Fund buying amid positive outside influences propelled cotton futures to new continuation and seasonal highs Wednesday.
Most-active December settled up 121 points to 87.41 cents after trading within a 189-point range from down 19 points at 86.01 to up 170-points at 87.90 cents. This marked its second rally high in a row and the fourth in the last five sessions.
The market resumed the uptrend after lower closes following new rally highs in two of the three previous sessions had been seen as a possible sign that a correction might be near.
Spot October gained 105 points to close at ...