Cotton prices are down 5 to 40 points early Monday after futures finished Friday up 41 to 177 points, with July up 54 points on the week. The weaker U.S. dollar index, down $0.179 to $97.765, and lower crude oil prices may provide some offsetting macro influence. Overall, the note is a routine commodity price update with limited immediate market impact.
Cotton prices are down 5 to 40 points early Monday after futures finished Friday up 41 to 177 points, with July up 54 points on the week. The weaker U.S. dollar index, down $0.179 to $97.765, and lower crude oil prices may provide some offsetting macro influence. Overall, the note is a routine commodity price update with limited immediate market impact.
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neutral
Sentiment Score
-0.10
