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Market Impact: 0.25

Cotton Turning Back Higher on Tuesday AM Trade

Commodities & Raw MaterialsCommodity FuturesFutures & OptionsMarket Technicals & FlowsCurrency & FXEnergy Markets & PricesEconomic Data

Cotton futures are up 40 to 71 points in early Turnaround Tuesday trading after Monday’s session closed down 30 to 127 points across most contracts. The U.S. dollar index is 0.146 higher at 98.065, while crude oil is up $3.20 at $105.14, adding mixed cross-market influences. NASS Crop Progress data was also cited, suggesting the move is being driven by commodity and macro flow rather than a single headline event.

Analysis

Cotton futures are up 40 to 71 points in early Turnaround Tuesday trading after Monday’s session closed down 30 to 127 points across most contracts. The U.S. dollar index is 0.146 higher at 98.065, while crude oil is up $3.20 at $105.14, adding mixed cross-market influences. NASS Crop Progress data was also cited, suggesting the move is being driven by commodity and macro flow rather than a single headline event.

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