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Cotton Getting an Early Wednesday Bounce

Commodity FuturesCommodities & Raw MaterialsCurrency & FXEnergy Markets & PricesMarket Technicals & Flows

Cotton prices are up 35 to 57 cents on Wednesday after Tuesday’s futures close was down 105 to 145 points in the front months. The U.S. dollar index rose $0.366 to $98.190, while crude oil gained $2.83 to $102.05. The article points to mixed commodity and currency inputs ahead of the USDA Cotton Ginnings report, with limited broad-market impact.

Analysis

Cotton prices are up 35 to 57 cents on Wednesday after Tuesday’s futures close was down 105 to 145 points in the front months. The U.S. dollar index rose $0.366 to $98.190, while crude oil gained $2.83 to $102.05. The article points to mixed commodity and currency inputs ahead of the USDA Cotton Ginnings report, with limited broad-market impact.

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