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US Cotton net export sales for Oct 28-Nov 3 down 24% W/W at 145,800 RB

10 Nov 2022 9:40 pm
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NEW DELHI, Nov 10 (Commoditiescontrol) : US cotton net sales were at 145,800 running bales (RB) for the week ended November 3 in the marketing year 2022/2023 starting August 1, down 24 percent from the previous week.

US cotton net sales were at 191,800 RB for the week ended October 27.

Increases were primarily for China (57,300 RB), Pakistan (40,500 RB), Vietnam (23,400 RB, including 2,200 RB switched from Taiwan), Indonesia (8,100 RB), and Bangladesh (7,500 RB), were offset by reductions for Taiwan (1,100 RB).

Net sales of 11,400 RB for 2023/2024 were reported for Turkey (6,600 RB) and Pakistan (4,800 RB). Exports of 108,100 RB were primarily to China (36,800 RB), Bangladesh (16,200 RB), Mexico (15,300 RB), Pakistan (13,500 RB), and Turkey (8,700 RB).

Net sales of Pima totaling 600 RB were reported for Djibouti (400 RB), China (100 RB), and Indonesia (100 RB).

Exports of 3,400 RB were to Peru (2,000 RB), Greece (900 RB), India (400 RB), and China (100 RB).

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

Export for Own Account: For 2022/2023, the current exports for own account outstanding balance of 63,900 RB are for China (37,600 RB), Vietnam (23,900 RB), India (1,500 RB), Pakistan (500 RB), and Indonesia (400 RB).

(By Commoditiescontrol Bureau)


       
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