Config.
Marché
Rapport
Unité

COT Cotton No. 2 (ICE US)

Période
Échelle

As-of mardi · close vendredi · source CFTC

Long vs Short

Long et short en % d’OI (catégorie focus)

Δ 4 semaines

Variation du net vs le rapport d’il y a 4 semaines

Cette semaine

Catégorie Long Short Spreading Net Δ Long Δ Short Δ Net % OI long % OI short

Historique

Softs · ICE Futures U.S.

What is ICE US Cotton No. 2?

US cotton (No. 2)

A long means…

Exposure to a rise in deliverable US upland cotton (No. 2) — United States origin only.

What is this?

Cotton No. 2 is US upland cotton for the mill — US fibre, not a world index. The contract delivers Strict Low Middling, 1-1/16 inch staple, United States origin only, at licensed warehouses in Galveston, Houston, Dallas, Memphis and Greenville/Spartanburg. Deliveries are rain-grown Eastern, Memphis, New Orleans or Texas upland — or irrigated Far Western (Arizona, California). Nothing grown outside the United States is deliverable.

Growers and inventory holders hedge the crop; textile mills hedge the cost of fibre.

Pitfalls

  • US origin only.
  • Not a Cotlook-style world cotton.
  • 50,000 lb, not the sugar lot size.

Univers LIX

Le positionnement n’est pas le risque

Le COT décrit qui est positionné. Le LIX décrit le niveau de risque de marché — 12 indicateurs, hors COT.