# MCX launches cottonseed wash oil futures contract - The HinduBusinessLine

> MCX, India's largest commodity exchange, launched cash-settled Cottonseed Wash Oil futures with 5-tonne contracts quoted per 10 kg ex-tank Kadi, Gujarat. The margin requirement is about 12 percent.

- Date: 2024-10-15 · published 2024-10-15T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/27974-mcx-launches-cottonseed-wash-oil-futures-contract-the-hindubusinessline
- Commodities: [Cottonseed Meal](https://feedsoft.ai/c/CSM.md)

## Why it matters

The new contract gives crushers a hedging tool for cottonseed oil, which may improve price discovery but does not by itself move cottonseed meal supply or prices.

## Sources

- thehindubusinessline.com: https://www.thehindubusinessline.com/markets/commodities/mcx-launches-cottonseed-wash-oil-futures-contract/article68756492.ece

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.