Recent Developments in Cotton Market: Notable Losses in Both Old and New Crop Futures

Wednesday, 27 March 2024, 18:20

The latest report on the cotton market shows significant losses in both old and new crop futures prices, with more than 200-point declines observed. Dec futures have recorded an 85-point loss for the week. This midweek pullback indicates a challenging period for cotton traders, as market conditions remain unfavorable for the commodity.

Cotton Market Update

The latest report on the cotton market shows significant losses in both old and new crop futures prices, with more than 200-point declines observed.

Market Conditions

Dec futures have recorded an 85-point loss for the week, indicating a challenging period for cotton traders.

  • Old crop cotton futures are facing steep declines.
  • New crop futures are also in the red for the midweek pullback.

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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