Cotton Trading Manual (CTM) is the first work to provide a comprehensive reference source to the conduct of the complex international cotton market. CTM begins by looking at the history of the cotton trade, and then moves on to assess the current global picture, including a discussion of trends in the market, as well as production and consumption analysis. The third and fourth parts focus on trading in physical cotton and futures respectively. Finally, the last section deals with administrative and management issues within the cotton trade as a whole, such as contracts, insurance and risk management. CTM is an indispensable practical companion for all those involved with trading in this commodity.
- Comprehensive reference to the complex international cotton market
- Discusses the history of the cotton trade
- Assesses the global picture, looking at trends and production and consumption analysis
All those involved with trading in this commodity
Part 1 The cotton trade: History and background: History of the cotton trade from origin to the twentieth century; The cotton trade today. Part 2 The global picture: The cotton environment: Macro issues; Trends in the world cotton market; Cotton agronomy and production; Cotton consumption. Part 3 The physical trade: Cotton as an industrial raw material; Cotton quality; Cotton pricing. Part 4 Derivatives: The New York Board of Trade; Cotton futures and options as hedging tools; Over-the-counter derivatives; Technical trading. Part 5 Administration and management: Cotton controlling; Freight and insurance; Payments and documents; Taxation, accounting, finance and risk management; Contracts and arbitration. Part 6 Appendices: Pricing and risk management glossary; International cotton organizations and associations; Cotton trading organizations; The rise and fall of cotton futures exchanges; The increasing role of cotton exchanges in China; Cotton promotion; The enforceability of arbitration awards; World cotton supply and use; Conversion factors.
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- © Woodhead Publishing 2005
- 30th October 2005
- Woodhead Publishing
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- Paperback ISBN:
Cotton Trading Manual is edited by the Secretariat of The International Cotton Advisory Committee (ICAC). Formed in 1939, the ICAC is an association of 41 governments sharing an interest in the production of and trade in cotton. Based in Washington DC, the organisation promotes greater cooperation between governments. Its Secretariat supports this work by publishing research on the cotton trade and trends in cotton prices.
International Cotton Advisory Committee