Cotton is one of the most important raw materials for the textile industry and is grown in over 70 countries worldwide. The two main producers are China and the USA, where harvesting usually takes place between October and December. Above-average rainfall or long periods of drought can have a major impact on yield. The cotton market is also often seen as a global economic indicator.
Trade data on Cotton
Product symbol: CT
Trade: ICE (Intercontinental Exchange)
Contract size: 50000 Pounds
Trade price: Cents per pound
Minimum trade movement: 0.01 Cents per pound
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