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US Cotton Net Export Sales For Apr 12-18 Up 10% W/W At 239,000 RB

25 Apr 2019 6:02 pm
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NEW DELHI (Commoditiescontrol) - US net cotton sales were at 239,000 RB for the week ended April 18 in the marketing year 2018/2019, up 10 percent from the previous week, but down 9 percent from the prior 4-week average.

US net cotton sales were at 217,600 RB for the week ended April 11.

US net cotton sales for the week ended April 18, were down 23.40 percent compared to the same week in a year ago. US net cotton sales were at 312,000 RB for the week ended April 19, i.e. (April 13-19) in the marketing year 2017/2018.

Increases were reported for Turkey (88,400 RB), India (74,600 RB), Vietnam (28,500 RB, including 700 RB switched from China), Indonesia (15,900 RB, including 1,100 RB switched from Vietnam, 1,000 RB switched from Japan, 300 RB switched from China, and decreases of 300 RB), and China (13,100 RB, including decreases of 2,200 RB).

Reductions were for Japan (1,700 RB). For 2019/2020, net sales of 48,900 RB were primarily for Vietnam (22,000 RB) and China (17,600 RB). Exports of 318,000 RB were down 7 percent from the previous week and 16 percent from the prior 4-week average.

Exports were primarily to Vietnam (75,900 RB), Pakistan (43,400 RB), China (38,300 RB), Turkey (38,000 RB), and Bangladesh (26,200 RB). Net sales of Pima totaling 10,500 RB were down 26 percent from the previous week and 54 percent from the prior 4-week average.

Increases were primarily for India (4,300 RB), Hong Kong (2,200 RB), Pakistan (1,400 RB), and Peru (1,100 RB). For 2019/2020, total net sales of 1,300 RB were for India. Exports of 11,000 RB were down 5 percent from the previous week and 24 percent from the prior 4-week average. The destinations were China (4,300 RB), Peru (1,500 RB), Turkey (1,300 RB), India (1,300 RB), and Pakistan (1,300 RB).

Export of own account: For 2018/2019, the current exports for own account outstanding balance of 4,400 RB is for China (2,300 RB), Vietnam (1,800 RB), and Thailand (300 RB).

(By Commoditiescontrol Bureau)


       
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