Cotton futures are up 63 to 87 points on Monday after gapping higher overnight, though front-month contracts were still down 10 to 62 points earlier in the session. July cotton fell 127 points last week, while December gained 26 points, indicating mixed short-term price action across the curve. The article also notes the U.S. dollar, suggesting FX remains a relevant backdrop for cotton pricing.
Cotton futures are up 63 to 87 points on Monday after gapping higher overnight, though front-month contracts were still down 10 to 62 points earlier in the session. July cotton fell 127 points last week, while December gained 26 points, indicating mixed short-term price action across the curve. The article also notes the U.S. dollar, suggesting FX remains a relevant backdrop for cotton pricing.
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