Cotton futures are down 70 to 86 points in most front-month contracts, pressured by a stronger U.S. dollar index up $0.618 to $100.00 and crude oil losses of $3.01. USDA export sales remain supportive at 11.33 million RB of cotton export business, down just 1% from the prior period, but the tone is still weighed by broader macro and energy-market weakness.
Cotton futures are down 70 to 86 points in most front-month contracts, pressured by a stronger U.S. dollar index up $0.618 to $100.00 and crude oil losses of $3.01. USDA export sales remain supportive at 11.33 million RB of cotton export business, down just 1% from the prior period, but the tone is still weighed by broader macro and energy-market weakness.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.20
