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Market Impact: 0.2
Cotton Facing Tuesday Pressure
Source: Nasdaq
Commodity FuturesCommodities & Raw MaterialsEnergy Markets & PricesCurrency & FXNatural Disasters & Weather
Cotton futures fell 83–98 points across most front months on Tuesday. Crude oil declined $1.70 per barrel, while the US dollar index rose 0.320; USDA Crop Progress data showed 89% of the US cotton crop had bolls opening as of October 25, versus 92%.
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