US cotton exports rise with significant gains in China & Vietnam: USDA
According to the export sales report from the US Department of Agriculture for the week ending April 18, cotton export sales increased mainly to China (94,700 RB, of which a decrease of 500 RB), Pakistan (26,800 RB, of which a decrease of 100 RB), Vietnam (14,200 RB, including 100 RB transferred from Japan and a decrease of 1,000 RB), Turkiye (9,700 RB) and Taiwan (5,500 RB).
U.S. cotton net export sales at Upland for 2023-2024 reached 177,100 bales, marking a 21% increase from the previous week and a 73% increase from the four-week average. Large increases were recorded mainly in exports to China, Pakistan and Vietnam. Sales of Pima cotton also increased significantly, mainly in Vietnam and China.
Net sales of 65,700 RB in 2024-25 came mainly from China (22,000 RB), Honduras (12,100 RB), Turkiye (11,000 RB), Mexico (10,000 RB) and Guatemala (4,900 RB). Exports of 261,700 RB were down 2% from the previous week and down 18% from the previous four-week average. The main destinations are China (99,800 RB), Pakistan (39,100 RB), Turkiye (27,000 RB), Vietnam (24,900 RB) and Bangladesh (24,600 RB).
Pima's net sales, which totaled 12,500 RB in 2023-24, increased significantly from the previous week and were 94% higher than the previous four-week average. The increase was mainly in Vietnam (5,200 RB), China (4,500 RB), India (2,300 RB, including a decrease of 300 RB), Guatemala (200 RB) and Germany (100 RB). Exports of 10,100 RB were up 73% over the previous week and 29% over the previous four-week average. Destinations are mainly to China (3,800 RB), India (3,700 RB), Peru (1,300 RB), Turkiye (800 RB) and Pakistan (400 RB).
Fiber2 Fashion News Desk (KUL)