Weekly Cotton Market Review, selected tables
MP_CN208
5/6/2021        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
                          Apr     Apr     Apr     Apr    Apr 30   May
                          2-8     9-15   16-22   23-29   May 6    7-13

Adjusted world price 1/  65.59   64.92   68.16   70.49   73.71   71.39
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  0.59    0.38    0.48    0.56    0.74    1.00
Fine count adjustment 20  0.54    0.33    0.43    0.51    0.69    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/
         May-21 Jul-21  Oct-21  Dec-21  Mar-22  May-22  Average Current

Apr    3 87.43   88.08   86.47   85.06   84.31   83.60   83.90   91.90    0.00
May   03 87.21   87.86   87.02   85.20   84.56   83.96   83.68     -      0.00
May   04 86.17   87.17   86.67   85.06   84.38   83.75   82.99   93.05    0.00
May   05 86.23   87.33   87.01   85.40   84.68   84.04   83.15   92.30    0.00
May   06 89.48   90.58   88.72   86.72   85.82   85.08   86.40   92.30    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

Apr    3 86.83   85.83   85.83   83.08   83.08   81.08   81.58   83.90
May   03 86.61   85.61   85.61   82.86   82.86   80.86   81.36   83.68
May   04 85.92   84.92   84.92   82.17   82.17   80.17   80.67   82.99
May   05 86.08   85.08   85.08   82.33   82.33   80.33   80.83   83.15
May   06 89.33   88.33   88.33   85.58   85.58   83.58   84.08   86.40
Source:  USDA, AMS, Cotton and Tobacco Program, Cotton Market News.


                                           0
                                        2019-2020       2020-2021
Description                             Through April 30Through April 29, 2021
                                          Week  Mkt. Yea  Week  Mkt. Year
Outstanding sales                          -    5,608,10   -    3,929,000
Exports                                 370,300 10,316,1456,600 11,284,000
   Total export commitments                -    15,924,2   -    15,213,000
New sales                               426,600    -    135,300    -
Buy-backs and cancellations             56,300     -    71,700     -
   Net sales                            370,300    -     63,700    -
Sales next marketing year                55,900 2,436,50 61,200 1,734,900

Net sales of 63,700 RB for 2020/2021 were down 17 percent from the previous week and 56 
percent from the prior 4-week average.  Increases primarily for Pakistan (16,200 RB), 
Bangladesh (15,400 RB), Indonesia (10,600 RB, including 400 RB switched from Japan), 
Mexico (9,000 RB), and Turkey (7,600 RB, including decreases of 2,800 RB), were offset 
by reductions for Vietnam (13,500 RB), China (4,000 RB), and Hong Kong (2,300 RB).  
For 2021/2022, net sales of 61,200 RB were primarily for Bangladesh (21,600 RB), Pakistan 
(15,400 RB), Thailand (10,600 RB), Honduras (4,600 RB), and Nicaragua (3,700 RB).  
Exports of 456,600 RB--a marketing-year high--were up 34 percent from the previous 
week and 35 percent from the prior 4-week average.  Exports were primarily to China 
(155,000 RB, including 78,600 RB - late), Vietnam (84,100 RB), Pakistan (47,500 RB), 
Turkey (39,200 RB), and Mexico (27,100 RB).  Net sales of Pima totaling 11,300 RB 
were up noticeably from the previous week and from the prior 4-week average.  
Increases were primarily for India (3,500 RB, including decreases of 100 RB), 
Turkey (3,500 RB), Vietnam (2,200 RB), Greece (900 RB), and El Salvador (400 RB).  
For 2021/2022, total net sales of 200 RB were for El Salvador.  Exports of 24,700 RB 
were up 70 percent from the previous week and 37 percent from the prior 4-week 
average.  The destinations were primarily to China (10,700 RB), India (5,700 RB), 
Peru (1,800 RB), Pakistan (1,600 RB), and Thailand (900 RB).  

Exports for Own Account:  For 2020/2021, new exports for own account totaling 
4,900 RB were for Vietnam.  The current exports for own account outstanding balance 
of 17,500 RB is for Vietnam (9,500 RB), China (7,600 RB), and Bangladesh (400 RB).

Late Reporting: For 2020/2021, exports totaling 78,600 RB of upland cotton were reported late to China.               


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