Cotton Prices Dip, Open Interest Rises

Cotton Futures Market Update: December 2nd - Prices Dip, Open Interest IncreasesThe cotton futures market saw a slight dip in prices across various contracts as of Tuesday, December 2nd. The December twenty-five contract closed at sixty-four point four eight cents, down from its open. The March twenty-six and May twenty-six contracts also experienced minor decreases. However, the July twenty-six and October twenty-six contracts remained relatively stable. Despite the slight dip in prices, the open interest across all cotton contracts increased by two thousand seven hundred eight, indicating new money entering the market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.