Cotton
Cotton Meaning:
In commodity market terminology, Cotton refers to a staple fiber that is the most widely-used natural fiber for the manufacture of clothes on the planet. Cotton is grown in a form called a boll, which is a fluffy white ball around the seeds of the cotton plant, a tree or shrub grown in subtropical and tropical regions of the Americas, Africa and India.
In commodity market terminology, Cotton refers to a staple fiber that is the most widely-used natural fiber for the manufacture of clothes on the planet. Cotton is grown in a form called a boll, which is a fluffy white ball around the seeds of the cotton plant, a tree or shrub grown in subtropical and tropical regions of the Americas, Africa and India.
The fiber is generally spun into a thread or yarn which is then used to make the soft, breathable cloth. Cotton has been used in the making of clothing for thousands of years and is one of the worlds leading agricultural commodities. Cotton futures are traded on the NYMEX, and Kapas (raw cotton) futures trade on the Mumbai, India-based Multi Commodity Exchange (MCX) as a fiber product.