NEW DELHI, Sept 21 : US cotton net sales were at 105,800 running bales (RB) for the week ended September 14 in the marketing year 2023/2024 starting August 1, up 57 percent from the previous week and 67 percent from the prior 4-week average.
US cotton net sales were at 67,400 RB for the week ended September 7.
Net sales were primarily for Vietnam (44,600 RB, including 900 RB switched from South Korea and decreases of 100 RB), China (25,900 RB, including 8,800 RB switched from Singapore and decreases of 100 RB), Mexico (16,900 RB), Bangladesh (12,900 RB), and Turkey (5,400 RB), were offset by reductions for Singapore (8,800 RB) and South Korea (900 RB).
Net sales of 5,100 RB for 2024/2025 were reported for Pakistan (2,600 RB) and Mexico (2,500 RB). Exports of 150,700 RB were up 28 percent from the previous week, but down 15 percent from the prior 4-week average.
The destinations were primarily to China (72,700 RB), Mexico (18,000 RB), Pakistan (16,600 RB), Turkey (10,900 RB), and Bangladesh (10,000 RB).
Net sales of Pima totaling 800 RB for 2023/2024 --a marketing-year low--were down 14 percent from the previous week and 66 percent from the prior 4-week average. Increases reported for China (500 RB), India (200 RB), Thailand (200 RB), and Turkey (100 RB), were offset by reductions for Italy (200 RB).
Exports of 2,000 RB were down 74 percent from the previous week and 68 percent from the prior 4-week average. The destinations were to Thailand (1,000 RB), India (600 RB), Pakistan (300 RB), and China (100 RB).
Optional Origin Sales: For 2023/2024, the current outstanding balance of 900 RB, all Pakistan.
Exports for Own Account: For 2023/2024, new exports for own account totaling 67,600 RB were to China. Decreases of 43,100 RB were reported for China (40,700 RB) and South Korea (2,400 RB). The current exports for own account outstanding balance of 134,800 RB are for China (113,900 RB), Vietnam (10,800 RB), Pakistan (5,000 RB), South Korea (2,400 RB), India (1,500 RB), and Turkey (1,200 RB).
(By CommoditiesControl Bureau; +91-9820130172)
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