Cotton Push Higher into Wednesday’s Close

Cotton futures were mixed Thursday morning, trading between down 8 points and up 3 points after posting 15–56 point gains on Wednesday. The US dollar index rose $0.253 to 99.495, while crude oil fell $1.06 on the day and is roughly $5 off recent lows. Overall, the moves point to modest, short-term volatility across commodities with no clear directional signal for cotton.

Analysis

Cotton futures were mixed Thursday morning, trading between down 8 points and up 3 points after posting 15–56 point gains on Wednesday. The US dollar index rose $0.253 to 99.495, while crude oil fell $1.06 on the day and is roughly $5 off recent lows. Overall, the moves point to modest, short-term volatility across commodities with no clear directional signal for cotton.