Cash − ICE cover month · cents per pound
Every figure below is a measurement or a historical frequency statement, computed from Cotlook quotations and ICE Cotton No. 2 settlements. Nothing here is a recommendation or a forecast.
The A Index against the ICE cover month, and how unusual that is against its own trailing year.
Shaded bands are the rolling 250-session mean ±1σ and ±2σ. Red panels mark past excursions beyond 2σ and how long each took to come back inside 0.5σ.
Both follow the series picked above. Seasonality asks whether this month is normal for the crop year; the distribution asks what the z-score is measuring against.
August to July · monthly means
Full history · 1.5¢ bins
Polarity · trailing 250 sessions
Historical frequency
The cover month the basis is struck against, and the calendar spreads around it.
Calendar spreads · 250 sessions each