NEW DELHI, April 25: US cotton net sales were at 177,100 running bales (RB) for the week ended April 18 in the marketing year 2023/2024 starting August 1, up 21 percent from the previous week and 73 percent from the prior 4-week average.
US cotton net sales were at 146,100 RB for the week ended April 11.
Increases were primarily for China (94,700 RB, including decreases of 500 RB), Pakistan (26,800 RB, including decreases of 100 RB), Vietnam (14,200 RB, including 100 RB switched from Japan and decreases of 1,000 RB), Turkey (9,700 RB), and Taiwan (5,500 RB).
Net sales of 65,700 RB for 2024/2025 were primarily for China (22,000 RB), Honduras (12,100 RB), Turkey (11,000 RB), Mexico (10,000 RB), and Guatemala (4,900 RB).
Exports of 261,700 RB were down 2 percent from the previous week and 18 percent from the prior 4-week average. The destinations were primarily to China (99,800 RB), Pakistan (39,100 RB), Turkey (27,000 RB), Vietnam (24,900 RB), and Bangladesh (24,600 RB).
Net sales of Pima totaling 12,500 RB for 2023/2024 were up noticeably from the previous week and up 94 percent from the prior 4-week average.
Increases were primarily for Vietnam (5,200 RB), China (4,500 RB), India (2,300 RB, including decreases of 300 RB), Guatemala (200 RB), and Germany (100 RB).
Exports of 10,100 RB were up 73 percent from the previous week and 29 percent from the prior 4-week average. The destinations were primarily to China (3,800 RB), India (3,700 RB), Peru (1,300 RB), Turkey (800 RB), and Pakistan (400 RB).
Optional Origin Sales: For 2023/2024, the current outstanding balance of 4,400 RB, all Bangladesh. For 2024/2025, the current outstanding balance of 8,800 RB, all Pakistan.
Exports for Own Account: For 2023/2024, new exports for own account totaling 700 RB were to China. The current exports for its own account outstanding balance of 67,900 RB are for China (44,600 RB), Vietnam (14,700 RB), Pakistan (5,000 RB), South Korea (2,400 RB), and Turkey (1,200 RB).
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