United States

Department of
Agriculture

Foreign
Cotton:
Agricultural
Service World Markets and Trade
Circular Series
FOP 06 - 10
June 2010

Turkey 2009/10 Imports Return to Near Record

But United States Loses Market Share

Turkey’s imports during the first nine months of 2009/10 have rebounded sharply as the
global economic situation improved, textile demand grew, and Turkish spinners looked for
more cotton. Very tight domestic supplies forced spinners into the import market, and as a
result, imports in recent months have reached near record levels.

U.S. cotton has not benefited from the recent surge in the import demand; the U.S. share in
the first three quarters dropped below 50 percent. The surge came at a time when U.S.
stocks have fallen to their lowest level in 15 years, limiting the potential to capture this
increased demand. Historically, the United States has maintained over a 60 percent
market share of Turkish imports.

Approved by the World Agricultural Outlook Board/USDA

 Prices
U.S spot prices have leveled
off in recent weeks. However,
the A-Index has continued to
climb during May and into
June.

TRADE CHANGES IN 2010/11

Major Importers:

! Turkey is raised 300,000 bales to 3.0 million as stronger domestic demand is expected to carry
through from the current season.

! Mexico is lowered 100,000 bales to 1.5 million due to increased domestic supply.

TRADE CHANGES IN 2009/10

Major Exporters:

! India is raised 200,000 bales to 6.4 million as export restrictions are relaxed.

! United States is raised 250,000 bales to 12.25 million on strong global demand.

Major Importers:

! Turkey is raised 300,000 bales to 3.9 million on stronger domestic demand and extremely limited
domestic stocks.

! China is raised 800,000 bales to 10.8 million due to increased purchase activity.

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


         
   


         
         


         
         


         


         
         


         


         
         


         
         


         
         
         


         
         


         


         
         


         
         

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


         
   


         
         


         
         


         
         


         
         
         
         
         
         
         
         
         
         
         
         
         
         
         


         


         


         
         
         
         


         

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


         
   

         


         
         


         
         


         
         




         
         
         
         
         
         
         
         
         
         
         
         
         
         
         

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


 
     

 
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


 
     

 
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      
      
      
      
 
      
      
      
      
      
      
      
      
      

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        


        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        


        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        


        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        


        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
 


        

  



        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

        

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
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

           
    


           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           
           

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010
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

          
   


          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          
          

Foreign Agricultural Service/USDA

Office of Global Analysis June 2010