Cotton futures are trading at the 3-cent daily limit higher in July, while May delivery cotton is up 552 points. Broader commodity context is mixed, with the US dollar index down $0.782 to 98.040 and crude oil off $2.75 to $104.13. USDA export sales data showed 162,879 RB of cotton, a supportive but limited fundamental input.
Cotton futures are trading at the 3-cent daily limit higher in July, while May delivery cotton is up 552 points. Broader commodity context is mixed, with the US dollar index down $0.782 to 98.040 and crude oil off $2.75 to $104.13. USDA export sales data showed 162,879 RB of cotton, a supportive but limited fundamental input.
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neutral
Sentiment Score
0.12
