Weak Demand Has Hurt Cotton Prices. 1 Trade Idea Here.

March cotton futures (CTH26) present a selling opportunity on more price strength. See on the daily bar chart for March cotton futures that prices are trending lower and are not that far above the recent contract low. Bears have the solid overall near-term technical advantage. More News from Barchart Fundamentally, weak U.S. cotton export sales numbers – including to major cotton importer China – amid changing consumer apparel trends that are favoring synthetic fibers more and more over cotton, are sign ...