bullishMarch 12, 2026 07:41 PMStock Market Updates
Cotton Holding Gains at Midday
SourceNasdaq
Original Article AI Executive Summary
Cotton futures are seeing a solid rise, gaining between 10 to 20 points during Thursday's session. The increase in cotton prices coincides with a significant rally in crude oil, which has risen by $7.77, reaching $95.01. Additionally, the US dollar index has climbed, suggesting broader market movements. Export sales data for cotton showed total sales of 253,177 RB in the week ending March 5. These factors contribute to a positive sentiment around cotton futures in the trading market.
Trader Insight
"Trade long positions in cotton futures and consider exposure to oil commodities via ETF like USO."