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Market Impact: 0.28

Cotton Rallies as USDA Cuts Carryout

Commodity FuturesCommodities & Raw MaterialsEnergy Markets & PricesCurrency & FXGeopolitics & War

Cotton futures rose 13 to 139 points across the board on Thursday, with gains led by the front months. The move came alongside a $3.61 drop in crude oil to $86.42/barrel after President Trump said there was a US-Iran deal, while the US dollar index was also lower. Overall, the article points to firmer cotton prices but broader cross-market moves driven by energy and geopolitics.

Analysis

Cotton futures rose 13 to 139 points across the board on Thursday, with gains led by the front months. The move came alongside a $3.61 drop in crude oil to $86.42/barrel after President Trump said there was a US-Iran deal, while the US dollar index was also lower. Overall, the article points to firmer cotton prices but broader cross-market moves driven by energy and geopolitics.

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