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US Upland cotton sales up 108%, Pima 83% this week: USDA

22 Nov '24
2 min read
US Upland cotton sales up 108%, Pima 83% this week: USDA
Pic: Adobe Stock

Insights

  • US net sales of Upland cotton for the 2024–25 season reached 318,500 RB, the highest of the marketing year, up 108 per cent from the previous week.
  • Key buyers included Vietnam, Pakistan, and Turkiye.
  • Pima sales totalled 8,900 RB, up 83 per cent, with significant purchases by Peru and India.
  • Exports rose 32 per cent for Upland but fell 72 per cent for Pima compared to the prior week.
Net sales of Upland cotton in the United States for the 2024-25 season totalled 318,500 running bales (RB), each weighing 226.8 kg (500 pounds). This represents an increase of 108 per cent from the previous week and 72 per cent from the prior four-week average. US cotton sales were the highest of the current marketing year during the week.

According to the USDA’s export sales report for the week ending November 14, significant sales increases were primarily reported for Vietnam (141,600 RB, including 8,800 RB switched from China, 100 RB switched from Japan, and decreases of 100 RB), Pakistan (55,300 RB, including decreases of 100 RB), Turkiye (23,200 RB), China (21,400 RB), and Bangladesh (20,200 RB). These gains were offset by reductions for India (100 RB) and Guatemala (100 RB).

Net sales of 16,000 RB for 2025–26 were primarily for Turkiye (9,700 RB) and El Salvador (5,300 RB). Exports of 148,200 RB were up 32 per cent from the previous week and 21 per cent from the prior four-week average. The primary destinations were Vietnam (26,100 RB), Pakistan (25,700 RB), China (15,900 RB), Turkiye (14,800 RB), and Mexico (12,000 RB).

Net sales of Pima cotton, totalling 8,900 RB for 2024-25, were up 83 per cent from the previous week and 8 per cent from the prior four-week average. The increases were primarily for Peru (4,300 RB), India (1,100 RB), China (1,100 RB), Vietnam (900 RB, including decreases of 1,300 RB), and Pakistan (800 RB), offset by reductions for Japan (100 RB). Exports of 2,700 RB were down 72 per cent from the previous week and 65 per cent from the prior four-week average. The main destinations were Vietnam (2,200 RB), India (200 RB), Indonesia (200 RB), and Guatemala (100 RB).

Fibre2Fashion News Desk (KUL)

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