Cotton Posts Thursday Strength

Cotton futures rose 21 to 71 points across most contracts, with July up 131 points, while crude oil advanced $1.13 to $71.47 and the U.S. dollar index was down 0.141 at 101.250. USDA’s Export Sales report added another near-term supply-demand datapoint for cotton, but the article is primarily a routine commodity price update rather than a major market-moving event.

Analysis

Cotton futures rose 21 to 71 points across most contracts, with July up 131 points, while crude oil advanced $1.13 to $71.47 and the U.S. dollar index was down 0.141 at 101.250. USDA’s Export Sales report added another near-term supply-demand datapoint for cotton, but the article is primarily a routine commodity price update rather than a major market-moving event.