According to the export sales report from the US Department of Agriculture for the week ending April 18, cotton export sales increased primarily for China (94,700 RB, including decreases of 500 RB), Pakistan (26,800 RB, including decreases of 100 RB), Vietnam (14,200 RB, including 100 RB switched from Japan and decreases of 1,000 RB), Turkiye (9,700 RB), and Taiwan (5,500 RB).
US cotton net export sales of Upland for 2023-24 reached 177,100 running bales, marking a 21 per cent increase from the previous week and a 73 per cent rise from the four-week average.
Major increases were noted primarily in exports to China, Pakistan, and Vietnam.
Pima cotton sales also saw a significant rise, predominantly to Vietnam and China.
Net sales of 65,700 RB for 2024-25 were primarily for China (22,000 RB), Honduras (12,100 RB), Turkiye (11,000 RB), Mexico (10,000 RB), and Guatemala (4,900 RB). Exports of 261,700 RB were down 2 per cent from the previous week and 18 per cent from the prior four-week average. The destinations were primarily China (99,800 RB), Pakistan (39,100 RB), Turkiye (27,000 RB), Vietnam (24,900 RB), and Bangladesh (24,600 RB).
Net sales of Pima, totalling 12,500 RB for 2023-24, were up noticeably from the previous week and 94 per cent higher than the prior four-week average. Increases were primarily for Vietnam (5,200 RB), China (4,500 RB), India (2,300 RB, including decreases of 300 RB), Guatemala (200 RB), and Germany (100 RB). Exports of 10,100 RB were up 73 per cent from the previous week and 29 per cent from the prior four-week average. The destinations were primarily to China (3,800 RB), India (3,700 RB), Peru (1,300 RB), Turkiye (800 RB), and Pakistan (400 RB).
Fibre2Fashion News Desk (KUL)