MUMBAI, 10 Oct (Commoditiescontrol): The USDA's latest weekly export sales report reveals a decline in cotton export activity for the week, with both Upland and Pima varieties experiencing softer demand compared to previous periods. Net sales of Upland cotton for the 2024/2025 marketing year totaled 89,600 running bales (RB), down 7% from the prior week and 12% below the four-week average.
Key buyers included Vietnam (56,600 RB), Mexico (11,700 RB), and Pakistan (10,100 RB), while reductions from China (8,000 RB), India (1,800 RB), and Japan (300 RB) offset some of these gains. Additionally, Turkey placed orders for 13,200 RB for the 2025/2026 marketing year.
Exports of Upland cotton reached 95,100 RB, a decline of 11% from the previous week and 13% below the four-week average. The primary destinations were Pakistan (24,700 RB), Mexico (13,600 RB), and Honduras (9,300 RB).
For Pima cotton, net sales amounted to 9,100 RB for the 2024/2025 marketing year, down 4% from the prior week and 19% from the four-week average. Top buyers included India (4,100 RB), China (3,100 RB), and Colombia (1,200 RB), while Japan showed a slight reduction (100 RB). Pima exports remained steady at 6,500 RB, showing a 2% increase compared to the four-week average, with India (2,600 RB) and China (2,200 RB) as the leading destinations.
The decline in Upland cotton sales and exports reflects softer demand from major buyers such as China and India, which partially offset strong purchases from Vietnam and Pakistan. The drop in Pima cotton sales similarly points to weaker interest from buyers like Japan, despite continued demand from India and China. The overall reduction in cotton demand could be attributed to global market uncertainties and shifting trade dynamics, impacting the pace of U.S. cotton exports.
As the market adjusts to these fluctuations, traders will keep a close watch on evolving demand patterns, particularly from key markets in Asia and Latin America, to assess the outlook for U.S. cotton exports in the coming weeks.
(By Commoditiescontrol Bureau; +91 98201 30172)
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