Cotton futures are up triple digits on pre-weekend profit taking by the bears. December cotton expires on Tuesday. USDA’s weekly Export Sales report showed 277,863 RBs of cotton booked on the week ending 11/26. That was down 22% on the week but just 2% below sales from the same week last MY. Cotton shipments remain strong with 181,000 RBs shipped on the week, maintaining the record pace which is now accumulated to 4.132m RBs. USDA’s Daily Spot Quotations report showed 17,365 bales sold at spot, for an average 66.68 cents. The Cotlook A index weakened another half cent on 12/3, down to 78.35. The week’s new AWP for cotton is 58.42 cents/lb.   

 --- provided by Brugler Marketing & Management