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Cotton Faces Tuesday Weakness
Source: Nasdaq
Commodities & Raw MaterialsEconomic DataCurrency & FXEnergy Markets & Prices
Cotton futures eased on Tuesday, pulling back from session lows but still down 27 to 46 points across most contracts into the close. In the broader complex, crude oil fell $3.90 and the US dollar index was $0.089 lower. Weekly Crop Progress indicated 81% of US cotton has set bolls, suggesting progress even as futures remain under pressure.
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