US cotton net export sales rise: Upland up 7%, Pima gains 51%

According to the export sales report from the US Department of Agriculture (USDA) for the week ending June 13, the increases were primarily recorded for China (82,200 RB, including decreases of 2,400 RB), Vietnam (38,600 RB, including 1,600 RB switched from South Korea), Pakistan (33,800 RB), India (7,300 RB), and Taiwan (4,900 RB). The exports were offset by reductions for Italy (2,600 RB) and South Korea (1,200 RB).

For this week, the net sales of 111,800 RB for 2024-25 were primarily noted for Guatemala (24,600 RB), Turkiye (15,400 RB), Pakistan (12,800 RB), Indonesia (10,600 RB), and China (9,200 RB). Exports of 197,900 RB were up 6 per cent from the previous week and 10 per cent from the prior 4-week average. The destinations were primarily to China (78,000 RB), Vietnam (23,800 RB), Turkiye (21,500 RB), Pakistan (13,400 RB), and Indonesia (11,400 RB).

Net sales of Pima totalling 7,900 RB for 2023-24 were up noticeably from the previous week and up 51 per cent from the prior 4-week average. The increases were noted primarily for Peru (5,100 RB), India (3,100 RB), China (600 RB), Pakistan (300 RB), and Germany (200 RB), which were offset by reductions for Italy (1,500 RB).

Exports of 5,800 RB were down 36 per cent from the previous week and 37 per cent from the prior 4-week average. The destinations were India (3,600 RB), China (1,300 RB), Vietnam (700 RB), and Turkiye (200 RB).

Fibre2Fashion News Desk (KUL)