Cotton futures are down 146 to 190 points in midweek trading, pressured by a $2.61/bbl decline in crude oil to $70.60 and a stronger US dollar index at 101.345. The Seam reported 88 bales sold on June 23 at an average of 72.15 cents. The article is primarily a price-action update on agricultural commodities rather than a broader macro event.
Cotton futures are down 146 to 190 points in midweek trading, pressured by a $2.61/bbl decline in crude oil to $70.60 and a stronger US dollar index at 101.345. The Seam reported 88 bales sold on June 23 at an average of 72.15 cents. The article is primarily a price-action update on agricultural commodities rather than a broader macro event.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
