Cotton: Net sales of 37,400 RB for 2021/2022 were down 22 percent from the previous week and 57 percent from the prior 4-week average. Increases primarily for Turkey (14,700 RB, including decreases of 15,100 RB), Vietnam (13,200 RB, including 2,200 RB switched from South Korea and 400 RB switched from Japan), China (10,000 RB, including 100 RB switched from India), Peru (2,600 RB), and Taiwan (1,300 RB), were offset by reductions primarily for Thailand (2,500 RB), South Korea (2,200 RB), and India (1,300 RB). Net sales of 381,900 RB for 2022/2023 were primarily for Pakistan (98,700 RB), Turkey (95,500 RB), Bangladesh (66,100 RB), Vietnam (47,900 RB), and China (22,000 RB). Exports of 377,800 RB were up 4 percent from the previous week and 7 percent from the prior 4-week average. The destinations were primarily to China (106,900 RB), Vietnam (58,800 RB), Turkey (51,500 RB), Pakistan (45,200 RB), and India (23,800 RB). Net sales of Pima totaling 900 RB for 2021/2022 were up 19 percent from the previous week and 9 percent from the prior 4-week average. Increases were primarily for Thailand (600 RB), Italy (200 RB), and Malaysia (100 RB). Net sales of 5,500 RB for 2022/2023 were reported for Turkey (3,300 RB), India (1,300 RB), and Germany (900 RB). Exports of 10,500 RB were up 64 percent from the previous week and 41 percent from the prior 4-week average. The destinations were primarily to China (3,900 RB), Vietnam (1,900 RB), Thailand (1,700 RB), India (1,500 RB), and Ethiopia (500 RB).
Optional Origin Sales: For 2021/2022, options were exercised to export 2,100 RB to Vietnam from the United States. The current outstanding balance of 12,700 RB is for Vietnam (10,200 RB) and Pakistan (2,500 RB).
Export for Own Account: For 2021/2022, new exports for own account totaling 16,600 RB were to Vietnam (10,900 RB) and China (5,700 RB). Exports for own account totaling 5,200 RB primarily to Vietnam (4,000 RB) were applied to new or outstanding sales. The current exports for own account outstanding balance of 50,100 RB is for China (31,400 RB), Vietnam (13,900 RB), and Indonesia (4,800 RB).
Source: USDA-FAS