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Cotton futures rose 0.36% on November 11, while the domestic spot price remained above the lead futures contract. Analysts said futures had rebounded with support from the basis, but new-crop arrivals are easing near-term supply and weak textile demand is limiting the upside.
USDA’s November outlook lowered global 2026/27 cotton production by nearly 500,000 bales, mainly due to reduced estimates for the United States, India and Turkey.
The lower global production estimate is supportive for cotton supply, but seasonal availability and soft textile demand are restraining prices. The listed commodities do not include cotton, so no commodity direction is assigned.
goodsfu.10jqka.com.cnNov 11, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
