NEW DELHI, Oct 6: US cotton net sales were at 240,000 running bales (RB) for the week ended September 28 in the marketing year 2023/2024 starting August 1, up noticeably from the previous week and from the prior 4-week average.
US cotton net sales were at 55,300 RB for the week ended September 21.
Net sales were primarily for Vietnam China (126,200 RB), Vietnam (68,600 RB, including decreases of 800 RB), Macau (17,300 RB), Mexico (14,000 RB, including decreases of 400 RB), and Thailand (6,300 RB, including 200 RB switched from Japan and decreases of 1,800 RB), were offset by reductions for Honduras (1,200 RB) and Pakistan (1,000 RB).
Total net sales of 2,200 RB for 2024/2025 were for Pakistan. Exports of 149,600 RB were down 6 percent from the previous week and 1 percent from the prior 4-week average. The destinations were primarily to China (76,100 RB), Pakistan (14,400 RB), Mexico (12,400 RB), Bangladesh (11,000 RB), and Vietnam (9,000 RB).
Net sales of Pima totaling 4,800 RB for 2023/2024 were down 69 percent from the previous week and 5 percent from the prior 4-week average. Increases primarily for China (3,700 RB), India (1,100 RB, including decreases of 800 RB), and South Korea (900 RB), were offset by reductions for Vietnam (900 RB).
Exports of 5,100 RB were up noticeably from the previous week and up 27 percent from the prior 4-week average. The destinations were to India (2,400 RB), China (1,300 RB), Pakistan (1,200 RB), and Thailand (100 RB).
Optional Origin Sales: For 2023/2024, the current outstanding balance of 900 RB, all Pakistan.
Exports for Own Account: For 2023/2024, new exports for own account totaling 9,800 RB were to China. The current exports for own account outstanding balance of 105,300 RB are for China (85,900 RB), Vietnam (10,800 RB), Pakistan (5,000 RB), South Korea (2,400 RB), and Turkey (1,200 RB).
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