Cotton Futures Surge, Crude Oil Edges Up

Cotton futures surged today, with prices rising significantly, while crude oil futures also edged up. The US dollar index dipped slightly. Speculative funds in cotton futures and options added to their net short position, reaching a record high. The Cotlook A Index increased, and ICE certified cotton stocks remained steady. December, March, and May cotton contracts all showed notable increases.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.