71.05 USD
-0.98 (-1.36%)

COTTON Key Statistics

Open price
72.03
High today
72.05
Low today
70.52
52 Week high
103.7
52 Week low
66.17
Trading hours
-12:00
-11:00
-10:00
-09:00
-08:00
-07:00
-06:00
-05:00
-04:00
-03:00
-02:00
-01:00
UTC 00:00
+01:00
+02:00
+03:00
+03:30
+04:00
+04:30
+05:00
+05:30
+05:45
+06:00
+07:00
+08:00
+09:00
+09:30
+10:00
+11:00
+12:00
+12:45
+13:00
+14:00
UTC 00:00
Symbol trading specification

About COTTON

The COTTON price is a significant benchmark in the agricultural commodities market, indicative of the global production and consumption dynamics. As a fundamental raw material in the textile industry, the price of cotton influences a broad spectrum of economic activities, from agriculture to fashion.

What is COTTON?

COTTON is a natural fiber harvested from the cotton plant, extensively used in the textile industry to produce clothing, home furnishings, and industrial products. The SimpleFX platform gives access to a demo account for individuals eager to learn how to trade COTTON. It allows for practice and strategy development without financial commitment. Every demo account provides a comprehensive trading experience in a simulated environment. SimpleFX includes options for leverage and a lack of minimum deposit in live account trading.

How does cotton exchange work?

COTTON exchange requires understanding the factors that affect its supply and demand, such as weather conditions in key growing regions, global economic health, and changes in fashion trends. On SimpleFX, traders can use futures contracts to speculate on the future COTTON price, taking into account variables like crop yields, trade policies, and consumption patterns in major markets. Traders who want to explore how to invest in COTTON need to analyze these market drivers.

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