Cotton: Net sales of 43,400 RB for 2023/2024 were down 82 percent from the previous week and 63 percent from the prior 4-week average. Increases primarily for China (21,700 RB, including decreases of 1,700 RB), Indonesia (16,700 RB), Mexico (5,000 RB), Bangladesh (4,000 RB, including decreases of 2,800 RB), and Guatemala (3,000 RB), were offset by reductions for Pakistan (8,600 RB), Turkey (1,100 RB), and South Korea (300 RB). Exports of 104,000 RB--a marketing-year low--were down 31 percent from the previous week and 28 percent from the prior 4-week average. The destinations were primarily to China (35,600 RB), Pakistan (17,700 RB), Mexico (14,900 RB), Vietnam (11,100 RB), and Bangladesh (11,100 RB). Net sales of Pima totaling 2,500 RB for 2023/2024 were down 49 percent from the previous week and 56 percent from the prior 4-week average. Increases were reported for India (1,900 RB), Colombia (200 RB), South Korea (200 RB), Japan (100 RB), and China (100 RB). Exports of 3,400 RB were down 32 percent from the previous week and 17 percent from the prior 4-week average. The destinations were to China (2,200 RB), Vietnam (400 RB), Pakistan (400 RB), India (300 RB), and Thailand (100 RB).
Optional Origin Sales: For 2023/2024, new optional origin sales of 4,400 RB were reported for Bangladesh. The current outstanding balance of 5,300 RB were reported for Bangladesh (4,400 RB) and Pakistan (900 RB).
Exports for Own Account: For 2023/2024, new exports for own account totaling 21,700 RB were to China. The current exports for own account outstanding balance of 126,900 RB are for China (107,500 RB), Vietnam (10,800 RB), Pakistan (5,000 RB), South Korea (2,400 RB), and Turkey (1,200 RB).
Late Reporting: For 2023/2024, exports totaling 100 RB of upland cotton were reported late for India.
Source: USDA-FAS