Cotton futures are higher by 140–147 points, with most contracts up 9–37 points on Monday, supported by crude oil gaining $1.78/bbl and the US dollar index rising 0.159. The latest Monday Crop Progress update showed 73% of the US cotton crop squared, adding modest support to the near-term supply outlook.
Cotton futures are higher by 140–147 points, with most contracts up 9–37 points on Monday, supported by crude oil gaining $1.78/bbl and the US dollar index rising 0.159. The latest Monday Crop Progress update showed 73% of the US cotton crop squared, adding modest support to the near-term supply outlook.
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mildly positive
Sentiment Score
0.25
