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Market Impact: 0.35

Cotton Pushing Higher on Friday

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsEnergy Markets & PricesMarket Technicals & FlowsInvestor Sentiment & Positioning

Cotton prices rose 25–35 points Friday morning, with futures posting 1–24 point gains after the May contract remained down 141 points on the week. Strength was supported by outside factors, notably a $10.22 rise in crude oil to $91.23, suggesting commodity-driven upside and elevated market volatility.

Analysis

Cotton prices rose 25–35 points Friday morning, with futures posting 1–24 point gains after the May contract remained down 141 points on the week. Strength was supported by outside factors, notably a $10.22 rise in crude oil to $91.23, suggesting commodity-driven upside and elevated market volatility.

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Market Sentiment

Overall Sentiment

mildly positive

Sentiment Score

0.15