Analyzing the Current Midday Trends in the Cotton Market

Monday, 25 March 2024, 17:25

In the cotton market, old crop futures are showing positive movements, while nearby new crop futures remain slightly lower than the previous week. Analysts are eagerly awaiting the Planting Intentions report to gauge future market dynamics.
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Analyzing the Current Midday Trends in the Cotton Market

Cotton Market Update

Key Points:

  • Old crop cotton futures: Trading 51 to 68 points higher
  • Nearby new crop futures: Slightly down, 30 points off lows
  • Analysts' expectations: Planting Intentions report crucial

Market Watch: The cotton market is experiencing mixed midday trends with old crop futures in the black and new crop futures slightly lower than the previous week.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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