Weekly Cotton Market Review, selected tables
MP_CN208
9/20/2018       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

                         2018-2019
                          Aug     Aug    Aug 31   Sep     Sep     Sep
                         17-23   24-30   Sep 6    7-13   14-20   21-27

Adjusted world price 1/  75.45   73.83   74.26   73.77   73.79   71.59
Course count adjustment   0.00    0.00    0.00    0.00    0.00    0.00
Loan Deficiency Payment   0.00    0.00    0.00    0.00    0.00    0.00
Fine count adjustment 20  0.77    0.82    0.75    0.66    0.68    0.80
Fine count adjustment 20  0.82    0.87    0.80    0.71    0.73    0.85
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-18 Dec-18  Mar-19  May-19  Jul-19  Oct-19  Average Current        0

Sep 14   81.90   81.83   82.14   82.64   83.05   79.02   78.19   91.10    0.00
Sep 17   81.51   81.31   81.64   82.20   82.67   78.67   77.63   91.30    0.00
Sep 18   79.15   78.52   79.13   79.89   80.51   76.80   74.84   90.80    0.00
Sep 19   79.63   78.72   79.15   79.87   80.54   76.80   75.04   88.15    0.00
Sep 20   79.07   78.47   78.91   79.58   80.23   76.72   74.79   88.30    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 14   81.40   80.40   80.40   76.40   75.90   76.15   76.65   78.19
Sep 17   81.06   80.06   80.06   75.31   75.31   75.56   76.06   77.63
Sep 18   78.27   77.27   77.27   72.52   72.52   72.77   73.27   74.84
Sep 19   78.47   77.47   77.47   72.72   72.72   72.97   73.47   75.04
Sep 20   78.22   77.22   77.22   72.47   72.47   72.72   73.22   74.79
Source:  USDA, AMS, Cotton and Tobacco Program, Cotton Market News.


                                        Marketing Years
                                        2017-2018       2018-2019
Description                             Through SeptembeThrough September 13, 2018
                                          Week  Mkt. Yea  Week  Mkt. Year
Outstanding sales                          -    5,898,20   -    7,857,800
Exports                                 175,700 1,141,00148,900 1,075,300
   Total export commitments                -    7,039,20   -    8,933,100
New sales                               228,200    -    97,900     -
Buy-backs and cancellations              8,300     -      100      -
   Net sales                            219,900    -     97,800    -
Sales next marketing year                37,100 716,800  32,900 1,420,900

Net sales of 97,800 RB for 2018/2019 were up 20 percent from the previous week, 
but down 24 percent from the prior 4-week average.  Increases were reported 
for Vietnam (25,500 RB, including 900 RB switched from Taiwan), Mexico (18,500 RB), 
Pakistan (15,300 RB), Bangladesh (13,100 RB, including decreases of 100 RB), and 
Thailand (8,700 RB).  Reductions were reported for Taiwan (900 RB).  For 2019/2020, 
net sales of 32,900 RB were reported for Thailand (23,300 RB), Mexico (8,400 RB), 
Guatemala (800 RB), and China (400 RB).  Exports of 148,900 RB were up 10 percent 
from the previous week, but down 7 percent from the prior 4-week average.  Exports 
were reported primarily to Vietnam (43,700 RB), Indonesia (19,200 RB), China (16,200 RB), 
Mexico (16,100 RB), and Pakistan (8,800 RB).  Net sales of Pima totaling 3,300 RB 
for 2018/2019 were down 42 percent from the previous week and 61 percent from the 
prior 4-week average.  Increases reported for Peru (1,800 RB), India (800 RB), 
China (600 RB), and Vietnam (300 RB, switched from Japan), were partially offset 
by reductions for Japan (300 RB).    For 2019/2020, net sales of 400 RB were 
reported for Peru.  Exports of 8,700 RB were up noticeably from the previous 
week and 50 percent from the prior 4-week average.  The primarily destinations 
were India (3,500 RB), Thailand (2,400 RB), and Pakistan (1,200 RB).    

Optional Origin Sales:  For 2018/2019, the current optional origin outstanding 
balance is for Vietnam (1,800 RB).     

Exports for Own Account:  The current exports for own account outstanding balance 
is 7,400 RB, all China.   



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