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Market Impact: 0.4

Cotton Face Weakness on Tuesday

Commodity FuturesCommodities & Raw MaterialsEnergy Markets & PricesCurrency & FXGeopolitics & WarFutures & Options

Cotton futures closed down 28-40 points. The US dollar index fell $0.375 to 99.480 (≈0.38% lower). Crude oil dropped $2.03 after reports the US and Iran are reviewing a Pakistan-proposed two-week ceasefire, suggesting easing geopolitical risk that is weighing on energy and commodity prices.

Analysis

Cotton futures closed down 28-40 points. The US dollar index fell $0.375 to 99.480 (≈0.38% lower). Crude oil dropped $2.03 after reports the US and Iran are reviewing a Pakistan-proposed two-week ceasefire, suggesting easing geopolitical risk that is weighing on energy and commodity prices.

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Market Sentiment

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mildly negative

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