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Cotton Trading with Monday AM Gains

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsCurrency & FXEnergy Markets & PricesMarket Technicals & Flows

Cotton futures are up 14 to 25 points early Monday after mixed Friday trade, when contracts ranged from 7 points lower to 10 points higher. May cotton was up 230 points on the week, while the U.S. dollar index slipped $0.104 to $98.485 and crude oil moved higher. The piece is largely a short-term market update with limited fundamental catalyst.

Analysis

Cotton futures are up 14 to 25 points early Monday after mixed Friday trade, when contracts ranged from 7 points lower to 10 points higher. May cotton was up 230 points on the week, while the U.S. dollar index slipped $0.104 to $98.485 and crude oil moved higher. The piece is largely a short-term market update with limited fundamental catalyst.

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