Cotton futures are extending a rally, up another 102 to 122 points Tuesday morning. Front-month contracts gained 112 to 138 points on Monday, while deferreds rose 48 to 99 points, with outside markets largely quiet (crude down 9 cents and the US dollar steady). The bid suggests a near-term positive momentum setup for cotton prices.
Cotton futures are extending a rally, up another 102 to 122 points Tuesday morning. Front-month contracts gained 112 to 138 points on Monday, while deferreds rose 48 to 99 points, with outside markets largely quiet (crude down 9 cents and the US dollar steady). The bid suggests a near-term positive momentum setup for cotton prices.
AI-powered research, real-time alerts, and portfolio analytics for institutional investors.
Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.25
Ticker Sentiment
