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US Cotton net export sales for Nov 18 -24 at 16,500 RB vs net sales reductions of 116,400 RB for week ended Nov 17

1 Dec 2022 7:46 pm
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NEW DELHI, Dec 1 (Commoditiescontrol) : US cotton net sales were at 16,500 running bales (RB) for the week ended November 24 in the marketing year 2022/2023 starting August 1.

US cotton net sales reductions were at 116,400 RB for the week ended November 17.

Net sales were primarily for India (5,700 RB), Indonesia (4,200 RB, including decreases of 500 RB), Pakistan (3,500 RB, including decreases of 2,200 RB), Peru (2,600 RB), and Vietnam (2,200 RB), were offset by reductions primarily for Turkey (8,500 RB). Total net sales of 11,000 RB for 2023/2024 were for Turkey.

Exports of 139,500 RB were primarily to China (38,300 RB), Pakistan (31,900 RB), Bangladesh (15,200 RB), Turkey (8,400 RB), and Mexico (8,100 RB).

Net sales of Pima totaling 1,800 RB were primarily for China (1,800 RB, including 400 RB switched from Germany) and Thailand (400 RB), were offset by reductions for Germany (400 RB).

Exports of 1,300 RB were primarily to China (500 RB) and Taiwan (400 RB).

Optional Origin Sales: For 2022/2023, the current outstanding balance of 9,300 RB, all Malaysia.

Export for Own Account: For 2022/2023, new exports for own account totaling 6,600 RB were to China. The current exports for own account outstanding balance of 105,700 RB are for China (61,800 RB), Vietnam (23,900 RB), Pakistan (18,100 RB), India (1,500 RB), and Indonesia (400 RB).


(By Commoditiescontrol Bureau)


       
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