NEW DELHI, April 11: US cotton net sales were at 81,500 running bales (RB) for the week ended April 4 in the marketing year 2023/2024 starting August 1, down 4 percent from the previous week and 10 percent from the prior 4-week average.
US cotton net sales were at 84,900 RB for the week ended March 28.
Increases were primarily for China (50,200 RB, including decreases of 11,000 RB), Pakistan (23,900 RB, including decreases of 2,600 RB), Peru (7,800 RB), Vietnam (5,200 RB, including 1,500 RB switched from Japan and decreases of 4,400 RB), and Nicaragua (2,700 RB), were offset by reductions for Turkey (13,900 RB), Indonesia (2,500 RB), and South Korea (400 RB).
Net sales of 35,700 RB for 2024/2025 were reported for Turkey (24,400 RB), Vietnam (4,400 RB), Indonesia (4,400 RB), Honduras (2,100 RB), and Peru (400 RB).
Exports of 274,100 RB were down 25 percent from the previous week and 23 percent from the prior 4-week average. The destinations were primarily to China (120,700 RB), Turkey (39,300 RB), Vietnam (34,700 RB), Pakistan (25,700 RB), and Mexico (11,900 RB).
Net sales of Pima totaling 8,000 RB for 2023/2024 were up noticeably from the previous week and up 34 percent from the prior 4-week average.
Increases reported for Pakistan (3,400 RB), China (2,400 RB), and India (2,400 RB, including decreases of 300 RB), were offset by reductions for Bangladesh (200 RB).
Exports of 15,900 RB were up noticeably from the previous week and from the prior 4-week average. The destinations were primarily to India (6,000 RB), China (5,200 RB), Peru (1,300 RB), Pakistan (1,100 RB), and Costa Rica (900 RB).
Optional Origin Sales: For 2023/2024, the current outstanding balance of 4,400 RB, all Bangladesh. For 2024/2025, the current outstanding balance of 8,800 RB, all Pakistan.
Exports for Own Account: For 2023/2024, new exports for own account totaling 1,100 RB were to Vietnam. Exports for own account totaling 200 RB to China were applied to new or outstanding sales.
The current exports for its own account outstanding balance of 75,800 RB are for China (49,500 RB), Vietnam (14,700 RB), Pakistan (8,000 RB), South Korea (2,400 RB), and Turkey (1,200 RB).
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