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Cotton Rally into Friday’s Close

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsCurrency & FXEnergy Markets & PricesGeopolitics & War

Cotton futures rose 44 to 170 points on Friday, with the May contract up 418 points for the week. The US dollar index was $0.045 higher at 98.070, while crude oil fell $9.12 after Iran agreed to open the Strait of Hormuz. The article is primarily a market recap, with price moves driven by currency and geopolitical developments.

Analysis

Cotton futures rose 44 to 170 points on Friday, with the May contract up 418 points for the week. The US dollar index was $0.045 higher at 98.070, while crude oil fell $9.12 after Iran agreed to open the Strait of Hormuz. The article is primarily a market recap, with price moves driven by currency and geopolitical developments.

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