The biggest producers of cotton in the world are China (26% of total production in 2010/11 fiscal year) and India (22%), followed by United States, Pakistan, Brazil, Australia and Uzbekistan. The United States is the biggest exporter of cotton (40% of total exports). India, Australia, Brazil and Uzbekistan also have a big share in the cotton trade. Cotton, a soft fiber that grows around the cotton plant, is the world’s most widely-used natural fiber for clothing.To maximize the needs of the cotton market, the New York Mercantile Exchange has made available a cotton futures contract for trading on the CME Globex® trading platform and for clearing through NYMEX ClearPort® clearing. The size of each contract is 50,000 pounds and its commodity code is TT. It is financially settled, and the final settlement price shall be set at the value of the New York Board of Trade cotton futures contract on the termination day of the contract month, or as specified by the Board of Directors. This page provides - Cotton - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cotton - actual data, historical chart and calendar of releases - was last updated on September of 2019.