Weekly Cotton Market Review, selected tables
MP_CN208
9/19/2019       Memphis, TN     USDA Cotton and Tobacco Program, MND


World market prices for upland cotton, in cents per pound, in effect from 12:01 a.m., EDT, Frida

                        2019-2020
                          Aug     Aug    Aug 30   Sept    Sept    Sept
                         16-22   23-29   Sept 5   6-12   13-19   20-26

Adjusted world price 1/  52.22   52.57   51.45   51.57   52.28   54.62
Course count adjustment   0.00    0.00    0.00    0.00    0.00    0.00
Loan Deficiency Payment   0.00    0.00    0.55    0.43    0.00    0.00
Fine count adjustment 20  0.17    0.11    0.06    0.08    0.08    0.04
Fine count adjustment 20  0.02    0.00    0.00    0.00    0.00    0.00
1/  Color 41, leaf 4, staple 34, mike 35-36 & 43-49, strength readings of 26.0-28.9 grams per te
Source:  Farm Service Agency, USDA.


ICE futures contract settlement, designated spot market average for color 41, leaf 4, staple 34,
Far Eastern 'A' Index
        Color 41, Leaf 4, Staple 34                             Far Eastern
Date    Futures Settlement                              7-MarketA Index 1/
         Oct-19 Dec-19  Mar-20  May-20  Jul-20  Oct-20  Average Current

  Sep    61.63   62.28   62.78   63.44   64.07   64.57   57.92   73.55    0.00
  Sep    61.59   62.59   62.96   63.83   64.61   65.03   57.88   73.65    0.00
  Sep    60.12   61.38   61.86   62.91   63.79   64.24   59.09   73.70    0.00
  Sep    59.36   60.50   61.22   62.25   63.21   63.81   57.93   72.40    0.00
  Sep    58.99   60.33   61.06   62.08   63.06   63.65   57.76   71.50    0.00
1/ Far Eastern A Index furnished by Cotton Outlook of Liverpool.


        Color 41, Leaf 4, Staple 34
        Cents per Pound                                         7-Market
Date    SoutheasNorth DeSouth DeEast TX/West TexDesert SSJ ValleAverage

  Sep    61.63   60.63   60.63   56.63   56.63   54.38   54.88   57.92
  Sep    61.59   60.59   60.59   56.59   56.59   54.34   54.84   57.88
  Sep    62.38   61.38   61.38   58.88   58.88   55.13   55.63   59.09
  Sep    61.50   60.50   60.50   57.00   57.00   54.25   54.75   57.93
  Sep    61.33   60.33   60.33   56.83   56.83   54.08   54.58   57.76
Source:  USDA, AMS, Cotton and Tobacco Program, Cotton Market News.


                                           .
                                        2018-2019       2019-2020
Description                             Through SeptembeThrough September 12, 2019
                                          Week  Mkt. Yea  Week  Mkt. Year
Outstanding sales                          -    7,857,80   -    6,981,800
Exports                                 148,900 1,075,30166,600 1,425,400
   Total export commitments                -    8,933,10   -    8,407,200
New sales                               97,900     -    142,700    -
Buy-backs and cancellations               100      -    57,700     -
   Net sales                             97,800    -     85,000    -
Sales next marketing year                32,900 1,420,90 19,300 681,100

Net sales of 85,000 RB for 2019/2020 were up 14 percent from the previous week, but down 
38 percent from the prior 4-week average.  Increases were primarily for Mexico (43,300 RB, 
including decreases of 900 RB), Pakistan (20,400 RB), Costa Rica (15,200 RB), Turkey (14,300 RB), 
and Vietnam (11,000 RB, including 900 RB switched from Hong Kong, 400 RB switched from Japan, 
and decreases of 600 RB).  Reductions were for China (39,300 RB).  For 2020/2021, net sales 
of 19,300 RB were primarily for Bangladesh (13,200 RB), Colombia (2,300 RB), Costa Rica 
(2,300 RB), and Mexico (1,100 RB).  Exports of 166,600 RB were unchanged from the previous 
week, but down 27 percent from the prior 4-week average.  Exports were primarily to Vietnam 
(48,400 RB), Indonesia (29,500 RB), Mexico (19,200 RB), China (18,800 RB), and India 
(10,800 RB).  Net sales of Pima totaling 15,900 RB were up noticeably from the previous 
week and from the prior 4-week average.  Increases were primarily for Pakistan (10,200 RB), 
India (2,800 RB), Bahrain (2,200 RB), and China (700 RB, switched from Hong Kong).  
Reductions were reported for Hong Kong (700 RB) and Germany (300 RB).  Exports of 7,200 RB 
were up 57 percent from the previous week and 6 percent from the prior 4-week average.  
The primary destinations were India (3,500 RB), China (1,600 RB), Bangladesh (400 RB), 
Thailand (400 RB), and Italy (300 RB).   

Exports for Own account:  For 2019/2020, new exports for own account totaling 1,200 RB 
were to Indonesia.  Exports for own account totaling 1,200 RB to Indonesia were applied 
to new or outstanding sales.  Decreases were reported for India (1,200 RB).  The current 
exports for own account outstanding balance of 4,300 RB is for China (2,300 RB), India 
(1,000 RB), and Vietnam (1,000 RB).


USDA, AMS Cotton and Tobacco Program, Cotton Market News Division
3275 Appling Rd
Memphis, TN  38133
www.ams.usda.gov/cnmnreports