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Barchart
Barchart
Austin Schroeder

Cotton Corrects Lower on Thursday

Cotton Donald Trump crude oil Oil Beijing China United States US Dollar

Cotton futures saw weakness on Thursday with contracts down 175 to 287 points in the front months. The US dollar index was $0.352 higher at $98.775. Crude oil was up $1 at $102.02.

A meeting between President Trump and China’s President Xi in Beijing concluded early this morning. Few details were released following the meeting, though there was no mention of any potential purchases. 

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