Cotton futures jumped abruptly from quiet early dealings to triple-digit gains Wednesday and settled at a 10-session high close in most-active March.
March closed up 72 points at 60.03 cents, in the upper half of its 144-point range from down 20 points at 59.11 to up 124 points at 60.55 cents. It closed at its highest finish since Nov. 12.
Maturing December led the advance, closing up 175 points to 61.41 cents. It traded to premiums over March as wide as 215 points and closed at a 138-point inversion, up 103 points.
Volume increased to an estimated 21,100 lots from ...