NEW DELHI, Apr 6 (Commoditiescontrol) : US cotton net sales were at 160,500 running bales (RB) for the week ended March 30 in the marketing year 2022/2023 starting August 1, down 43 percent from the previous week and 31 percent from the prior 4-week average.
US cotton net sales were at 281,300 RB for the week ended March 23.
Net sales were primarily for China (64,400 RB), Vietnam (52,500 RB, including 1,700 RB switched from South Korea and decreases of 100 RB), Turkey (16,200 RB, including decreases of 200 RB), India (6,200 RB), and Peru (5,000 RB, including decreases of 100 RB), were offset by reductions primarily for Mexico (2,700 RB). Net sales of 15,900 RB for 2023/2024 were reported for Pakistan (10,000 RB), Mexico (3,600 RB), South Korea (1,800 RB), Turkey (400 RB), and Guatemala (100 RB).
Exports of 250,100 RB were down 27 percent from the previous week and 15 percent from the prior 4-week average. The destinations were primarily to Vietnam (61,600 RB), China (45,100 RB), Turkey (40,800 RB), Pakistan (30,300 RB), and Bangladesh (14,300 RB). Net sales of Pima totaling 9,100 RB for 2022/2023 were down 10 percent from the previous week and 5 percent from the prior 4-week average.
Increases primarily for China (4,400 RB), India (2,600 RB, including 1,200 RB switched from Italy and decreases of 100 RB), Pakistan (1,600 RB), Bangladesh (900 RB), and Vietnam (900 RB), were offset by reductions for Italy (2,100 RB).
Total net sales of 800 RB for 2023/2024 were for Italy. Exports of 1,500 RB were down 80 percent from the previous week and 69 percent from the prior 4-week average. The destinations were to China (1,300 RB), Honduras (100 RB), and Malaysia (100 RB).
Optional Origin Sales: For 2022/2023, options were exercised to export 500 RB to Malaysia from the United States. The current outstanding balance of 6,800 RB, all Malaysia.
Export for Own Account: For 2022/2023, new exports for own account totaling 2,800 RB were to China. Exports for own account totaling 6,000 RB primarily to China (3,500 RB) and Turkey (2,400 RB) were applied to new or outstanding sales. The current exports for own account outstanding balance of 122,100 RB are for China (104,700 RB), Vietnam (7,300 RB), Pakistan (5,000 RB), South Korea (2,400 RB), India (1,500 RB), and Turkey (1,200 RB).
(By Commoditiescontrol Bureau)
0 Comments 
Post Comment 
