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."

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First Published:Jan 14, 2022 2:11 PM IST