Cotton (Expiring Future)
Price
$0.80
Today
-0.3%
YTD
+25.6%
Cotton is a crucial natural fibre commodity and one of the world's oldest and most widely used textile raw materials. It is traded on major exchanges as a futures contract, facilitating global commerce and providing price discovery for this essential crop. Cotton’s versatility and breathability make it a preferred material in a wide range of consumer products. Its primary use is in the textile industry for manufacturing clothing, home furnishings, and industrial fabrics. Secondary applications include the use of cottonseed oil for cooking and the byproducts, such as linters, in papermaking and currency. Global economic growth, fashion trends, competing synthetic fibres, and weather in major growing regions are key drivers impacting the price of cotton. Monitor the COTTON.FUT price by adding it to your eToro watchlist.
Open positions
0
Unrealized return
+0.0%
No open positions exist for this instrument at the moment.
Valuation
Profitability
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Closed trades
0
Realized return
+0.0%
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