Weekly Cotton Market Review, selected tables
MP_CN208
9/13/2018       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    Aug 31   Sep     Sep
                         10-16   17-23   24-30   Sep 06  07-13   14-20

Adjusted world price 1/  79.67   75.45   73.83   74.26   73.77   73.79
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  0.64    0.77    0.82    0.75    0.66    0.68
Fine count adjustment 20  0.69    0.82    0.87    0.80    0.71    0.73
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 07   82.13   81.99   82.40   82.72   82.96   78.58   78.42   91.00    0.00
Sep 10   83.93   83.85   84.17   84.43   84.63   80.02   80.22   91.70    0.00
Sep 11   83.03   82.89   83.31   83.68   83.95   79.52   79.32   93.40    0.00
Sep 12   82.76   82.64   83.03   83.36   83.59   79.27   79.05   92.40    0.00
Sep 13   81.62   81.51   81.97   82.44   82.85   78.87   77.91   92.15    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 07   81.63   80.63   80.63   76.63   76.13   76.38   76.88   78.42
Sep 10   83.43   82.43   82.43   78.43   77.93   78.18   78.68   80.22
Sep 11   82.53   81.53   81.53   77.53   77.03   77.28   77.78   79.32
Sep 12   82.26   81.26   81.26   77.26   76.76   77.01   77.51   79.05
Sep 13   81.12   80.12   80.12   76.12   75.62   75.87   76.37   77.91
Source:  USDA, AMS, Cotton and Tobacco Program, Cotton Market News.


                                        Marketing Years
                                        2017-2018       2018-2019
Description                             Through SeptembeThrough September 6, 2018
                                          Week  Mkt. Yea  Week  Mkt. Year
Outstanding sales                          -    5,854,10   -    7,908,900
Exports                                 108,500 965,300 135,700 926,500
   Total export commitments                -    6,819,40   -    8,835,400
New sales                               67,900     -    86,100     -
Buy-backs and cancellations              2,600     -     4,300     -
   Net sales                             65,200    -     81,700    -
Sales next marketing year                26,400 679,700  17,700 1,388,000

Net sales of 81,700 RB for 2018/2019 were down 11 percent from the previous week 
and 36 percent from the prior 4-week average.  Increases were reported for Mexico 
(22,300 RB), Indonesia (13,800 RB, including decreases of 100 RB), Vietnam (13,500 RB, 
including 1,500 RB switched from Hong Kong and 900 RB switched from Taiwan), and Taiwan 
(10,500 RB).  Reductions were reported for Japan (3,800 RB), Hong Kong (1,500 RB), and 
China (1,300 RB).  For 2019/2020, net sales of 17,700 RB were reported for Thailand (8,400 RB), 
Mexico (7,100 RB), and Indonesia (2,200 RB).  Exports of 135,700 RB were down 24 percent 
from the previous week and 27 percent from the prior 4-week average.  Exports were reported 
primarily to Vietnam (33,300 RB), Pakistan (17,400 RB), Mexico (17,200 RB), China (16,500 RB), 
and Indonesia (15,400 RB).   Net sales of Pima totaling 5,800 RB for 2018/2019 were down 45 
percent from the previous week and 26 percent from the prior 4-week average.  Increases were 
reported for India (2,400 RB), China (2,000 RB), and Peru (1,100 RB).  Exports of 2,800 RB 
were down 73 percent from the previous week and 55 percent from the prior 4-week average.  
The primarily destinations were India (2,000 RB), Egypt (400 RB), and Bangladesh (300 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