Related Keywords: constitutes more than four percent, cope up with the persistent volatility, cotton prices, country’s yarn production capacity, MCX, on Multi Commodity Exchange of India Ltd., Punjab based major integrated textile producer in India, started hedging, to maintain its margins, Vardhman Textiles Ltd, VTL
Vardhman Textiles Ltd (VTL) a Punjab based major integrated textile producer in India to cope up with the persistent volatility in cotton prices has started hedging on Multi Commodity Exchange of India Ltd. (MCX).
It is of vital importance for VTL to hedge cotton prices, as it constitutes more than 4 percent of the country’s yarn production capacity. They believe that hedging the cotton prices will help VTL to maintain its margins.
