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Cotton Closes with Gains on Wednesday

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Cotton futures rallied from early weakness to close up 15 to 81 points. The US dollar index fell $0.354 to 99.405. Crude oil closed down $2.51 after a post from President Trump suggested Iran is seeking a ceasefire, weighing on energy prices.

Analysis

Cotton futures rallied from early weakness to close up 15 to 81 points. The US dollar index fell $0.354 to 99.405. Crude oil closed down $2.51 after a post from President Trump suggested Iran is seeking a ceasefire, weighing on energy prices.

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