Cotton Futures Decline at Midday

Reported 1 day ago

Cotton futures are down 3 to 5 points by midday on Monday, with October contracts falling 64 points. The US dollar index has decreased, and crude oil futures are also lower. Recent CFTC data shows managed money has reduced their net short positions in cotton futures and options. The Cotlook A Index dropped another 25 points, while ICE cotton stocks remained steady.

Source: YAHOO

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