US Cotton Export Net Contract Again Negative

2011/12/12 10:05:00 17

According to the US Department of agriculture (USDA) released in December 8th

American cotton

Export weekly, November 25th -12 1, this week, the US land.

Cotton clean

The contracted sale is -7711 tons.

The increase in the number of contracts was in the mainland of China (6056 tons), Mexico (1497 tons), Turkey (953 tons) and Indonesia (771 tons).

The areas where net contracts were negative were mainly Bangladesh (-7439 tons), South Korea (-3742 tons), Vietnam (-3243 tons) and Pakistan (-1792 tons).

Sales of new cotton 239 tons in 2012/13.

The shipment of 51075 tons during the week increased by 48% compared with the previous week, which was 59 percentage points higher than the average value of nearly four weeks.

They are mainly shipped to the mainland of China (26740 tons) and Turkey (8482 tons).

Mexico

(3833 tons) and South Korea (2767 tons).

Mainland China signed a net contract of 6056 tons a week, a decrease of 59% over last week, and a shipment of 26740 tons, an increase of 29% over last week, accounting for 77% of the total freight volume.

In the week, the export volume of the US upland cotton was 51 thousand and 100 tons, an increase of 48% over the previous week, an increase of 59% over the previous four weeks, mainly to China (26 thousand and 700 tons), Turkey, Mexico and South Korea.

In the week of 2011/12, the net contract volume of the export of Pima cotton was 2 thousand and 500 tons, the highest record since this year. The main buyers are China (2 thousand tons), Pakistan and Thailand.

The export volume of Pima cotton is 4 thousand and 400 tons, the highest in the year. It is mainly shipped to China (2 thousand and 200 tons), Pakistan, Peru and India.