NEW DELHI, Jan 26 (Commoditiescontrol): US cotton net sales were at 213,700 running bales (RB) for the week ended January 19 in the marketing year 2022/2023 starting August 1, up 2 percent from the previous week and up noticeably from the prior 4-week average.
US cotton net sales were at 209,400 RB for the week ended January 12.
Net sales were primarily for China China (59,200 RB), Turkey (55,200 RB), Vietnam (42,400 RB, including 3,500 RB switched from China and 200 RB switched from Japan), Pakistan (22,000 RB, including decreases of 700 RB), and Egypt (8,800 RB), were offset by reductions primarily for Honduras (6,100 RB).
Total net sales of 6,100 RB for 2023/2024 were for Honduras. Exports of 175,800 RB were down 4 percent from the previous week, but up 24 percent from the prior 4-week average. The destinations were primarily to China (56,700 RB), Pakistan (40,600 RB), Mexico (14,000 RB), Vietnam (13,200 RB), and Turkey (10,300 RB).
Net sales of Pima totaling 5,400 RB for 2022/2023 were up noticeably from the previous week and from the prior 4-week average. Increases were primarily for China (3,100 RB), Pakistan (1,300 RB), and Thailand (900 RB).
Exports of 2,100 RB were down 66 percent from the previous week and 58 percent from the prior 4-week average. The destinations were to Peru (900 RB), Taiwan (400 RB), Turkey (400 RB), and Bangladesh (300 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 800 RB were to China. Exports for own account totaling 17,800 RB to China were applied to new or outstanding sales. The current exports for own account outstanding balance of 105,300 RB are for China (75,000 RB), Vietnam (21,900 RB), Pakistan (6,500 RB), India (1,500 RB), and Indonesia (400 RB).
(By Commoditiescontrol Bureau)
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