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Market Impact: 0.24
Cotton Following Tuesday’s Limit Losses with a Modest Bounce
Source: Nasdaq
Commodities & Raw MaterialsCommodity FuturesCurrency & FXEnergy Markets & Prices
Cotton futures faced broad selling pressure, with most 2026/27 crop contracts falling by the 4-cent daily limit and other contracts declining 182 to 275 points, despite 15 to 21 point gains in Wednesday morning trading. A $3.66-per-barrel drop in crude oil and a 0.214-point rise in the U.S. dollar index added pressure to the cotton complex.
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