Loading…
The Cotton Association of India reposted the report that MCX launched Cottonseed Wash Oil futures with 5-tonne contracts and a 12 percent margin. The contract is cash-settled and aimed at crushers, refiners and traders.
The new hedging instrument affects risk management for Indian cottonseed oil processors but does not itself change supply or prices for feed buyers.
in-cai.inOct 16, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
