Cotton FuturesCotton FuturesCotton Futures

Cotton Futures

No trades
See on Supercharts

Cotton Futures forum

CT1! Close to the daily short countertrend to be broken.
Snapshot

CT1! cotton is ignored by funds and people don't expect any turnaround in the near future may 2025/2026.

With an increase in inflation and water scarcity alone the 2023 bottom should be at least $96.36. When this is combined with fertilizer shortages and supply line restraints, the 2023 market price may likely head much higher than $96.36; perhaps near $106.66 for the peak at some point in 2023. Then it will likely return to around $96.36 on average.