Weekly Cotton Market Review, selected tables
MP_CN208
1/14/2021       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

                         2020-2021
                          Dec     Dec     Dec     Jan     Jan     Jan
                         11-17   18-24   25-31    1-7     8-14   15-21

Adjusted world price 1/  58.17   60.90   62.01   63.03   65.25   66.23
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  0.84    0.82    0.87    0.92    0.96    1.00
Fine count adjustment 20  0.79    0.77    0.82    0.87    0.91    0.95
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/
         Mar-21 May-21  Jul-21  Oct-21  Dec-21  Mar-22  Average Current

Jan  08  79.77   80.55   81.25   77.84   76.19   76.79   75.41   86.30    0.00
Jan  11  80.43   81.17   81.86   78.45   76.60   77.17   76.07   86.30    0.00
Jan  12  81.70   82.45   83.15   79.63   77.23   77.70   77.34   86.90    0.00
Jan  13  80.92   81.77   82.53   79.17   76.80   77.22   76.78   88.10    0.00
 Jan  14 81.15   82.00   82.75   79.15   76.80   77.17   77.01   87.35    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

Jan  08  78.27   77.27   77.27   74.77   74.77   72.52   73.02   75.41
Jan  11  78.93   77.93   77.93   75.43   75.43   73.18   73.68   76.07
Jan  12  80.20   79.20   79.20   76.70   76.70   74.45   74.95   77.34
Jan  13  79.92   78.92   78.92   75.92   75.92   73.67   74.17   76.78
 Jan  14 80.15   79.15   79.15   76.15   76.15   73.90   74.40   77.01
Source:  USDA, AMS, Cotton and Tobacco Program, Cotton Market News.


                                           0
                                        2019-2020       2020-2021
Description                             Through January Through January 7, 2021
                                          Week  Mkt. Yea  Week  Mkt. Year
Outstanding sales                          -    7,420,80   -    6,066,200
Exports                                 301,700 4,438,60274,600 5,798,000
   Total export commitments                -    11,859,4   -    11,864,200
New sales                               239,600    -    359,000    -
Buy-backs and cancellations              6,600     -    33,000     -
   Net sales                            232,900    -    326,000    -
Sales next marketing year                14,500 1,017,50 50,300 846,300

Net sales of 326,000 RB for 2020/2021 were up noticeably from the previous 
week and up 2 percent from the prior 4-week average.  Increases primarily for 
China (151,200 RB, including 2,900 RB switched from Hong Kong and decreases of 
15,400 RB), Pakistan (56,600 RB), Turkey (39,000 RB), Bangladesh (24,300 RB, 
including decreases of 6,000 RB), and Vietnam (23,800 RB, including decreases 
of 10,000 RB), were offset by reductions for Hong Kong (2,900 RB) and Malaysia 
(1,500 RB).  For 2021/2022, net sales of 50,300 RB were for Malaysia (22,000 RB), 
Guatemala (13,200 RB), Bangladesh (8,800 RB), and Peru (6,300 RB).  Exports of 
274,600 RB were up 2 percent from the previous week and from the prior 4-week 
average.  Exports were primarily to China (156,800 RB), Vietnam (40,800 RB), 
Pakistan (26,400 RB), Mexico (11,300 RB), and Turkey (11,000 RB).  Net sales 
of Pima totaling 35,900 RB--a marketing-year high--were up noticeably from the 
previous week and from the prior 4-week average.  Increases primarily for India 
(20,700 RB), Vietnam (8,800 RB), China (7,000 RB, including 2,600 RB switched 
from Hong Kong), Pakistan (1,300 RB), and Thailand (1,300 RB), were offset by 
reductions for Hong Kong (2,600 RB) and Bangladesh (1,500 RB).  For 2021/2022, 
total net sales of 400 RB were for India.  Exports of 10,300 RB were down 17 
percent from the previous week and 37 percent from the prior 4-week average.  
The destinations were primarily to China (5,200 RB), India (1,700 RB), Pakistan 
(1,500 RB), Peru (1,000 RB), and Egypt (700 RB).   

Exports for Own Account:  For 2020/2021, new exports for own account totaling 100 RB were to China.  The current exports for own account outstanding balance of 4,500 RB is for China.      


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