USDA logo USDA Foreign Agricultural Service Cotton: World Markets and Trade

Export Sales Increase as U.S. and World Prices Decline

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* Three week moving average

Export sales started the current marketing year off at a slow pace after prices recovered from a 5-year decline. However, recent strong net sales brought total commitments in line with export forecast expectations. Lower cotton prices in general, and more competitive U.S. prices helped stimulate these sales. The 3-week moving average of U.S. net weekly export sales rose from August through mid-October as U.S. prices declined and the gap between the U.S. price and the A-index narrowed. The gap between the A-index and the average of the Memphis and CA/AZ prices averaged over 800 points during August, but dropped to under 600 by mid-October. Net export sales were flat during November and December as prices increased, while the price gap narrowed to around 400 points. Net sales since the beginning of the year, while quite variable, trended strongly upward, while U.S. prices and the A-index fell steadily leaving the price gap relatively unchanged.

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TABLE OF CONTENTS

U.S. Cotton Outlook

World Cotton Outlook

Cotton Prices

U.S. Cotton Highlights

Most statistical tables contained in this circular may be viewed in Adobe Acrobat format ® (.pdf) or downloaded as Lotus 1-2-3 ® spreadsheets (.wk3).

Tables

 

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Most statistical tables are available in Adobe Acrobat and Lotus version 3 format. You may need to GET the Acrobat reader.

Download the trade tables in Lotus 123 version 4 format. Please note that some versions of Netscape Navigator will change the filename extension; if this happens, you MUST rename the file to .wk4 to access it.

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Last modified: Sunday, March 17, 2013