Cotton price. Current exchange price for cotton
Cotton price on the stock exchange today is reflected in the table - its value is expressed in us dollars per 1 kg. Futures contract on the cotton is drawn on the stock exchange and is a settlement. In addition to this tool, the cost of raw materials is installed on the Intercontinental Exchange (ICE), but due to the fact that the underlying asset on the futures is the variety of cotton, intended for deliveries on futures Cotton №2, traded on the ICE, then the above price is almost fully coincides with the world (with a small proportion of the error).
Cotton price in the stock chart
A graphical presentation of the motion value of the cotton is on the site of stock exchange ICE. There the price is quoted in us dollars, the amount of the contract 50 thousand pounds.
Certificate of raw materials
The cotton is vegetable fiber extracted from the bolls of cotton. After ripening fruit of the box provided, and then хлопкоприемные items collect raw materials, sending it on to the cotton plant, where carried out the separation of seeds from the fiber. Is a soft, thin, short and fluffy fibers, a little twisted around its axis.
Is used in the textile industry for the production of cotton fabrics (possesses such valuable properties as heat, strength and resistance to abrasion), as well as in the food industry for the production of cotton oil and margarine. Among other things of short fibres of cotton (the so-called lint) make the wool and explosives. Also cotton useful in other industries - from doing it lubricants, Soaps, glycerine, feed, fertilisers, etc.
Who manufactures
Cotton price has a significant impact on the activities of the manufacturers of the raw materials. The large cotton plantations located in the subtropical and tropical regions of the world - America, China, Pakistan, Australia, India, Greece, Brazil.
Cotton price - what factors influence the change of it
1. World consumption level;
2. Weather conditions in the regions of cultivation;
3. The level of competition in crops between cotton crops and corn;
4. The balance of the world cotton market in past seasons (deficit or surplus);
5. The size of the world's reserves, as well as the quality of the supply;
6. For technical reasons: the current exchange rate of the dollar, speculative component in the exchange rate.
