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Cotton Slipping Back Lower on Friday AM Trade

Commodities & Raw MaterialsCommodity FuturesMarket Technicals & FlowsCurrency & FXEnergy Markets & Prices

Cotton futures are down 19 to 51 points in early Friday trade after Thursday gains of 46 to 99 points across most contracts. The U.S. dollar index is 0.194 lower at 98.955, while crude oil was down 15 cents at the close, suggesting mixed cross-market pressure rather than a clear directional catalyst.

Analysis

Cotton futures are down 19 to 51 points in early Friday trade after Thursday gains of 46 to 99 points across most contracts. The U.S. dollar index is 0.194 lower at 98.955, while crude oil was down 15 cents at the close, suggesting mixed cross-market pressure rather than a clear directional catalyst.

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