Cotton futures are down 5 to 82 points in Thursday morning trade, reversing part of Wednesday’s 115 to 204 point gains across most contracts. The move comes alongside softer crude oil at $75.88, while the U.S. dollar index is higher, which can add pressure to commodity prices. The article is largely a short-term market update with limited fundamental news.
Cotton futures are down 5 to 82 points in Thursday morning trade, reversing part of Wednesday’s 115 to 204 point gains across most contracts. The move comes alongside softer crude oil at $75.88, while the U.S. dollar index is higher, which can add pressure to commodity prices. The article is largely a short-term market update with limited fundamental news.
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