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Market Impact: 0.24
Cotton Rallies with Support from Outside Factors
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsEnergy Markets & PricesCurrency & FX
Cotton futures rose 40 to 101 points on Thursday, supported by strength in outside markets. Crude oil surged $7.88 per barrel, while the U.S. dollar index gained 255 points. Weekly export-sales data was delayed until Friday, leaving a near-term cotton demand catalyst pending.
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