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.
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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mildly positive
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0.15