Cotton futures are 20 to 30 points higher, while the July delivery contract is unchanged, indicating a quiet but slightly firmer tone in the market. Crude oil is up $1.50 to $70.73 and the US dollar index is down 0.257 to 100.870. Traders are awaiting Tuesday's annual June acreage report, which is the key upcoming catalyst for cotton prices.
Cotton futures are 20 to 30 points higher, while the July delivery contract is unchanged, indicating a quiet but slightly firmer tone in the market. Crude oil is up $1.50 to $70.73 and the US dollar index is down 0.257 to 100.870. Traders are awaiting Tuesday's annual June acreage report, which is the key upcoming catalyst for cotton prices.
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neutral
Sentiment Score
0.10
