Market Overview

Cotton Moves Higher

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Market talk about the recent stable U.S. dollar has helped cotton prices firm on Wednesday. Volumes on the recent strength have been considered constructive along with higher prices from year-end. Market talk that world supply remains at record levels, but not rising a lot has helped to steady prices recently. Chatter that U.S. exports have been good continues. More talk is going around about lower U.S. plantings this year.

May Cotton is up 0.78 at 65.31 on Wednesday.

Posted-In: Futures Commodities Markets

 

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