton futures help textile companies control pricing and hedge against inflation as they purchase raw materials.