In other markets, cotton futures dropped and natural gas jumped.

Cotton futures recouped some of the 5.66-cent loss from last week.

Cotton futures bounced back sharply after two days of heavy losses.

He told reporters it was a "cinch" to make money on cotton futures.

Prices of cotton futures soared to a 10-year high.

Cotton futures had a strong advance, after the Government reported that worldwide supplies were far below expectations.

First private cotton futures trading exchange was established in Surendranagar.

Cotton futures fell the permitted daily limit of 2 cents a pound across the board.

Cotton futures rose the daily limit, aided by the dollar's decline.

Prices of cotton futures bounded higher on speculation that shortages could develop.