Source: www.cnbctv18.com

Cotton prices gained nearly 40 percent in 2021. However as cotton prices remain firm and farmers cheer the upmove, a section of cotton traders are asking for cotton futures to be suspended.

By Manisha Gupta

Jan 14, 2022,

Cotton prices gained nearly 40 percent in 2021. However as cotton prices remain firm and farmers cheer the upmove, a section of cotton traders are asking for cotton futures to be suspended.

In an interview to CNBC-TV18, Rishi Nathany, Head of Business Development & Marketing at MCX said, "The exchange is a neutral platform where we allow for proper price discovery and price risk management. There is nothing amiss in the market and they are functioning in a smooth and proper manner. So any demand for banning of any contracts doesn't hold much water."

Watch video for more…. https://youtu.be/r2iIE1I69B4      (Source: www.cnbctv18.com)