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US Cotton Weekly Net Export Sales Down 39% W/W At 228,200 RB

7 Feb 2019 7:37 pm
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NEW DELHI (Commoditiescontrol) - US net cotton sales were at 228,200 RB for the week ended December 27 in the marketing year 2018/2019, down 39 percent from the previous week, but up 39 percent from the prior 4-week average.

US net cotton sales were at 373,100 RB for the week ended December 20.

Increases were reported for Pakistan (52,800 RB), Turkey (49,200 RB, including decreases of 1,700 RB), India (35,500 RB), China (28,400 RB, including decreases of 13,400 RB), and Mexico (23,800 RB). For 2019/2020, net sales of 32,200 RB were reported for Mexico (29,000 RB), Japan (2,300 RB), and Thailand (900 RB).

Exports of 189,800 RB were down 8 percent from the previous week, but up 13 percent from the prior 4-week average. Exports were primarily to Vietnam (34,500 RB), Pakistan (31,400 RB), Indonesia (23,000 RB), China (19,600 RB), and Turkey (16,600 RB).

Net sales of Pima totaling 8,300 RB for 2018/2019 were up 6 percent from the previous week, but down 35 percent from the prior 4-week average. Increases were reported for India (4,100 RB), China (1,300 RB), Thailand (1,000 RB), and Pakistan (1,000 RB).

Exports of 12,500 RB were down 15 percent from the previous week and 6 percent from the prior 4-week average. The destinations were primarily to China (5,400 RB), Peru (3,000 RB), and India (2,900 RB).

Optional Origin Sales: For 2018/2019, the current outstanding balance of 900 RB is for Vietnam.

Exports for Own Account: For 2018/2019, exports for own account to China totaling 400 RB were applied to new or outstanding sales. The current exports for own account outstanding balance is 5,100 RB, all China.

(By Commoditiescontrol Bureau)

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