Tag: USDA cotton outlook
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Cotton futures rebound strongly amid short covering and falling stocks
Prices jump as December contract rises ~99 points; supply-demand balance turns supportive Ginners gain pricing power while spinning millers and brokers prepare for near-term volatility Cotton futures posted a strong recovery on Tuesday, with most active contracts gaining between 20–25 points and the benchmark December contract surging nearly 99 points. This sharp upside move came…