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Cotton Slipping Back on Thursday Morning

Commodities & Raw MaterialsEnergy Markets & PricesCurrency & FX

Cotton futures are down 11 to 21 points Thursday morning after a late-Wednesday rebound, with front-month contracts that had been up 104 to 106 points. Broader risk factors in the snapshot were softer: crude oil fell $1.41/bbl to $68.09 and the US dollar index rose $0.243 to 101.200.

Analysis

Cotton futures are down 11 to 21 points Thursday morning after a late-Wednesday rebound, with front-month contracts that had been up 104 to 106 points. Broader risk factors in the snapshot were softer: crude oil fell $1.41/bbl to $68.09 and the US dollar index rose $0.243 to 101.200.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.12

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