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Market Impact: 0.18

Cotton See Pressure into the Long Weekend

Commodities & Raw MaterialsEnergy Markets & Prices

Cotton futures finished Thursday higher, with contracts up 20 to 72 points and December up 74 points for the week. The US Dollar Index fell $0.506 to $100.650, a potential tailwind for USD-priced commodities. Trading will pause for the July 4 Independence Day holiday, creating a shortened, 3-day weekend into the next session.

Analysis

Cotton futures finished Thursday higher, with contracts up 20 to 72 points and December up 74 points for the week. The US Dollar Index fell $0.506 to $100.650, a potential tailwind for USD-priced commodities. Trading will pause for the July 4 Independence Day holiday, creating a shortened, 3-day weekend into the next session.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15