NEW DELHI, Apr 20 (Commoditiescontrol) : US cotton net sales were at 62,100 running bales (RB) for the week ended April 13 in the marketing year 2022/2023 starting August 1, down 57 percent from the previous week and 72 percent from the prior 4-week average.
US cotton net sales were at 143,200 RB for the week ended April 6.
Net sales were primarily for Bangladesh (27,700 RB), Pakistan (18,200 RB, including decreases of 4,800 RB), China (9,500 RB, including 1,900 RB switched from Singapore and decreases of 6,600 RB), Vietnam (5,900 RB, including 1,400 RB switched from South Korea, 200 RB switched from Taiwan, and decreases of 3,100 RB), and Indonesia (4,600 RB), were offset by reductions for South Korea (9,200 RB) and Singapore (1,900 RB).
Net sales of 38,000 RB for 2023/2024 were primarily for Pakistan (12,300 RB), Mexico (10,400 RB), Turkey (7,500 RB), Vietnam (3,100 RB), and Indonesia (2,200 RB).
Exports of 289,800 RB were down 13 percent from the previous week and 3 percent from the prior 4-week average. The destinations were primarily to Vietnam (72,200 RB), China (64,100 RB), Turkey (51,700 RB), Pakistan (38,600 RB), and Indonesia (15,800 RB).
Net sales of Pima totaling 25,200 RB for 2022/2023 were down 22 percent from the previous week, but up 48 percent from the prior 4-week average. Increases were primarily for China (10,800 RB), India (10,000 RB, including decreases of 1,700 RB), Vietnam (3,000 RB), Indonesia (700 RB), and Bangladesh (400 RB).
Exports of 16,800 RB--a marketing-year high--were up 90 percent from the previous week and up noticeably from the prior 4-week average. The destinations were primarily to Vietnam (5,200 RB), India (3,500 RB), China (2,900 RB), Peru (1,300 RB), and Egypt (1,300 RB).
Optional Origin Sales: For 2022/2023, the current outstanding balance of 5,800 RB, all Malaysia.
Export for Own Account: For 2022/2023, new exports for own account totaling 5,700 RB were primarily to China (3,900 RB). Exports for own account totaling 2,200 RB reported to Vietnam were applied to new or outstanding sales. Decreases of 700 RB were to China.
The current exports for own account outstanding balance of 138,200 RB are for China (117,500 RB), Vietnam (10,600 RB), Pakistan (5,000 RB), South Korea (2,400 RB), India (1,500 RB), and Turkey (1,200 RB).
(By Commoditiescontrol Bureau)
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