Cotton futures are down 40–58 points Friday morning after finishing Thursday 12–24 points higher across the curve. Crude oil is up $3.01/bbl and the US dollar index is $0.269 higher, while export sales data showed net cancellations—an offsetting demand signal that is likely weighing on cotton prices.
Cotton futures are down 40–58 points Friday morning after finishing Thursday 12–24 points higher across the curve. Crude oil is up $3.01/bbl and the US dollar index is $0.269 higher, while export sales data showed net cancellations—an offsetting demand signal that is likely weighing on cotton prices.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
