Cotton: Net sales of 109,200 RB for 2022/2023 were down 13 percent from the previous week and 42 percent from the prior 4-week average. Increases primarily for China (61,700 RB, including 1,300 RB switched from Singapore and decreases of 31,100 RB), Mexico (33,100 RB), Vietnam (13,200 RB, including 1,400 RB switched from South Korea and decreases of 100 RB), Japan (2,300 RB, including decreases of 500 RB), and Indonesia (2,000 RB, including 600 RB switched from Japan), were offset by reductions for Turkey (3,500 RB), Pakistan (1,500 RB), Singapore (1,300 RB), and South Korea (1,000 RB). Net sales of 130,400 RB for 2023/2024 were primarily for China (76,100 RB), Turkey (15,900 RB), Japan (10,600 RB), Mexico (6,200 RB), and Pakistan (4,400 RB). Exports of 260,100 RB were up 16 percent from the previous week and 2 percent from the prior 4-week average. The destinations were primarily to Turkey (64,300 RB), China (62,300 RB), Pakistan (41,800 RB), Vietnam (27,100 RB), and Indonesia (15,500 RB). Net sales of Pima totaling 3,700 RB for 2022/2023 were up 3 percent from the previous week and 51 percent from the prior 4-week average. Increases were reported for India (3,600 RB) and Colombia (100 RB). Total net sales of 900 RB for 2023/2024 were for India. Exports of 4,200 RB were down 72 percent from the previous week and 46 percent from the prior 4-week average. The destinations were primarily to Vietnam (1,800 RB) and India (1,800 RB).
Optional Origin Sales: For 2022/2023, options were excised to export 300 RB to Malaysia from the United States.
Export for Own Account: For 2022/2023, new exports for own account totaling 400 RB were to Vietnam. Decreases of 200 RB were to China. The current exports for own account outstanding balance of 96,500 RB are for China (66,700 RB), Vietnam (19,700 RB), Pakistan (5,000 RB), South Korea (2,400 RB), India (1,500 RB), and Turkey (1,200 RB).
Source: USDA-FAS