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Barchart
Barchart
Austin Schroeder

Cotton Gets a Wednesday Bounce

Cotton Oil United States US Dollar

Cotton futures closed the Wednesday session with contracts up 20 to 33 points on the day. Crude oil futures were $1.63 per barrel higher at $56.90. The US dollar index was $0.201 higher to $97.995. 

Spec traders in cotton futures and options were trimming their net short position during the week ending on December 2 by 2,212 contracts. That took their net short to 59,787 contracts.

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