According to the United States Department of Agriculture Secretary agro cotton market weekly, January 30, 2009 -2, 5 day a week the average price of spot cotton declined 141 points last week. As of Thursday (February 5) basic quality of cotton (chroma 41, leaf cuttings 4, fiber 34, Micronaire 35-36 and 43-49, strength 26.5-28.4, uniformity 81) in the seven designated markets week the average price of 45.19 cents per pound. Week average price lower than the average price of 46.60 cents last week, and year-on-year average 62.69 cents a week. Day average this week, the lowest point in the Friday (January 30) of 44.97 cents, the highest point in the Monday (February 2) of 45.33 cents.
 
As of February 5 The End of the week, the daily spot cotton prices in the spot report of the total turnover of 6381 package, compared with 35,029 last week, closing package, the same week the previous year turnover of 65,146 packets. Spot was the cumulative turnover of 601,199 packets, compared to the same period last year a total of 1,105,228 packets transactions. ICE New York Thursday March cotton settlement price 49.71 cents, compared with last week’s settlement price of 50.07 cents.
 
The southeastern market. Spot transactions in the doldrums. Offer moderate growers. Moderate demand. Local average prices. For moderate volume. The interests of CCC-loan-free transaction.
 
Central and southern markets. Little cotton spot trading. Growers offer atrophy. Little demand. Local spot prices. The interests of CCC-loan-free transaction. Domestic and foreign textile agents rarely Inquiry. No sales reports.
 
South-west of the market. Eastern Texas / Oklahoma spot trading slow. Offer moderate growers. Reduced demand. Eastern Texas / Oklahoma state average prices. The interests of CCC-loan transactions in the doldrums.
 
West Texas cotton spot trading slow. The interests of CCC-loan transactions in the doldrums. Local average prices. The shipper and broker said that the first two weeks of high volume of inventory, the recent improvement in export has been fully commissioned.
 
SJV cotton spot trading Basin inactive. Cotton in 2008 for the huge demand, very few. Local average prices. Inquiry few foreign textile mills. No long-term contract or report acts of domestic textile mills.
 
Southwestern desert areas (DSW) upland cotton spot trading is not active. The interests of CCC-loan transactions in the doldrums. In 2008 for the huge cotton. Little demand. The average price of local weakness. No long-term contract or report acts of domestic textile mills.
 
American Pima spot transaction is not active. The report offers no producers. Huge supply of cotton in 2008. Little demand. The local average price stability. Inquiry few foreign textile mills.
 
Mill report. Domestic textile mills Inquiry only a small number of buyers. Most textile mills have been added into the immediate – the recent production of raw cotton. As a result of poor product sales, several textile mills plan to overhaul longer. Some buyers to postpone the time of delivery of raw cotton. Reports indicate that some factories have repealed some of the early signing of the summer delivery of cotton.
 
Inquiry export channels by small to moderate. China textile agent consultation green card the U.S. Department of Agriculture grading cotton (chroma 31, leaf litter 3, fiber 35 – more) the number of moderate and delivery in March. Taiwan textile buyers consult a small number of green cards the U.S. Department of Agriculture grading of cotton (chroma 51, leaf cuttings 4, fiber 33), immediate delivery. Indonesian textile buyers exercise the right amount of cotton in March delivery sources (chroma 31, leaf litter 3, fiber 36).