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India plans to launch its own cotton price Index

Related Keywords: benchmark rates, bring transparency in the price discovery mechanism, CAB, CAI, cotlook index, cotton price index, cotton production, curb speculations across various markets, domestic and international, four different sources, futures, ICF, India plans to launch, MCX, spot, tracks delivered price of American cotton in China, trading platforms

India, in its attempts to curb speculations across various markets and trading platforms, and bring about further transparency in the price discovery mechanism is planning to launch a cotton price index of its own for which it will be taking into account benchmark rates from four different sources.

Cotton prices depressed across major markets, yarn follow suit

Related Keywords: cotlook index, cotton prices, cotton prices in china, cotton prices in india, cotton prices in Pakistan, Cotton yarn prices, cotton yarn prices in china, cotton yarn prices in india, cotton yarn prices in pakistan

In early June, YnFx had predicted that cotton prices will remain subdued in June as global supply and demand volumes then pointed to sustained weakness while a number of factors were underpinning the recent improvement. As the month crossed its first half, cotton prices were depressed across major markets on ample supply amid poor demand.

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