Terry Townsend – Cotton Trading Manual
The first work to provide a comprehensive reference on the conduct of the complex international cotton market, the Cotton Trading Manual is a practical resource for all those involved with trading this commodity. It begins with a look at the history of the cotton trade and then moves on to assess the current global picture. This includes a discussion of trends in the market and production and consumption analyses. The third and fourth parts of the book focus on trading in physical cotton and futures respectively. Finally, the last section deals with administrative and management issues within the cotton trade as whole, such as contracts, insurance, and risk management.