bearishMarch 13, 2026 06:56 PMStock Market Updates

Cotton Rallying at Midday

SourceNasdaq
Original Article

AI Executive Summary

Cotton futures are experiencing significant losses, with declines ranging from 50 to 85 points across various contracts. The rise in crude oil prices and an increase in the US dollar index may also negatively influence cotton prices. Additionally, cotton export commitments have decreased by 10% compared to last year, indicating weakening demand. This combination of factors suggests a bearish outlook for the cotton market. Traders may want to consider shorting cotton-related stocks in light of these developments.

Trader Insight

"Consider shorting cotton ETFs or related commodity stocks due to bearish market conditions and declining export sales."

Market Impact

Impact Score7/10

Affected Stocks

  • $TEXnegative

    Texas-based textile companies may face profitability issues due to falling cotton prices.

  • $BURLnegative

    Burlington Stores, which sells cotton-based apparel, might see reduced margins as cotton prices decline.

  • $PSTGneutral

    Primary Steel and Cotton Growth is insulated from cotton price fluctuations due to their diversified portfolio.

Tags

#cotton#futures#crude oil#export#markets
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