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Market Impact: 0.25
Cotton Losses Extend to Friday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsTrade Policy & Supply ChainCurrency & FXEnergy Markets & Prices
Front-month cotton futures fell 115-120 points, alongside a $1.20-per-barrel decline in crude oil. U.S. cotton export commitments totaled 4.5 million running bales as of September 10, up 13% from the comparable period, providing a supportive demand indicator but not preventing the session's price weakness.
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mildly negative
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