Cotton Holding Firm on Monday Despite Crude Weakness

Cotton futures are up 9 to 19 points in Monday trade after finishing Friday mixed, with July still down 81 points on the week and December off 106 points. Crude oil is also weaker, down $3.50 to $84.21 per barrel and $4.65 on the week, highlighting broad pressure across commodity markets. The note is largely a price-action update with limited fundamental catalysts.

Analysis

Cotton futures are up 9 to 19 points in Monday trade after finishing Friday mixed, with July still down 81 points on the week and December off 106 points. Crude oil is also weaker, down $3.50 to $84.21 per barrel and $4.65 on the week, highlighting broad pressure across commodity markets. The note is largely a price-action update with limited fundamental catalysts.