NEW DELHI, May 4 (Commoditiescontrol) : US cotton net sales were at 231,300 running bales (RB) for the week ended April 27 in the marketing year 2022/2023 starting August 1, up 19 percent from the previous week and 65 percent from the prior 4-week average.
US cotton net sales were at 194,900 RB for the week ended April 20.
Net sales were primarily for China (117,100 RB, including 400 RB switched from Pakistan), Vietnam (43,500 RB, including 200 RB switched from Taiwan and decreases of 1,600 RB), Turkey (34,800 RB), Bangladesh (17,100 RB, including decreases of 200 RB), and Nicaragua (8,800 RB), were offset by reductions for Honduras (8,300 RB), Mexico (2,500 RB), and Pakistan (1,500 RB).
Net sales of 26,900 RB for 2023/2024 were primarily for Turkey (12,800 RB) and Honduras (8,300 RB).
Exports of 414,000 RB were up 4 percent from the previous week and 30 percent from the prior 4-week average. The destinations were primarily to China (107,200 RB), Vietnam (94,200 RB), Turkey (62,000 RB), Pakistan (43,500 RB), and Bangladesh (21,700 RB).
Net sales of Pima totaling 24,600 RB for 2022/2023 were up 48 percent from the previous week and 18 percent from the prior 4-week average.
Increases were primarily for India (12,900 RB, including decreases of 200 RB), China (8,400 RB, including decreases of 6,100 RB), Vietnam (1,300 RB), Egypt (900 RB), and Turkey (500 RB).
Exports of 24,800 RB--a marketing-year high--were up 20 percent from the previous week and up noticeably from the prior 4-week average. The destinations were primarily to China (9,600 RB), Vietnam (5,200 RB), India (4,400 RB), Pakistan (3,500 RB), and Thailand (900 RB).
Optional Origin Sales: For 2022/2023, the current outstanding balance of 1,100 RB, all Malaysia.
Export for Own Account: For 2022/2023, new exports for own account totaling 3,300 RB were to Vietnam. Exports for own account totaling 35,600 RB to China were applied to new or outstanding sales. Decreases of 200 RB were to China.
The current exports for own account outstanding balance of 109,600 RB are for China (80,300 RB), Vietnam (19,200 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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