$CTRR

Cotton futures are experiencing losses of 1 to 9 cents, despite initial gains earlier in the trading session. The decline comes amid a slight decrease in the US dollar index, which may not be enough to support cotton prices. Crude oil prices are on the rise, potentially increasing production costs for cotton growers. Recent Crop Progress data indicates that 5% of the US cotton crop has been reported, which could influence market expectations. Overall, the cotton market is facing bearish sentiment in the short term.