Cotton

Cotton is a versatile crop primarily used in the textile industry for producing fabrics and clothing. It also has applications in the production of paper, biofuels, and medical supplies. Major producers include the United States, China, and India, with prices influenced by seasonal factors, weather, and global demand in the fashion and home goods industries. Cotton prices can fluctuate significantly due to planting and harvesting cycles and global trade policies, with peak trading activity often seen during key US and Asian market hours.