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Cotton Face Friday Weakness, Despite USDA Production Cut
Source: Nasdaq
Commodity FuturesFutures & OptionsCommodities & Raw MaterialsInvestor Sentiment & Positioning
Cotton futures ended Friday down 14 to 226 points across contracts, with front-month contracts leading the decline amid broader outside-market pressure and pre-weekend risk-off positioning. The December contract fell 27 points for the week, while crude oil was also lower by $2.49 per barrel, reinforcing bearish commodity-market sentiment.
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Overall Sentiment
mildly negative
Sentiment Score
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