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US Cotton Net Export Sales for Nov 12-18 up 44% W/W at 196,900 RB

26 Nov 2021 7:15 pm
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NEW DELHI, Nov 26 (Commoditiescontrol) - US net cotton sales were at 196,900 running bales (RB) for the week ended November 18 in the marketing year 2021/2022 starting August 1, up 44 percent from the previous week and 3 percent from the prior 4-week average.

US net cotton sales were at 136,700 RB for the week ended November 11.

Increases were primarily for China (58,500 RB), Vietnam (44,500 RB, including 400 RB switched from South Korea, 100 RB switched from Japan, and decreases of 500 RB), Pakistan (34,200 RB), Turkey (20,100 RB), and Bangladesh (16,700 RB), were offset by reductions for South Korea (500 RB) and El Salvador (300 RB).

Net sales of 46,200 RB for 2022/2023 were reported for Bangladesh (19,800 RB), Turkey (13,200 RB), China (8,800 RB), and Pakistan (4,400 RB).

Exports of 97,100 RB were up 25 percent from the previous week and 5 percent from the prior 4-week average.

The destinations were primarily to China (35,100 RB), Mexico (20,900 RB), Vietnam (13,300 RB), South Korea (4,100 RB), and Bangladesh (3,700 RB).

Net sales of Pima totaling 18,100 RB were down 12 percent from the previous week, but up 7 percent from the prior 4-week average.

Increases were primarily for China (10,100 RB), Peru (2,700 RB), Thailand (2,000 RB), India (1,100 RB), and Vietnam (900 RB).

Total, net sales of Pima totaling 1,300 RB for 2022/2023 were for Egypt.

Exports of 6,300 RB were down 4 percent from the previous week and 3 percent from the prior 4-week average.

The destinations were to India (2,900 RB), China (2,000 RB), Peru (900 RB), Bahrain (300 RB), and Italy (100 RB).

Optional Origin Sales: For 2021/2022, the current outstanding balance of 8,800 RB is for Pakistan.

Exports for Own Account: For 2021/2022, the current exports for own account outstanding balance of 100 RB is for Vietnam.

(By Commoditiescontrol Bureau)


       
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