Risk-off mood drags ICE Cotton 2.02% lower

A quick look at Friday: Cotton decreases 2.02% to close at $77.56 per pound Friday.

The Cotton future reached a significant high of $154.89 around 10 months ago but has lost 48.89% since then.

Cotton's value drop coincided with the fact that Coffee is down to $176.65, losing $3.4, after ending the previous session around $180.05. Sugar is down to $20.67, losing 9 cents, after ending the previous session around $20.76.

Though Cotton has been dropping, other Softs have been performing better: notably, Cocoa rose 1.86% Friday and closed at $2,688.