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Market Impact: 0.18

Cotton Closes Firm on Monday

Commodity FuturesFutures & OptionsCurrency & FXEnergy Markets & PricesEconomic DataMarket Technicals & Flows

Cotton futures were mixed on Monday, ranging from 36 points lower to 13 points higher across most contracts. The US dollar index fell $0.101 to $99.95, while crude oil rose 74 cents, providing a modest external backdrop for cotton pricing. Monday afternoon Crop Progress data showed 77% of the US cotton crop planted, a routine supply-side update with limited immediate market impact.

Analysis

Cotton futures were mixed on Monday, ranging from 36 points lower to 13 points higher across most contracts. The US dollar index fell $0.101 to $99.95, while crude oil rose 74 cents, providing a modest external backdrop for cotton pricing. Monday afternoon Crop Progress data showed 77% of the US cotton crop planted, a routine supply-side update with limited immediate market impact.

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