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Cotton Rallying on Friday

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Cotton futures rose 42–70 points across the front months on Friday. The U.S. dollar index increased by 0.207 to 99.915 and crude oil jumped $4.32 to $98.80. Export Sales data reported 9.556 million RB of combined cotton sales and shipments, supporting the stronger cotton futures move.

Analysis

Cotton futures rose 42–70 points across the front months on Friday. The U.S. dollar index increased by 0.207 to 99.915 and crude oil jumped $4.32 to $98.80. Export Sales data reported 9.556 million RB of combined cotton sales and shipments, supporting the stronger cotton futures move.

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