# Cotton closes up 0.36% intraday; analysts say rebound has limited upside

> 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.

- Date: 2026-11-11 · published 2026-11-11T09:10:31.049Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/93279-cotton-closes-up-0-36-intraday-analysts-say-rebound-has-limited-upside
- Commodities: [Whole Cottonseed](https://feedsoft.ai/c/WCOTTONSEED.md)

## Why it matters

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.

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261111/c681700227.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.