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US Cotton net export sales for Sept 23-29 up 301% W/W at 121,200 RB

6 Oct 2022 6:31 pm
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NEW DELHI, Oct 6 (Commoditiescontrol): US cotton net sales were at 121,200 running bales (RB) for the week ended September 29 in the marketing year 2022/2023 starting August 1, up 301 percent from the previous week.

US cotton net sales were at 30,200 RB for the week ended September 22.

Increases were primarily for Pakistan (69,400 RB, including decreases of 3,500 RB), Turkey (14,000 RB, including decreases of 6,400 RB), Bangladesh (12,100 RB), Taiwan (10,900 RB), and South Korea (7,000 RB), were offset by reduction for El Salvador (4,500 RB), Indonesia (3,500 RB), and Vietnam (3,200 RB).

Net sales of 48,500 RB for 2023/2024 primarily for Pakistan (22,900 RB), Guatemala (10,100 RB), Honduras (10,000 RB), and Bangladesh (6,600 RB), were offset by reductions for Thailand (4,600 RB).

Exports of 209,600 RB were primarily to China (78,400 RB), Turkey (25,400 RB), Pakistan (21,200 RB), Bangladesh (19,200 RB), and Mexico (17,700 RB).

Net sales of Pima totaling 1,600 RB were reported for Taiwan (900 RB), Italy (600 RB), and Indonesia (100 RB). Total net sales of 600 RB for 2023/2024 were for Italy. Exports of 3,300 RB were to Vietnam (1,800 RB), India (900 RB), Germany (400 RB), Turkey (100 RB), and Honduras (100 RB).

Optional Origin Sales: For 2022/2023, the current outstanding balance of 10,300 RB is for Malaysia (9,300 RB) and Pakistan (1,000 RB).

Export for Own Account: For 2022/2023, exports for own account totaling 2,900 RB to China were applied to new or outstanding sales.

The current exports for own account outstanding balance of 74,500 RB is for China (37,600 RB), Vietnam (23,900 RB), Turkey (10,600 RB), India (1,500 RB), Pakistan (500 RB), and Indonesia (400 RB).

(By Commoditiescontrol Bureau)

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