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Cotton Pushes Losses into the Friday Close

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsCurrency & FXEnergy Markets & Prices

Cotton futures finished the Friday session lower by 151 to 333 points, with July down 412 points for the week and December off 355 points. A stronger U.S. dollar index at $99.195 and higher crude oil at $105.66 were also noted, but the article offers few additional catalysts for the cotton weakness.

Analysis

Cotton futures finished the Friday session lower by 151 to 333 points, with July down 412 points for the week and December off 355 points. A stronger U.S. dollar index at $99.195 and higher crude oil at $105.66 were also noted, but the article offers few additional catalysts for the cotton weakness.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.35