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Cotton Slide Continuing on Friday Morning

Commodities & Raw MaterialsEnergy Markets & PricesMarket Technicals & Flows

Cotton futures closed Thursday with losses of 25 to 47 points, with July expiring and contracts down 4 to 24 points across the board. Crude oil also eased back lower despite overnight back-and-forth US-Iran strikes, falling $1.71 at the close.

Analysis

Cotton futures closed Thursday with losses of 25 to 47 points, with July expiring and contracts down 4 to 24 points across the board. Crude oil also eased back lower despite overnight back-and-forth US-Iran strikes, falling $1.71 at the close.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.25

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