Cotton front-month futures declined 20–32 points on Friday while new-crop contracts traded steadily. Crude oil rose $2.51 to $98.09 (~+2.6%), and the US Dollar Index eased $0.267 to 99.345. Export Sales data referenced total cotton export commitments, suggesting export demand data will be a near-term driver for cotton prices.
Cotton front-month futures declined 20–32 points on Friday while new-crop contracts traded steadily. Crude oil rose $2.51 to $98.09 (~+2.6%), and the US Dollar Index eased $0.267 to 99.345. Export Sales data referenced total cotton export commitments, suggesting export demand data will be a near-term driver for cotton prices.
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