US net cotton export sales decline; Upland down 52%, Pima 40%

According to the export sales report from the US Department of Agriculture (USDA) for the week ending June 20, the increases were primarily for China (20,000 RB, including decreases of 1,300 RB), Pakistan (16,700 RB), Vietnam (13,600 RB, including decreases of 700 RB), India (12,700 RB), and Indonesia (9,800 RB), which were offset by reductions for Turkiye (800 RB).

For this week, the net sales of 67,600 RB for 2024-25 were primarily for China (35,600 RB), Guatemala (10,700 RB), Vietnam (7,900 RB), Indonesia (4,400 RB), and Peru (3,300 RB). The exports of 141,000 RB were down 29 per cent from the previous week and 21 per cent from the prior 4-week average. The destinations were primarily China (28,700 RB), Pakistan (22,400 RB), Turkiye (19,200 RB), Vietnam (18,600 RB), and Mexico (12,000 RB).

Net sales of Pima cotton totalling 4,800 RB for 2023-24 were down 40 per cent from the previous week, but up 1 per cent from the prior 4-week average. The increases were primarily for India (3,200 RB) and Peru (1,700 RB), offset by reductions for China (400 RB).

Total net sales reductions of 400 RB for 2024-25 were for Peru. Exports of 6,200 RB were up 7 per cent from the previous week, but down 15 per cent from the prior 4-week average. The destinations were primarily Vietnam (3,900 RB), India (1,500 RB), Peru (300 RB), Turkiye (300 RB), and Germany (100 RB).

Fibre2Fashion News Desk (KUL)