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Oct 1:Adjusted world price65.167-market avg72.65

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Cotton Trading Goes Global with New ICE Contract

ICE Futures’ long-awaited World Cotton Contract begins on November 2, following several years of planning, development and logistical wrangling.

ICE Futures’ long-awaited World Cotton Contract launches on November 2, following several years of planning, development and logistical wrangling.

The new contract will complement the ICE’s traditional Cotton No. 2 contract, yet also reflects the realities of trading cotton in a shifting global cotton industry.

Reuters summarized the new contract and the industry’s reaction and anticipation in a recent article. Read it here for more details.

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