Cotton is a soft, fluffy staple fibre that grows in a protective case, around the seeds of the cotton plants. It was independently domesticated in the Old and New Worlds, leading to its mainstream adoption in clothing and the soft commodities futures market that we have today.
The cotton plant is a shrub native to tropical and subtropical regions around the world, including the Americas, Africa, and India. Current estimates for world production are about 25 million tonnes annually, accounting for 2.5% of the world’s arable land. China is the world’s largest producer of cotton, but most of this is used domestically.
The addition of cotton markets on our MT4 platform allows Vantage FX clients to profit from this truly global soft commodity.
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