Cotton futures are 13 to 53 points higher this morning on a little pre-weekend profit taking by the bears. At the closing bell on Thursday, cotton futures were down 45 to 57 points. 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 was firm at 78.85 cents for 12/2. The week’s new AWP for cotton is 58.42 cents/lb after a 21 point drop by FSA.