Cotton Market Moves: September 11th Snapshot

Cotton market snapshot: September 11th saw surprising cotton futures gains despite light trading, with October contracts soaring. The Seam reported average prices at 62.21 cents/pound, while the Cotlook A Index saw a slight rise. USDA's Adjusted World Price dipped, influencing sales strategies. Traders are closely watching the US dollar and crude oil interplay, plus midday updates, to navigate these volatile shifts as harvest season approaches. Hosted on Acast. See acast.com/privacy for more information.