Cotton futures are up triple digits, with most contracts gaining 101 to 133 points, while crude oil rose $1.23 to $91.30/barrel and the US dollar index increased 0.316 to 100.260. USDA export sales data showed 207,032 RB of cotton sold, supporting the tone in the cotton market. The update is focused on commodity price action and is likely to matter most for cotton and related softs rather than broader markets.
Cotton futures are up triple digits, with most contracts gaining 101 to 133 points, while crude oil rose $1.23 to $91.30/barrel and the US dollar index increased 0.316 to 100.260. USDA export sales data showed 207,032 RB of cotton sold, supporting the tone in the cotton market. The update is focused on commodity price action and is likely to matter most for cotton and related softs rather than broader markets.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
