Cotton: Net sales of 370,300 RB for 2019/2020 were down 15 percent from the previous week, but up noticeably from the prior 4-week average. Increases primarily for China (217,500 RB, including 3,500 RB switched from Vietnam, decreases of 35,200 RB, and late 900 RB – see below), Vietnam (102,600 RB, including 1,800 RB switched from South Korea, 400 RB switched from Taiwan, 400 RB switched from Japan, decreases of 1,000 RB, and late 73,500 RB – see below), Taiwan (18,300 RB, including late 15,900 RB – see below), Bangladesh (10,900 RB, including decreases of 200 RB), and Turkey (10,300 RB, including decreases of 2,300 RB and late 9,600 RB – see below), were offset by reductions primarily for Mexico (7,000 RB), El Salvador (3,200 RB), and Pakistan (2,800 RB). For 2020/2021, net sales of 55,900 RB were primarily for China (22,000 RB), Vietnam (11,400 RB), Turkey (6,600 RB), and Mexico (5,000 RB). Exports of 370,300 RB were up 46 percent from the previous week and 12 percent from the prior 4-week average. Exports were primarily to Vietnam (125,100 RB, late 41,500 RB – see below), China (56,500 RB, late 900 RB – see below), Turkey (51,500 RB, late 8,700 RB – see below), Pakistan (32,200 RB, late 1,800 RB – see below), and Taiwan (23,700 RB, 15,700 RB – see below). Net sales of Pima totaling 2,400 RB were up noticeably from the previous week and from the prior 4-week average. Increases were primarily for Austria (1,400 RB) and Bangladesh (900 RB). Exports of 3,200 RB were down 54 percent from the previous week and 80 percent from the prior 4-week average. The destinations were primarily to China (2,100 RB) and Egypt (1,100 RB).
Exports for Own Account: For 2019/2020, the current exports for own account outstanding balance of 27,700 RB is for Indonesia (15,300 RB), Bangladesh (6,500 RB), China (2,500 RB), India (1,700 RB), Pakistan (1,000 RB), Malaysia (400 RB), and Vietnam (300 RB).
Late Reporting: For 2019/2020, net sales totaling 125,500 RB of upland cotton were reported late. These sales were reported for Vietnam (73,500 RB), Taiwan (15,900 RB), Turkey (9,600 RB), South Korea (8,900 RB), Thailand (4,700 RB), Indonesia (3,400 RB), Pakistan (2,700 RB), Japan (2,000 RB), Ecuador (1,300 RB), Italy (900 RB), Bangladesh (900 RB), China (900 RB), El Salvador (800 RB), and Mexico (100 RB). For 2019/2020, exports totaling 86,500 of upland cotton were reported late. The destinations were to Vietnam (41,500 RB), Taiwan (15,700 RB), Turkey (8,700 RB), South Korea (7,000 RB), Thailand (3,800 RB), Indonesia (2,500 RB), Japan (2,000 RB), Pakistan (1,800 RB), Ecuador (1,300 RB), China (900 RB), El Salvador (800 RB), Italy (500 RB), and Mexico (100 RB).
Source: USDA-FAS