U.S. EXPORT SALES FOR WEEK ENDING 5/30/2024

U.S. EXPORT SALES FOR WEEK ENDING 5/30/2024

Cotton:  Net sales of Upland totaling 138,700 RB for 2023/2024 were down 38 percent from the previous week and 34 percent from the prior 4-week average. Increases primarily for China (71,700 RB, including 1,100 RB switched from Hong Kong and 100 RB switched from Singapore), Pakistan (28,200 RB), Vietnam (25,100 RB, including 400 RB switched from South Korea), El Salvador (3,700 RB), and Bangladesh (3,400 RB), were offset by reductions for Hong Kong (1,100 RB), Taiwan (1,100 RB), South Korea (400 RB), and Singapore (100 RB). Net sales of 54,100 RB for 2024/2025 primarily for Mexico (28,700 RB), Vietnam (21,100 RB), South Korea (3,300 RB), Pakistan (2,200 RB), and China (2,200 RB), were offset by reductions for Turkey (4,400 RB) and Honduras (200 RB). Exports of 157,000 RB were down 9 percent from the previous week and 27 percent from the prior 4-week average. The destinations were primarily to China (56,200 RB), Mexico (15,400 RB), Turkey (14,600 RB), Pakistan (14,400 RB), and Vietnam (10,500 RB). Net sales of Pima totaling 2,000 RB for 2023/2024 were down 63 percent from the previous week and 68 percent from the prior 4-week average. Increases were reported for Pakistan (900 RB), Bangladesh (400 RB), Peru (400 RB), India (200 RB, including decreases of 1,200 RB), and Vietnam (100 RB). Exports of 8,100 RB were up 29 percent from the previous week, but down 2 percent from the prior 4-week average. The destinations were primarily to India (2,700 RB), Ethiopia (1,700 RB), Pakistan (1,000 RB), Vietnam (900 RB), and Brazil (400 RB).

Optional Origin Sales:  For 2023/2024, the current outstanding balance of 4,400 RB, all Bangladesh. For 2024/2025, the current outstanding balance of 8,800 RB, all Pakistan. 

Exports for Own Account:  For 2023/2024, new exports for own account totaling 9,600 RB were to China. Exports for own account totaling 5,800 RB to China were applied to new or outstanding sales. The current exports for own account outstanding balance of 110,400 RB are for China (83.500 RB), Vietnam (14,700 RB), Pakistan (7,300 RB), South Korea (3,700 RB), and Turkey (1,200 RB).

Source: USDA-FAS
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