Cotton: Net sales of 350,900 RB for 2019/2020--a marketing-year high--were up 6 percent from the previous week and 15 percent from the prior 4-week average. Increases primarily for Vietnam (152,000 MT, including 2,600 RB switched from South Korea), Turkey (74,000 RB), Pakistan (49,300 RB), Bangladesh (44,200 RB), and Indonesia (20,500 RB, including 1,200 RB switched from Japan), were offset by reductions primarily for China (48,400 RB). For 2020/2021, net sales of 57,300 RB were for Bangladesh (26,200 RB), Pakistan (18,500 RB), Malaysia (6,600 RB), Indonesia (5,300 RB), and Ecuador (700 RB). Exports of 400,500 RB were down 4 percent from the previous week, but up 20 percent from the prior 4-week average. Exports were primarily to Pakistan (93,400 RB), Vietnam (81,500 RB), Turkey (63,100 RB), China (52,200 RB), and Bangladesh (36,200 RB). Net sales of Pima totaling 10,900 RB were up 98 percent from the previous week, but down 42 percent from the prior 4-week average. Increases primarily for India (5,200 RB), Egypt (2,200 RB), Turkey (1,200 RB), Thailand (1,000 RB), and Italy (800 RB, including 300 RB switched from China), were offset by reductions for China (500 RB). Exports of 7,400 RB were up 28 percent from the previous week, but down 10 percent from the prior 4-week average. The primary destinations were India (2,100 RB), Pakistan (1,500 RB), El Salvador (900 RB), Peru (900 RB), and Bangladesh (800 RB).
Exports for Own Account: For 2019/2020, new exports for own account totaling 25,000 RB were primarily to Indonesia (17,900 RB), Vietnam (3,900 RB), Pakistan (1,000 RB), South Korea (1,000 RB), and Bangladesh (900 RB). Exports for own account totaling 9,900 RB to Vietnam (4,700 RB), Pakistan (3,200 RB), Bangladesh (1,100 RB), China (600 RB), and Japan (200 RB) were applied to new or outstanding sales. Decreases were reported for India (1,100 RB). The current exports for own account outstanding balance of 40,000 RB is for Indonesia (17,900 RB), Vietnam (7,500 RB), Bangladesh (6,200 RB), India (4,300 RB), China (2,700 RB), South Korea (1,000 RB), and Malaysia (400 RB).
