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Cotton Rallies on Thursday Despite Weaker Export Sales
Source: Nasdaq
Commodities & Raw MaterialsEnergy Markets & PricesTrade Policy & Supply ChainInflationMarket Technicals & Flows
Cotton futures rallied into the Thursday close, with December moving above $0.90 and front-month contracts gaining 304 to 329 points. The complex also saw crude oil up $1.31/bbl and the US dollar index edging higher, which helped support the bid. The report also flagged Export Sales at 95,726 RB (not enough context to confirm direction vs expectations).
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