US cotton net export sales for week ended August 3 at 277,700 RB

NEW DELHI, Aug 10 : US cotton net sales were at 277,700 running bales (RB) for the week ended August 3 in the marketing year 2023/2024 starting August 1.

US cotton net sales were at 9,900 RB for the week ended July 27.

Increases primarily for China (154,100 RB, including decreases of 1,200 RB), Pakistan (132,800 RB, including decreases of 300 RB), Vietnam (13,900 RB, including 1,300 RB switched from South Korea and decreases of 100 RB), Honduras (11,900 RB, including decreases of 100 RB), and Turkey (5,200 RB, including decreases of 8,800 RB), were offset by reductions primarily for Bangladesh (50,200 RB) and El Salvador (3,100 RB).

For 2024/2025, total net sales of 3,000 RB were for El Salvador. A total of 2,152,500 RB in sales were carried over from the 2023/2024 marketing year, which ended July 31.

Exports for the period ending July 31 of 195,800 RB brought accumulated exports to 11,777,500 RB, down 11 percent from the prior years’ total of 13,179,100 RB. The destinations were primarily to China (136,900 RB), Bangladesh (21,300 RB), Pakistan (10,000 RB), Turkey (9,700 RB), and Vietnam (7,400 RB).

Exports for August 1-3 totaled 129,000 RB, with China (67,800 RB), Bangladesh (14,700 RB), Pakistan (6,300 RB), Turkey (6,100 RB), and El Salvador (5,200 RB) being the primary destinations.

Net sales of Pima for 2023/2024 totaled 900 RB. Increases were primarily for India (300 RB) and China (300 RB).

A total of 31,400 RB in sales were carried over from the 2022/2023 marketing year, which ended July 31.

Exports for the period ending July 31 of 2,100 RB brought accumulated exports to 305,000 RB, down 32 percent from the prior years’ total of 448,300 RB. The destinations were India (1,700 RB) and Pakistan (140 RB). Exports for August 1-3 totaled 1,000 RB, with India (900 RB) and Japan (100 RB) being the primary destinations.

Optional Origin Sales: For 2023/2024, the outstanding balance of 900 RB, all Pakistan.

Exports for Own Account: For 2023/2024, exports for own account totaling 800 RB to China were applied to new or outstanding sales. The current outstanding balance of 129,900 RB, including carryover, is for China (105,700 RB), Vietnam (11,700 RB), Pakistan (5,000 RB), South Korea (4,800 RB), India (1,500 RB), and Turkey (1,200 RB).