Cotton futures are firmer, up 40 to 45 points in Friday morning trade after Thursday's limit-gain close of 3 cents in July and 102 to 254 points across most other contracts. The move is modestly supportive for cotton prices, while the U.S. dollar index is also weaker, down $0.877 to 97.950, which can be a tailwind for commodities priced in dollars.
Cotton futures are firmer, up 40 to 45 points in Friday morning trade after Thursday's limit-gain close of 3 cents in July and 102 to 254 points across most other contracts. The move is modestly supportive for cotton prices, while the U.S. dollar index is also weaker, down $0.877 to 97.950, which can be a tailwind for commodities priced in dollars.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
