Cotton Market Gains: Harvest Ahead, Conditions Improve
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Cotton futures climbed on Monday, buoyed by a weaker dollar and rising crude oil. US crop progress is ahead of schedule with improved conditions; 54% of the crop is now rated good or excellent. The Cotlook A Index edged up, while the USDA's Adjusted World Price slid. Traders are eyeing weather and global demand as harvest accelerates. Hosted on Acast. See acast.com/privacy for more information.