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Market Impact: 0.24

Cotton Rallying on Wednesday

Commodity FuturesFutures & OptionsCommodities & Raw MaterialsEnergy Markets & PricesCurrency & FXNatural Disasters & Weather

Cotton futures are up 250 to 270 points across the front months, supported by a drier forecast for West Texas and the Panhandle, which could tighten supply prospects. Crude oil is also firmer by 70 cents to $76.75, while the US dollar index is up 0.181 to 99.460. The article is a market update on commodity and FX moves with weather as a key cotton driver.

Analysis

Cotton futures are up 250 to 270 points across the front months, supported by a drier forecast for West Texas and the Panhandle, which could tighten supply prospects. Crude oil is also firmer by 70 cents to $76.75, while the US dollar index is up 0.181 to 99.460. The article is a market update on commodity and FX moves with weather as a key cotton driver.

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Market Sentiment

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mildly positive

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0.18