Cotton Faces Losses on the Wednesday Session

Cotton futures fell 187 to 247 points across the front months on Wednesday, pressured by a $3.34/bbl drop in crude oil to $69.87 and a firmer U.S. dollar index at 101.320. The Seam reported 88 bales sold on June 23 at an average price of 72.15 cents, but the article is primarily a price-action update rather than a catalyst-driven event.

Analysis

Cotton futures fell 187 to 247 points across the front months on Wednesday, pressured by a $3.34/bbl drop in crude oil to $69.87 and a firmer U.S. dollar index at 101.320. The Seam reported 88 bales sold on June 23 at an average price of 72.15 cents, but the article is primarily a price-action update rather than a catalyst-driven event.