NEW DELHI, Aug 25 : US cotton net sales were at 38,900 running bales (RB) for the week ended August 17 in the marketing year 2023/2024 starting August 1.
US cotton net sales were at 186,300 RB for the week ended August 10.
Net sales of 38,900 RB for 2023/2024 primarily for China (31,700 RB, including 700 RB switched from Macau and decreases of 800 RB), Vietnam (10,800 RB, including 500 RB switched from South Korea and decreases of 100 RB), Bangladesh (5,100 RB), Honduras (3,000 RB), and Costa Rica (2,200 RB), were offset by reductions for Pakistan (14,200 RB), Turkey (2,100 RB), Macau (700 RB), and South Korea (100 RB).
Net sales of 52,800 RB for 2024/2025 were reported for Malaysia (26,400 RB), Pakistan (22,000 RB), and Mexico (4,400 RB).
Exports of 204,200 RB were primarily to China (112,000 RB), Pakistan (30,300 RB), Vietnam (15,300 RB), Bangladesh (8,200 RB), and Mexico (6,900 RB).
Net sales of Pima totaling 1,300 RB for 2023/2024 reported for Thailand (1,100 RB), Vietnam (900 RB switched from Hong Kong), China (100 RB), and Indonesia (100 RB), were offset by reductions for Hong Kong (900 RB). Exports of 9,600 RB were primarily to Vietnam (5,300 RB), India (2,800 RB), Egypt (900 RB), China (400 RB), and Guatemala (100 RB).
Optional Origin Sales: For 2023/2024, the outstanding balance of 900 RB, all Pakistan.
Exports for Own Account: For 2023/2024, decreases were reported for China (3,400 RB). The current outstanding balance of 124,100 RB is for China (100,400 RB), Vietnam (11,200 RB), Pakistan (5,000 RB), South Korea (4,800 RB), India (1,500 RB), and Turkey (1,200 RB).
(By CommoditiesControl Bureau; +91-9820130172)
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