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Market Impact: 0.22

Cotton Showing Steady Friday Trade

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Cotton futures are modestly firmer, with July up 43 points while other contracts are steady to 5 points lower. Crude oil fell $2.85 to $84.86/barrel and the US dollar index slipped 0.109 to 99.740, which could influence commodity pricing broadly. USDA export sales data show old-crop cotton commitments at 11.541 million RB, a factual update with limited standalone market impact.

Analysis

Cotton futures are modestly firmer, with July up 43 points while other contracts are steady to 5 points lower. Crude oil fell $2.85 to $84.86/barrel and the US dollar index slipped 0.109 to 99.740, which could influence commodity pricing broadly. USDA export sales data show old-crop cotton commitments at 11.541 million RB, a factual update with limited standalone market impact.

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Market Sentiment

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neutral

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0.05