US Cotton Exports Rose Marginally, But The Trade Situation Was Volatile And Increased.

The US Department of agriculture's report on export sales shows that in the week ending July 25th, the United States cotton Export sales amounted to 375 thousand packages, and the growth rate was 1%. However, affected by the turmoil in the Sino US trade situation, overnight ICE cotton Down to more than two weeks low. So far this year, US cotton prices have fallen by 15% due to the protracted trade disputes between China, one of the biggest consumers of cotton and one of the largest producers.

Note: the USDA export sales report usually publishes data on sales and export shipments of cotton and other crops in the United States on the week of Thursday. The accumulated data can reflect the export situation of US agricultural products. The reported data include the net sales and new sales figures for the current market year and the next market year. The annual sales year of the US cotton began in August 1st.