Cotton futures were up roughly 127–150 points at Thursday midday. The US dollar index fell $0.445 to 98.475 and crude oil rose $3.21, providing supportive outside-market momentum. The USDA released its monthly cotton balance-sheet update, cited as a market driver (article truncates before details). Overall conditions are mildly supportive for cotton prices at the midday print.
Cotton futures were up roughly 127–150 points at Thursday midday. The US dollar index fell $0.445 to 98.475 and crude oil rose $3.21, providing supportive outside-market momentum. The USDA released its monthly cotton balance-sheet update, cited as a market driver (article truncates before details). Overall conditions are mildly supportive for cotton prices at the midday print.
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mildly positive
Sentiment Score
0.20
