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U.S. Weekly Cotton Export Rises 170% to 354,700 RB; Pima Sales Upped Noticeably

27 Nov 2020 7:33 pm
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Mumbai (Commodities Control) – U.S Cotton net export sales of 354,700 RB for 2020/2021, for the week ended 19th November, were up noticeably from the previous week and up 84 percent from the prior 4-week average.

U.S. Cotton net export sales of 131,400 RB for 2020/2021, for the week ended 12th November, were down 45 percent from the previous week and 40 percent from the prior 4-week average.

Increases primarily for Vietnam (169,500 RB, including decreases of 13,200 RB), Bangladesh (89,400 RB), Turkey (28,700 RB), China (28,000 RB, including 900 RB switched from Hong Kong and decreases of 63,900 RB), and Pakistan (10,500 RB), were offset by reductions for Hong Kong (900 RB) and Costa Rica (400 RB).

For 2021/2022, net sales of 38,500 RB were for China (37,000 RB), Mexico (1,100 RB), and Costa Rica (400 RB). Exports of 183,000 RB were down 34 percent from the previous week and 32 percent from the prior 4-week average. Exports were primarily to China (89,500 RB), Vietnam (20,900 RB), Pakistan (19,700 RB), Mexico (16,700 RB), and Bangladesh (8,400 RB).

Net sales of Pima totaling 26,900 RB were up noticeably from the previous week and up 45 percent from the prior 4-week average. Increases primarily for China (10,400 RB), Vietnam (4,900 RB), India (4,500 RB, including decreases of 100 RB), Peru (2,900 RB), and Hong Kong (2,600 RB), were offset by reductions for Bangladesh (1,000 RB) and Switzerland (400 RB).

Exports of 21,700 RB were up 14 percent from the previous week and 11 percent from the prior 4-week average. The destinations were primarily to India (6,700 RB), Bangladesh (5,000 RB), China (4,300 RB), Vietnam (1,900 RB), and Pakistan (1,900 RB).

Exports for Own Account: For 2020/2021, new exports for own account totaling 20,200 RB were to China (19,400 RB) and Vietnam (800 RB). The current exports for own account outstanding balance of 31,900 RB is for China (29,800 RB), Bangladesh (1,000 RB), Vietnam (800 RB), and Indonesia (300 RB).


       
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