Cotton is bought through bale-level fibre evidence, not name alone. Species or growth, colour and leaf grade, staple length, micronaire, strength, uniformity, trash, extraneous matter, origin and delivery terms determine whether two lots are comparable.
This release uses current ICE Cotton No. 2 specifications and USDA cotton-classification standards. It reports contract and classification facts, not a live physical quote or an inferred bale value.
ICE Cotton No. 2 calls for physical delivery against a defined basis grade and staple length and restricts deliverable origin. A screen price is therefore tied to the contract's quality and delivery system. Other origins, qualities and locations require physical differentials and logistics evidence.
USDA classing uses instrument and visual measurements including colour, leaf, trash, micronaire, upper-half-mean length, length uniformity, strength and extraneous matter. Those fields should remain attached to the bale or lot rather than being collapsed into a generic cotton label.
A comparable cotton offer identifies growth or origin, crop year, bale identifiers, classing authority and date, grade and fibre measures, contamination controls, quantity, currency, Incoterm, warehouse or load point, destination, shipment window and supporting certificates.
No. It is an ICE reference contract with a defined basis grade, staple length, U.S. origin and delivery locations. Physical lots require their own quality and logistics evidence.
ICE specifies 50,000 pounds net weight.
Colour, leaf, trash, micronaire, staple or fibre length, length uniformity, strength and extraneous matter are core classification fields.
Origin or growth, crop year, bale IDs, classing source and date, grade, fibre measures, contamination controls, quantity, currency, Incoterm, load point, destination, delivery window and evidence date.
Figures retain their source, period and review date. Corroboration is not promoted to primary evidence.