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United StatesDepartment ofAgriculture
ForeignAgriculturalService
Circular SeriesFOP 07 - 10July 2010
Franc-Zone Africa Exportable Supplies Stabilize
2%
4%
6%
8%
10%
12%
14%
16%
1
2
3
4
5
6
7
Millon480LBSBalese
Share World trade
Exportable Supply
Cotton:World Markets and Trade
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Prices
U.S spot prices remained relatively stableon light transaction volumes. The A-Indexhad shown continued growth as mill
searched out the last available supplies. In
late June, merchants stopped making quotesfor nearly all types of old crop cotton and
the A-Index for the current season stopped
being published.
TRADE CHANGES IN 2010/11
Major Exporters:
! United States is raised 800,000 bales to 14.3 million as crop conditions remain favorable.
! Uzbekistan is raised 200,000 bales to 3.8 million on a larger crop.
! Pakistan is lowered 300,000 bales to 400,000 on lower supplies.
! India is raised 100,000 bales to 5.9 million as export restrictions are lifted.
Major Importers:
!
Turkey is raised 300,000 bales to 3.3 million as stronger domestic demand is expected to carrythrough from the current season.
! China is raised 150,000 bales to 11.6 million based on delayed 2009/10 shipments from India.
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Foreign Agricultural Service/USDAOffice of Global Analysis
July 2010
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Foreign Agricultural Service/USDA