Cotton Trading Goes Global with New ICE Contract
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.