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Cotton Rallies Back on Friday

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Cotton futures finished Friday up 41 to 177 points, with July adding 54 points for the week. The move came alongside a weaker U.S. dollar index at $97.765, while crude oil eased 13 cents to $94.68. Managed money was also reported adding 12,829 contracts, signaling supportive positioning in cotton.

Analysis

Cotton futures finished Friday up 41 to 177 points, with July adding 54 points for the week. The move came alongside a weaker U.S. dollar index at $97.765, while crude oil eased 13 cents to $94.68. Managed money was also reported adding 12,829 contracts, signaling supportive positioning in cotton.

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Market Sentiment

Overall Sentiment

mildly positive

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0.15