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NEW DELHI, Aug 31 : US cotton net sales were at 61,400 running bales (RB) for the week ended August 24 in the marketing year 2023/2024 starting August 1, up 58 percent from the previous week.
US cotton net sales were at 38,900 RB for the week ended August 17.
Net sales of 61,400 RB for 2023/2024 primarily for Costa Rica (23,400 RB), Bangladesh (10,000 RB, including decreases of 100 RB), Vietnam (7,300 RB, including 1,300 RB switched from China and decreases of 100 RB), Indonesia (6,700 RB, including 3,700 RB switched from the Philippines), and Pakistan (6,300 RB, including decreases of 900 RB), were offset by reductions for the Philippines (3,700 RB), China (800 RB), Japan (600 RB), Macau (300 RB), and India (100 RB).
Total net sales of 11,000 RB for 2024/2025 were for Pakistan. Exports of 214,100 RB were primarily to China (133,800 RB), Pakistan (18,500 RB), Vietnam (15,500 RB), Mexico (13,200 RB), and Turkey (10,400 RB).
Net sales of Pima totaling 4,600 RB for 2023/2024 were primarily for Pakistan (2,000 RB), China (1,800 RB), India (500 RB), Vietnam (100 RB), and Malaysia (100 RB). Exports of 3,100 RB were primarily to India (1,700 RB), Vietnam (900 RB), Indonesia (300 RB), Brazil (100 RB), and Japan (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 (10,600 RB). The current outstanding balance of 113,500 RB is for China (89,800 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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