Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 148]
Warning (2): Cannot modify header information - headers already sent by (output started at /home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php:853) [CORE/src/Http/ResponseEmitter.php, line 181]
LATEST NEWS UPDATES | Cotton Association of India asks MCX to prevent speculation in Cotton Futures

Cotton Association of India asks MCX to prevent speculation in Cotton Futures

Share this article Share this article
published Published on May 14, 2022   modified Modified on May 16, 2022

-The Hindu Business Line

CAI asks officials to take "immediate steps to avoid distortions in cotton prices."

Cotton trade body Cotton Association of India (CAI) has raised concerns about alleged speculative trades taking place on the Multi-Commodity Exchange (MCX) platform. Citing a sharply lower open interest (OI) in MCX Cotton Futures for the May 2022 contract, CAI has flagged serious distortions in cotton prices causing speculative movements and asked the Exchange to take measures to prevent it.

In a letter to MCX, the CAI stated that it had noticed that the May month cotton futures OI came down to below 3,500 lots as on May 13, which is equivalent to 87,500 cotton bales (each of 170 kg). 

Please click here to read more. 


The Hindu Business Line, 14 May, 2022, https://www.thehindubusinessline.com/economy/agri-business/cotton-association-of-india-asks-mcx-to-prevent-speculation-in-cotton-futures/article65413302.ece?utm_content=FB&utm_term=SOF&fbclid=IwAR0IsEXTXllRAKOrOwUumh


Related Articles

 

Write Comments

Your email address will not be published. Required fields are marked *

*

Video Archives

Archives

share on Facebook
Twitter
RSS
Feedback
Read Later

Contact Form

Please enter security code
      Close