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Market Impact: 0.28
Cotton Rallying at Monday’s Midday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsTrade Policy & Supply ChainCurrency & FXEnergy Markets & Prices
Cotton futures rose 212 to 272 points across most nearby contracts. The move occurred despite crude oil falling $4.53 per barrel and the U.S. dollar index rising 0.175, both potential headwinds for commodity demand and export competitiveness. Markets are also monitoring President Xi's U.S. meeting with President Trump, with trade discussions a key source of uncertainty for cotton demand.
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