Cotton futures rallied, closing up 80 to 159 points across most contracts on Thursday. Outside markets were supportive: the US dollar index fell $0.325 to 98.600 and crude oil rose $4.06, while the monthly USDA balance sheet update was noted as a looming data event that could influence prices.
Cotton futures rallied, closing up 80 to 159 points across most contracts on Thursday. Outside markets were supportive: the US dollar index fell $0.325 to 98.600 and crude oil rose $4.06, while the monthly USDA balance sheet update was noted as a looming data event that could influence prices.
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mildly positive
Sentiment Score
0.25
