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US Upland cotton sales up 9%, Pima declines 13% this week: USDA

03 Oct '24
2 min read
US Upland cotton sales up 9%, Pima declines 13% this week: USDA
Pic: Adobe Stock

Insights

  • US net sales of Upland cotton for the 2024-25 season increased by 9 per cent, totalling 95,800 RB, with notable sales to Vietnam, Pakistan, and China.
  • Exports rose by 35 per cent.
  • Pima cotton sales, however, fell by 13 per cent, amounting to 9,500 RB, with India as the primary buyer.
  • Exports of Pima decreased by 8 per cent. Malaysia and Japan saw reduced Upland cotton sales.
Net sales of Upland cotton in the United States for the 2024-25 season totalled 95,800 running bales (RB), each weighing 226.8 kg (500 pounds). This marks an increase of 9 per cent from the previous week, though it represents a 26 per cent decline from the prior 4-week average.

According to the USDA's export sales report for the week ending September 26, significant increases in Upland cotton sales were observed, particularly for Vietnam (29,100 RB, including a decrease of 6,900 RB), Pakistan (25,400 RB, including a decrease of 600 RB), Peru (14,000 RB), Guatemala (11,300 RB, including a decrease of 100 RB), and China (8,500 RB). These gains were offset by reductions in sales to Malaysia (17,600 RB) and Japan (100 RB). Additionally, net sales of 39,600 RB for the 2025-26 season were destined for Malaysia.

Exports of Upland cotton totalled 107,100 RB, reflecting a 35 per cent increase from the previous week, but a 13 per cent drop from the prior 4-week average. The primary destinations were Pakistan (26,800 RB), Mexico (15,000 RB), Vietnam (11,300 RB), China (9,700 RB), and Honduras (8,200 RB).

Net sales of Pima cotton amounted to 9,500 RB for the 2024-25 season, down by 13 per cent from the previous week and 17 per cent below the prior 4-week average. Increases were mainly noted for India (6,200 RB, including a decrease of 1,700 RB), Peru (1,000 RB), Djibouti (900 RB), Turkiye (500 RB), and Thailand (400 RB), offset by a reduction in sales to Japan (100 RB). Exports of Pima cotton reached 6,500 RB, an 8 per cent decrease from the previous week, but a 4 per cent rise from the prior 4-week average. Major destinations included India (4,500 RB), Bangladesh (800 RB), Pakistan (400 RB), Egypt (400 RB), and Japan (100 RB).

Fibre2Fashion News Desk (KUL)

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