By admin       2018-01-08

Cotton Net sales of 193,900 running bales for 2017/2018 were up 19 percent from the previous week, but down 17 percent from the prior 4-week average. Increases were reported for India (59,300 RB, including 2,200 RB switched from China), Vietnam (43,000 RB, including 5,800 RB switched from China and decreases of 100 RB), Turkey (28,400 RB), Indonesia (22,600 RB, including 1,100 RB switched from Japan), and China (21,000 RB, including 800 RB switched from Hong Kong, 600 RB switched from Vietnam, and decreases of 11,900 RB). Reductions were reported for Hong Kong (800 RB) and Japan (100 RB). For 2018/2019, net sales of 93,200 RB reported for Mexico (106,000 RB), China (4,400 RB) and Vietnam (400 RB), were partially offset by reductions for Pakistan (15,400 RB) and Thailand (2,200 RB). Exports of 208,500 RB were down 25 percent from the previous week and 1 percent from the prior 4-week average. The primary destinations were China (52,700 RB), Vietnam (38,600 RB), Pakistan (22,700 RB), Turkey (21,900 RB), and Indonesia (15,700 RB). Net sales of Pima totaling 5,500 RB for 2017/2018 were down 57 percent from the previous week, but up 4 percent from the prior 4-week average. Increases were reported for India (3,800 RB), Egypt (900 RB), Japan (900 RB), and Vietnam (400 RB, switched from Hong Kong). Reductions were reported for Hong Kong (400 RB). Exports of 10,400 RB were down 49 percent from the previous week and 43 percent from the prior 4-week average. The primary destinations were China (6,500 RB), India (2,200 RB), Vietnam (500 RB), and Thailand (400 RB). Optional Origin Sales: The current optional origin outstanding balance of 16,500 RB is for Indonesia. Exports for Own Account: New exports for own account totaling 600 RB were reported to Indonesia. The current outstanding balance of 77,300 RB is for Indonesia (42,700 RB), Taiwan (11,600 RB), China (9,700 RB), Vietnam (7,500 RB), India (3,800 RB), South Korea (1,100 RB), Bangladesh (500 RB), Turkey (300 RB), and Pakistan (100 RB).

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