Cotton (CT) Futures

$66.44
0.42[0.63%]
as of 2025-02-07
Q

What is a cotton future?

A

A cotton future is a contract that delivers a specific amount of cotton to the buyer, at a fixed price, when the contract expires.

Q

Why do businesses buy into cotton futures?

A

Cotton futures help businesses budget using a “long hedge” to guarantee affordable prices for raw materials.

Q

How much cotton is included in a cotton futures contract?

A

Traded on the New York Mercantile Exchange (NYMEX), cotton futures generally include 50,000 pounds of cotton.

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