US Cotton Spot Market Situation (Four)
The following US cotton export sales weekly is based on the report submitted by the exporter on February 18, 2011 -24.
Upland cotton
Net sales of 153300 packages, significantly higher than last week, compared with the average sales volume increased by 50%.
The report shows that the number of buyers increased in Bangladesh (48300 bales), Turkey (31600 packs), Vietnam (17300 packs), Mexico (12800 packages), and Peru (9400 packages).
The report shows that Japan has reduced (1000 packs) and Bahrain has reduced (400 packs).
2011/12 net sales of 250000 packages for the year. The main buyers are China (106100 bales), Turkey (23900 bales), South Africa (21100 pack), Taiwan, China (18800 pack), and Vietnam (17400 pack).
The report shows that Indonesia has reduced (5000 packs).
423300 cotton exports were reduced by 7% compared with last week, and 4% less than the average export volume.
The main destinations are China (119800 bales), Turkey (88200 packages), Brazil (49900 packages), Mexico (22200 packages), Indonesia (21300 pack), and Pakistan (19300 pack).
U.S.A
Pima cotton
Net sales of 4300 packs, a decrease of 54% over last week, compared with four weeks average
Sale
The number is reduced by 55%.
The report shows that the number of buyers increased by India (2200 bales), Italy (900 packages), China (800 packets, pferred from Japan), and Bangladesh (700 packages).
The report shows that Japan has reduced (700 packs).
2011/12 net sales of 3600 packages, mainly buyers in China (1800 packages), Peru (900 packages), and Thailand (400 pack).
Pima cotton exports 19100 packages, the main destinations are China (13700 packages), Peru (1100 packs), Japan (1000 packages), and India (900 pack).
The next report will be released on Thursday, March 10, 2011.
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