Cotton: Net sales of 59,300 RB for 2021/2022--a marketing-year low--were down 6 percent from the previous week and 76 percent from the prior 4-week average. Increases primarily for Turkey (27,100 RB), India (24,400 RB, including decreases of 16,100 RB), Indonesia (6,700 RB, including 200 RB switched from Japan), Vietnam (6,200 RB, including 900 RB switched from South Korea), and Peru (6,200 RB), were offset by reductions for China (24,800 RB) and South Korea (1,700 RB). Net sales of 132,000 RB for 2022/2023 were primarily for Mexico (62,700 RB), Turkey (17,600 RB), Peru (13,200 RB), Guatemala (11,400 RB), and South Korea (7,900 RB). Exports of 333,800 RB were down 27 percent from the previous week and 14 percent from the prior 4-week average. The destinations were primarily to China (122,700 RB), Pakistan (43,800 RB), Turkey (37,400 RB), Vietnam (32,700 RB), and Mexico (20,700 RB). Net sales of Pima totaling 2,100 RB were down 68 percent from the previous week and 71 percent from the prior 4-week average. Increases were primarily for Pakistan (900 RB), Indonesia (900 RB), and Colombia (200 RB). Net sales of 4,100 RB for 2022/2023 were reported for India (4,000 RB) and Japan (100 RB). Exports of 18,100 RB were up 49 percent from the previous week and 92 percent from the prior 4-week average. The destinations were primarily to India (5,500 RB), Peru (4,400 RB), China (3,600 RB), Honduras (1,700 RB), and Vietnam (700 RB).
Optional Origin Sales: For 2021/2022, the current outstanding balance of 57,200 RB is for Vietnam (52,800 RB) and Pakistan (4,400 RB).
Exports for Own Account: For 2021/2022, the current exports for own account outstanding balance is 100 RB, all Vietnam.
Source: USDA-FAS