Cotton futures were up 39 to 50 points early Friday after a sharp Thursday selloff, when contracts closed down 198 to 362 points across the board. The move comes alongside a stronger U.S. dollar index at $99.165 and weaker crude oil at $98.00, which may pressure commodity pricing broadly. The article is mainly a market update with limited fundamental catalyst.
Cotton futures were up 39 to 50 points early Friday after a sharp Thursday selloff, when contracts closed down 198 to 362 points across the board. The move comes alongside a stronger U.S. dollar index at $99.165 and weaker crude oil at $98.00, which may pressure commodity pricing broadly. The article is mainly a market update with limited fundamental catalyst.
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