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Market Impact: 0.28
Cotton Posting Midday Gain on Thursday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsEnergy Markets & PricesCurrency & FX
Cotton futures rose 66 to 95 points by midday বৃহস্পতিবার, supported by spillover buying as WTI crude oil climbed $5.29 per barrel and moved above $100. The U.S. dollar index was also up 190 points, while weekly Export Sales data was delayed until Friday. The move is supportive for cotton prices but is primarily a commodity-market reaction rather than a broad market catalyst.
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