1458 EDT [Dow Jones]--Cotton futures continued their volatile movement,
gaining the maximum allowable amount Wednesday on a surge in mill demand. After
watching prices fall Tuesday in response to China's interest rate hike, buyers
re-entered the market and pushed futures higher once again. Since hitting an
all-time high on Friday, prices have consolidated some but show no signs of
pulling back significantly. ICE December futures settled 4 cents, or 3.6%,
higher at $1.1426 a pound.