Cotton futures rebounded on Monday morning, rising 130 to 145 points, after weakness that left Friday closes down 62 to 89 points. The most recent weekly decline remains notable, with December cotton down 291 points last week. At the same time, crude oil was up another $3.50/bbl, suggesting a firmer broader commodity complex.
Cotton futures rebounded on Monday morning, rising 130 to 145 points, after weakness that left Friday closes down 62 to 89 points. The most recent weekly decline remains notable, with December cotton down 291 points last week. At the same time, crude oil was up another $3.50/bbl, suggesting a firmer broader commodity complex.
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mildly positive
Sentiment Score
0.15