Cotton futures broke out of the market's recent lethargy Friday, jumping to a triple-digit closing gain on improved volume.
Benchmark March gained 156 points to settle at 80.41 cents, its highest close since Oct. 28 and 11 ticks off the high of its 168-point range from down a point at 78.84 to up 167 points at 80.52 cents. The high matched its intraday high of Nov. 6.
December expired 103 points under March. For the week, March gained 106 points and was up 376 points from its seasonal low last month.
Stronger-than-expected U.S jobs data, a continued decline in certificated ...