MCX has revised the contract specification of its cotton in terms of trading and delivery unit. With effective from January 2020 contract, the trading and delivery unit of cotton will be 25 bales. Presently, trading unit is 25 bales and delivery unit is 100 bales. This contract is available for trading with effective from today. This change was done to align the trading and delivery unit as directed by SEBI. Trading will be allowed only upto 5:00 p.m. on the date of expiry of the contract. The staggered delivery tender period would be the last 5 trading days (including expiry day) of the contracts.