November 30, 2019
Cotton: Net sales of 281,500 RB for 2019/2020 were up 24 percent from the previous week and 33 from the prior 4-week average.
Increases primarily for Vietnam (74,100 RB, including 400 RB switched from Hong Kong), Turkey (67,800 RB), Bangladesh (46,400 RB), Malaysia (39,900 RB), and China (39,600 RB, including decreases of 29,900 RB), were partially offset by reductions primarily for Mexico (67,500 RB).
For 2020/2021, net sales of 23,800 RB were for Malaysia (14,100 RB), Thailand (5,300 RB), Japan (2,600 RB), and Indonesia (1,800 RB).
Exports of 184,400 RB were up 34 percent from the previous week and 36 percent from the prior 4-week average. Exports were primarily to Vietnam (37,200 RB), Pakistan (28,700 RB), Mexico (21,300 RB), Indonesia (19,900 RB), and China (18,300 RB).
Net sales of Pima totaling 9,200 RB were up 30 percent from the previous week, but down 48 percent from the prior 4-week average.
Increases were primarily for China (2,100 RB), India (2,000 RB), Peru (2,000 RB), Turkey (1,600 RB), and Vietnam (900 RB). Exports of 11,200 RB were up 91 percent from the previous week and up noticeably from the prior 4-week average.
The primary destinations were India (4,000 RB), Vietnam (3,700 RB), Indonesia (1,000 RB), Turkey (900 RB), and Pakistan (900 RB).
Exports for Own account: For 2019/2020, new exports for own account totaling 5,400 RB were to Vietnam (3,400 RB) and Bangladesh (2,000 RB).
Exports for own account totaling 4,400 RB to Vietnam (2,400 RB) and China (2,000 RB) were applied to new or outstanding sales.
Decreases were reported for India (2,400 RB). The current exports for own account outstanding balance of 18,600 RB is for India (13,000 RB), China (2,500 RB), Bangladesh (2,000 RB), and Vietnam (1,100 RB).