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Market Impact: 0.2

Cotton Holding Mostly Steady Trade on Friday

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Cotton futures are weaker, with front months down as much as 58 points while other contracts are up 2 points. Pressure is coming from a $2.08/bbl drop in crude oil and broader pre-weekend money outflows, while the US dollar index is lower by $0.149 at 98.820.

Analysis

Cotton futures are weaker, with front months down as much as 58 points while other contracts are up 2 points. Pressure is coming from a $2.08/bbl drop in crude oil and broader pre-weekend money outflows, while the US dollar index is lower by $0.149 at 98.820.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25