NEW DELHI, Oct 15 (Commoditiescontrol) - US net cotton sales were at 146,700 running bales (RB) for the week ended October 7 in the marketing year 2021/2022 starting August 1, down 41 percent from the previous week and 60 percent from the prior 4-week average.
US net cotton sales were at 246,700 RB for the week ended September 30.
Increases were primarily for Turkey (62,000 RB), Mexico (52,900 RB), China (12,100 RB, including decreases of 3,100 RB), Thailand (9,500 RB, including 400 RB switched from Indonesia), and Peru (5,800 RB), were offset by reductions for Vietnam (2,200 RB), Honduras (1,700 RB), and Pakistan (1,700 RB).
Net sales of 10,600 RB for 2022/2023 resulting in increases for Mexico (15,000 RB), were offset by reductions for Turkey (4,400 RB).
Exports of 95,200 RB--a marketing-year low--were down 24 percent from the previous week and 46 percent from the prior 4-week average.
The destinations were primarily to Mexico (23,400 RB), China (23,000 RB), Vietnam (11,300 RB), Bangladesh (9,500 RB), and Turkey (6,600 RB).
Net sales of Pima totaling 6,400 RB--a marketing-year low--were down 53 percent from the previous week and 60 percent from the prior 4-week average. Increases were primarily for Peru (5,200 RB) and Bangladesh (1,100 RB).
Exports of 10,600 RB were up noticeably from the previous week and up 91 percent from the prior 4-week average. The destinations were primarily to India (6,800 RB), Peru (1,500 RB), South Korea (700 RB), Turkey (600 RB), and Italy (400 RB).
Optional Origin Sales: For 2021/2022, the current outstanding balance of 8,800 RB is for Pakistan.
Exports for Own Account: For 2021/2022, the current exports for own account outstanding balance of 4,800 RB is for China (4,700 RB) and Vietnam (100 RB).
(By Commoditiescontrol Bureau)
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