What Futures Exchange trades cotton?

What Futures Exchange trades cotton?

Cotton futures are standardized, exchange-traded contracts in which the contract buyer agrees to take delivery, from the seller, a specific quantity of cotton (eg. 50000 pounds) at a predetermined price on a future delivery date.

What is a cotton contract?

Contract calls for physical delivery of cotton of certain minimum standards of basis grade and staple length.

What does ICE cotton mean?

Intercontinental Exchange® (ICE®) became the center of global trading in “soft” commodities with its acquisition of the New York Board of Trade (NYBOT) in 2007. Because cotton is at the center of the global textiles industry, it is a preferred contract among commodity trading advisors and hedge funds.

What is cotton No 2?

The ICE U.S. Cotton No. 2 contract is the benchmark contract for the global cotton trading community. 2 futures and options trade both by open outcry and by electronic trading on the ICE platform.

What is the rate of cotton today?

Cotton Price Live

Last Price Change Low
3095 7.00 3085
3103 18.00 3080

What is cotton worth today?

The current price of cotton as of August 27, 2021 is $0.9627 per pound.

How does cotton trading work?

Cotton is traded in 50,000-pound contracts. 10 It is also traded in cents per pound, so if the market is trading at 53 cents per pound, the contract will have a value of $26,500 ($0.53 x 50,000 pounds = $26,500). 10 Therefore any 2 cent move in cotton will equate to either a gain or a loss of $1,000.

What is the price of cotton today?


Name Price %
Cotton 0.95 -0.28
Oats 5.21 0.39
Lumber 483.50 -0.35
Coffee 1.97 3.80

How much is cotton per kg?

RAW WHITE Raw Cotton, Rs 100 /kg AMBERLY TEXTILES | ID: 6501937712.

How much does cotton cost 2021?

Recent Contracts

Last High
Cotton No. 2 Oct 2021 94.10¢ 94.10¢
Cotton #2 (IFUS $/lbs) Front Month 94.10¢ 94.10¢
Cotton No. 2 Dec 2021 92.82¢ 93.00¢
Cotton No. 2 Mar 2022 92.00¢ 92.12¢

What is the current market price for cotton?

Cotton Price Live

Last Price Change Open
25500 230.00 25270
25100 -250.00 25100

Is cotton a good investment?

Due to its demand, cotton has a large and fairly stable presence on the stock market, making it a favorite for investors. You can buy or sell an interest in cotton through a variety of investment vehicles.