Cotton Market Bounces: Cautious Optimism Prevails

Cotton futures bounced back, but is it a false dawn? After a weak spell, futures contracts saw gains, while the dollar dipped slightly and crude oil inched up. However, sluggish cash market sales and flat cotton stocks suggest the market isn't out of the woods yet. Traders are eyeing global demand and crop season developments with cautious optimism.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.