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US Cotton Net Export Sales for Jan 7-13 down 32% W/W at 273,000 RB

21 Jan 2022 7:15 pm
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NEW DELHI, Jan 21 (Commoditiescontrol) - US net cotton sales were at 273,000 running bales (RB) for the week ended January 13 in the marketing year 2021/2022 starting August 1, down 32 percent from the previous week, but up 12 percent from the prior 4-week average.

US net cotton sales were at 401,000 RB for the week ended January 6.

Increases were primarily for for Pakistan (62,600 RB), China (62,200 RB, including 6,400 RB switched from Vietnam), Bangladesh (28,100 RB), Vietnam (27,200 RB, including 1,300 RB switched from Japan), and Turkey (25,800 RB), were offset by reductions for Japan (900 RB) and Mexico (400 RB).

Net sales of 139,200 RB for 2022/2023 were primarily for Pakistan (95,000 RB) and Honduras (22,200 RB).

Exports of 198,700 RB were up 19 percent from the previous week and 41 percent from the prior 4-week average.

The destinations were primarily to China (55,200 RB), Vietnam (54,200 RB), Mexico (31,200 RB), Pakistan (13,700 RB), and Turkey (10,300 RB).

Net sales of Pima totaling 3,800 RB were up 58 percent from the previous week, but down 26 percent from the prior 4-week average.

Increases were primarily for India (1,200 RB), Italy (500 RB), Japan (500 RB), Taiwan (400 RB), and Pakistan (400 RB).

Exports of 7,500 RB were down 19 percent from the previous week, but up 7 percent from the prior 4-week average.

The destinations were primarily to India (2,400 RB), Peru (1,500 RB), Pakistan (1,000 RB), Germany (900 RB), and Egypt (900 RB).

Optional Origin Sales: For 2021/2022, new optional origin sales of 52,800 MT were reported for Vietnam. The current outstanding balance of 61,600 RB is for Vietnam (52,800 RB) and Pakistan (8,800 RB).

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

(By Commoditiescontrol Bureau)


       
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