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Market Impact: 0.22
Cotton Rallying at Wednesday’s Midday
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsMarket Technicals & Flows
Cotton futures gained 99 to 130 points in Wednesday midday trading. Higher crude oil prices, up $2.59 per barrel, and a $0.032 decline in the U.S. dollar index provided supportive cross-market conditions, while weekly crop data showed 40% of the U.S. cotton crop had bolls opening.
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