US net cotton sales surge: Upland sales up 28%, Pima sales up 87%

According to the export sales report from the US Department of Agriculture (USDA) for the week ending June 6, the increase in cotton exports was noted primarily for China (77,500 RB, including decreases of 900 RB), Vietnam (28,900 RB, including 1,000 RB switched from Indonesia, 300 RB switched from South Korea, and decreases of 200 RB), Pakistan (16,900 RB), Macau (14,800 RB), and Mexico (6,200 RB). Higher exports to these markets were offset by reductions for El Salvador (1,900 RB).

For this week, net cotton sales of 177,400 RB for 2024-2025 were primarily for Vietnam (73,500 RB), China (67,300 RB), Mexico (11,400 RB), Indonesia (8,700 RB), and Peru (4,800 RB). Total exports of 186,600 RB were up 19 per cent from the previous week but down 3 per cent from the prior 4-week average. The destinations were primarily China (73,400 RB), Turkiye (17,700 RB), Vietnam (16,600 RB), Pakistan (14,000 RB), and Bangladesh (11,400 RB).

As per the USDA report, the net sales of Pima, totalling 3,700 RB for 2023-2024, were up 87 per cent from the previous week but down 29 per cent from the prior 4-week average. Increases were primarily for India (2,800 RB), Peru (400 RB), Italy (100 RB), Thailand (100 RB), and Indonesia (100 RB). Exports of 9,000 RB were up 12 per cent from the previous week and 10 per cent from the prior 4-week average. The destinations were primarily India (3,100 RB), Pakistan (2,300 RB), China (1,300 RB), Vietnam (900 RB), and Thailand (400 RB).

Fibre2Fashion News Desk (KUL)