U.S. EXPORT SALES FOR WEEK ENDING 1/23/2020

U.S. EXPORT SALES FOR WEEK ENDING 1/23/2020

Cotton:  Net sales of 347,100 RB for 2019/2020--a marketing-year high--were up 13 percent from the previous week and 48 percent from the prior 4-week average.  Increases primarily for China (109,900 RB, including decreases of 17,600 RB), Vietnam (78,400 RB), Pakistan (56,800 RB), Turkey (45,600 RB), and Indonesia (30,200 RB, including 300 RB switched from Malaysia and 200 RB switched from Japan), were offset by reductions for India (15,100 RB), El Salvador (1,200 RB), Honduras (700 RB), and Malaysia (300 RB).  For 2020/2021, net sales of 50,200 RB were primarily for China (30,800 RB), Vietnam (8,800 RB), and Pakistan (7,000 RB).  Exports of 327,100 RB were up 16 percent from the previous week and 28 percent from the prior 4-week average.  Exports were primarily to Vietnam (73,600 RB), China (71,400 RB), Pakistan (49,000 RB), Turkey (32,600 RB), and Bangladesh (21,500 RB).  Net sales of Pima totaling 15,800 RB were down 22 percent from the previous week and 16 percent from the prior 4-week average.  Increases were primarily for Vietnam (8,700 RB), Indonesia (4,300 RB), India (1,800 RB), South Korea (300 RB), and Pakistan (300 RB).  Exports of 12,900 RB--a marketing-year high--were up 98 percent from the previous week and from the prior 4-week average.  The primary destinations were Vietnam (3,500 RB), India (2,800 RB), China (2,800 RB), Pakistan (1,300 RB), and El Salvador (1,300 RB).  

Exports for Own Account:  For 2019/2020, new exports for own account totaling 27,100 RB were to Vietnam (22,600 RB), Bangladesh (2,600 RB), and China (1,900 RB).  Exports for own account totaling 10,900 RB primarily to Vietnam (5,600 RB), South Korea (2,300 RB), and Bangladesh (2,200 RB) were applied to new or outstanding sales.  The current exports for own account outstanding balance of 43,400 RB is for Vietnam (22,900 RB), Bangladesh (8,300 RB), India (7,800 RB), and China (4,400 RB).         

      

Source: USDA-FAS
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