Cotton futures posted sharp front-month losses of 125 to 148 points in old-crop contracts, with other months down 12 to 87 points, signaling weak pressure across the curve. Crude oil fell another 81 cents to $73.19 and the US dollar index rose 0.391 to 101.165, both of which can weigh on commodity pricing. The article also references Crop Progress data, suggesting weather and supply conditions remain a key input for cotton sentiment.
Cotton futures posted sharp front-month losses of 125 to 148 points in old-crop contracts, with other months down 12 to 87 points, signaling weak pressure across the curve. Crude oil fell another 81 cents to $73.19 and the US dollar index rose 0.391 to 101.165, both of which can weigh on commodity pricing. The article also references Crop Progress data, suggesting weather and supply conditions remain a key input for cotton sentiment.
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Request DemoOverall Sentiment
moderately negative
Sentiment Score
-0.45
