Cotton futures are down 9 to 15 points in front-month contracts, with export commitments at 10.25 million RB, only 2% lower. A weaker U.S. dollar index, down $0.079 to 98.510, and higher crude oil, up 50 cents, provide mixed outside-market support. The tone is cautious, with modest pressure on cotton prices despite relatively stable export demand.
Cotton futures are down 9 to 15 points in front-month contracts, with export commitments at 10.25 million RB, only 2% lower. A weaker U.S. dollar index, down $0.079 to 98.510, and higher crude oil, up 50 cents, provide mixed outside-market support. The tone is cautious, with modest pressure on cotton prices despite relatively stable export demand.
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mildly negative
Sentiment Score
-0.15
