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Barchart
Barchart
Austin Schroeder

Cotton Posting Monday Midday Strength

Commitment of Traders crude oil Oil United States US Dollar

Cotton futures are trading with 70 to 86 points higher at Monday’s midday. Crude oil is down $6.63 per barrel, with the US dollar index up 0.018.

Friday afternoon’s Commitment of Traders report showed managed money spec funds in cotton futures and options adding another 3,525 contracts to their net long in the week ending on Tuesday to 53,209 contracts.

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