Cotton futures are firmer by 45 to 70 points in the front months, with the May delivery contract up 132 points. Broader commodity support is visible as crude oil rises $6.89 to $106.76 and the US dollar index edges up to $98.715. The move appears market-driven rather than fundamentally news-driven, with only 139 bales shown on The Seam.
Cotton futures are firmer by 45 to 70 points in the front months, with the May delivery contract up 132 points. Broader commodity support is visible as crude oil rises $6.89 to $106.76 and the US dollar index edges up to $98.715. The move appears market-driven rather than fundamentally news-driven, with only 139 bales shown on The Seam.
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Request DemoOverall Sentiment
mildly positive
Sentiment Score
0.15
