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Market Impact: 0.18
Cotton Faces Friday Pressure
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsCurrency & FXEnergy Markets & Prices
Cotton futures closed mixed on Friday, with front-month contracts down 51 to 60 points while deferred contracts gained 8 to 11 points. The December contract nevertheless ended the week up 156 points. Crude oil fell $2.17 per barrel and the U.S. dollar index declined 0.253, creating mixed cross-market signals for cotton pricing.
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