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Cotton Fall Back on Tuesday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsCurrency & FXEnergy Markets & PricesEconomic Data
Cotton futures ended Tuesday lower by 16 to 55 points across contracts, pressured alongside a $0.57-per-barrel decline in crude oil and a 0.084-point rise in the U.S. dollar index. USDA reported 429,250 running bales of cotton had been ginned as of September 15, providing an early supply update. The session indicates modest near-term pressure on cotton prices rather than a broad market-moving development.
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