Cotton: Net sales of 23,100 RB for 2022/2023 were down 79 percent from the previous week and 76 percent from the prior 4-week average. Increases primarily for Bangladesh (18,200 RB), Vietnam (5,600 RB, including 2,000 RB switched from South Korea and 900 RB switched from Japan), Honduras (3,200 RB), Taiwan (2,000 RB), and Turkey (1,900 RB), were offset by reductions for Pakistan (6,600 RB), South Korea (2,000 RB), China (1,800 RB), and El Salvador (700 RB). Net sales of 51,000 RB for 2023/2024 primarily for China (36,000 RB), Honduras (9,800 RB), Pakistan (2,500 RB), Bangladesh (2,200 RB), and Vietnam (1,300 RB), were offset by reductions for South Korea (1,300 RB). Exports of 208,300 RB were down 20 percent from the previous week and 14 percent from the prior 4-week average. The destinations were primarily to China (76,800 RB), Turkey (34,600 RB), Pakistan (27,300 RB), Bangladesh (18,800 RB), and Vietnam (15,000 RB). Net sales of Pima totaling 6,800 RB for 2022/2023 were up 87 percent from the previous week and up noticeably from the prior 4-week average. Increases reported for India (5,100 RB), Vietnam (3,500 RB), and Thailand (100 RB switched from Japan), were offset by reductions for Italy (1,800 RB) and Japan (100 RB). Net sales of 300 RB for 2023/2024 resulting in increases for India (2,500 RB), were offset by reductions for Italy (2,200 RB). Exports of 1,400 RB were down 67 percent from the previous week and 76 percent from the prior 4-week average. The destinations were primarily to Honduras (500 RB), Guatemala (300 RB), Bangladesh (300 RB), and Japan (200 RB).
Export for Own Account: For 2022/2023, new exports for own account totaling 1,200 RB were to Taiwan. Exports for own account totaling 2,400 RB primarily to Taiwan (1,200 RB) were applied to new or outstanding sales. Decreases of 1,200 RB were to Vietnam. The current exports for own account outstanding balance of 94,200 RB are for China (66,700 RB), Vietnam (17,400 RB), Pakistan (5,000 RB), South Korea (2,400 RB), India (1,500 RB), and Turkey (1,200 RB).
Source: USDA-FAS