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Market Impact: 0.22

Cotton Pulling Back on Monday Morning

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsCurrency & FXEnergy Markets & Prices

Cotton futures are down 35 to 48 points in Monday morning trade after posting gains of 44 to 170 points on Friday, including a 418-point advance for May over the week. The U.S. dollar index rose $0.045 to $98.070, while crude oil fell $9.12 on the day, creating a softer macro backdrop for commodities. The update is primarily a price-action note with limited broader market impact.

Analysis

Cotton futures are down 35 to 48 points in Monday morning trade after posting gains of 44 to 170 points on Friday, including a 418-point advance for May over the week. The U.S. dollar index rose $0.045 to $98.070, while crude oil fell $9.12 on the day, creating a softer macro backdrop for commodities. The update is primarily a price-action note with limited broader market impact.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.12