Cotton futures experienced a calm day on Thursday, with most contracts fluctuating within five points of their previous closing prices. However, the December contract dipped by sixty-two points, anticipating Fridays first notice day. In related markets, crude oil futures decreased by seventeen cents a barrel, settling at fifty-nine dollars and twenty-seven cents, while the US dollar index slightly increased by nine thousandths of a point to one hundred point one six zero.This weeks export sales data for cotton revealed a robust performance, with nearly two hundred thousand bales sold for export, marking the third highest weekly total for the current marketing year. Additionally, actual export shipments reached a marketing year high of over one hundred fifty-seven thousand bales during the same period.An online auction held on November nineteenth by The Seam reported the sale of over five thousand seven hundred bales, fetching an average price of just under fifty-nine cents per pound. The Cotlook A Index, a key global benchmark for cotton prices, also increased, rising thirty-five points on November nineteenth to seventy-four point six five cents.Certified cotton stocks remained steady on Wednesday, holding at just over twenty thousand bales. The Adjusted World Price for cotton was updated this afternoon, dropping by one hundred three points from the previous week to fifty point eight zero cents per pound, effective starting Friday and lasting through next Thursday.In summary, the cotton market is displaying a mix of stability and minor adjustments, with strong export numbers providing positive news amidst slight price fluctuations in various contracts.

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