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Cotton futures were 48 to 151 points higher on Thursday. Export sales of US upland cotton totaled 186,579 RB during the week of Nov 30. That was down 32.52% from the previous week and 53.96% lower that this time last year. China was shown to have a net reduction of 39,700 RB, while Pakistan purchased 50,400 RB. All upland cotton shipments were at a MY high of 246,763 RB, which was more than double last week and 7.44% larger than last year. The USDA also reported 50,368 RB in 2018/19 sales. The USDA Adjusted World Price (AWP) was updated to 65.03 cents/lb, up 81 point from the previous week. Online cash sales rose to 22,987 bales reported on the Seam, as prices dropped 20 points to 69.26 cents/lb. The Cotlook A index was unchanged from the previous day on December 6 to 82.95 cents/lb.

Mar 18 Cotton closed at 74.230, up 151 points,

May 18 Cotton closed at 74.640, up 125 points

Oct 18 Cotton closed at 73.260, up 85 points

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