NEW DELHI, Sept 22 (Commoditiescontrol): US cotton net sales were at 32,400 running bales (RB) for the week ended September 15 in the marketing year 2022/2023 starting August 1.
Increases were primarily for Pakistan (27,800 RB, including 4,700 RB switched from China), El Salvador (8,600 RB), Guatemala (6,000 RB), Vietnam (2,000 RB, including 900 RB switched from South Korea), and Thailand (1,400 RB), were offset by reductions primarily for China (11,400 RB), Japan (1,100 RB), and South Korea (900 RB).
Net sales of 13,300 RB for 2023/2024 were for Pakistan (8,800 RB) and Guatemala (4,500 RB). Exports of 232,300 RB were primarily to China (73,000 RB), Vietnam (33,200 RB), Mexico (27,100 RB), Turkey (24,400 RB), and Bangladesh (18,300 RB).
Net sales of Pima totaling 300 RB were for China (200 RB) and Japan (100 RB). Exports of 400 RB were to Pakistan (200 RB), China (100 RB), and Honduras (100 RB).
Optional Origin Sales: For 2022/2023, the current outstanding balance of 10,300 RB is for Malaysia (9,300 RB) and Pakistan (1,000 RB).
Export for Own Account: Exports for own account totaling 800 RB to China were applied to new or outstanding sales. The current exports for own account outstanding balance of 77,400 RB is for China (40,500 RB), Vietnam (23,900 RB), Turkey (10,600 RB), India (1,500 RB), Pakistan (500 RB), and Indonesia (400 RB).
(By Commoditiescontrol Bureau)
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