Latest / The Commodities Economy with Fexingo: Oil, Gold, Wheat, and Raw Material Markets
Why Natural Gas Is Getting Crushed While Cotton Surges
July 2026 is delivering a strange divergence in commodity markets: cotton is surging past 80 cents while natural gas is getting hammered. Lucas and Luna dig into the specific dynamics driving each—cotton benefiting from a combination of weather damage, speculator positioning, and strong demand from Asian mills, versus natural gas suffering from record production and mild summer demand. They explore what the cotton rally says about global economic resilience, why the gas selloff might be overdone, and what traders should watch next. Along the way, they explain how the Federal Reserve's…
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