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U.S. Weekly Cotton Exports Down 32% to 169,000 RB For Week Ended Feb 25

4 Mar 2021 7:13 pm
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Mumbai (Commodities Control) – U.S Cotton weekly net export sales of 169,000 RB for 2020/2021 were down 32 percent from the previous week and 27 percent from the prior 4-week average.

U.S Cotton weekly net export sales of 247,800 RB, during Feb 12-18, for 2020/2021 were up noticeably from the previous week, but down 1 percent from the prior 4-week average.

Increases primarily for Vietnam (65,300 RB, including 2,000 RB switched from China, 1,700 RB switched from South Korea, and decreases of 1,700 RB), Pakistan (33,600 RB), China (24,100 RB, including decreases of 100 RB), Indonesia (23,200 RB, including 1,400 RB switched from Japan and decreases 2,800 RB), and Bangladesh (15,900 RB, including decreases of 100 RB), were offset by reductions primarily for Turkey (23,900 RB).

For 2021/2022, net sales of 40,600 RB were primarily for Vietnam (15,500 RB), China (13,200 RB), Guatemala (6,500 RB), Pakistan (2,600 RB), and Peru (1,500 RB). Exports of 377,400 RB were up 29 percent from the previous week and 11 percent from the prior 4-week average. Exports were primarily to Vietnam (98,800 RB), China (94,700 RB), Pakistan (49,700 RB), Turkey (27,600 RB), and Indonesia (22,700 RB).

Net sales of Pima totaling 7,800 RB were down 34 percent from the previous week and 43 percent from the prior 4-week average. Increases were primarily for China (3,900 RB), Turkey (1,900 RB), India (1,600 RB, including decreases of 100 RB), and Italy (300 RB). Exports of 9,100 RB were down 26 percent from the previous week and 29 percent from the prior 4-week average. The destinations were primarily to China (2,600 RB), Vietnam (2,200 RB), Pakistan (1,100 RB), Peru (1,100 RB), and India (900 RB).

Exports for Own Account: For 2020/2021, new exports for own account totaling 13,900 RB were to Vietnam (10,600 RB), China (2,000 RB), Malaysia (1,100 RB), and Bangladesh (200 RB). Exports for own account totaling 6,500 RB to Vietnam (4,400 RB), China (1,700 RB), and Bangladesh (400 RB) were applied to new or outstanding sales. The current exports for own account outstanding balance of 40,500 RB is for China (28,200 RB), Vietnam (10,800 RB), Malaysia (1,100 RB), and Bangladesh (400 RB).




       
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