Cotton futures were down 2 to 30 points in Tuesday morning trade after mixed action Monday, when most contracts finished 36 points lower to 13 points higher. The broader commodity backdrop was mixed, with the U.S. dollar index down $0.101 to 99.95 and crude oil up 74 cents. The move appears incremental and price-driven rather than event-driven.
Cotton futures were down 2 to 30 points in Tuesday morning trade after mixed action Monday, when most contracts finished 36 points lower to 13 points higher. The broader commodity backdrop was mixed, with the U.S. dollar index down $0.101 to 99.95 and crude oil up 74 cents. The move appears incremental and price-driven rather than event-driven.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.15
