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Cotton Holding onto Midday Losses on Friday

Source: Nasdaq

Commodity FuturesCommodities & Raw Materials

Cotton futures were down 100 to 110 points at midday, although nearby and thin October contracts gained 60 points. Crude oil fell $2.55 per barrel while the U.S. dollar index declined $0.253, providing a mixed macro backdrop for cotton pricing. Limited details were available regarding discussions involving the U.S.

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