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US Upland cotton sales down 54%, Pima up 36% this week: USDA

04 Jan '25
2 min read
US Upland cotton sales down 54%, Pima up 36% this week: USDA
Pic: Adobe Stock

Insights

  • Net sales of Upland cotton in the US for the 2024-25 season dropped 54 per cent week-on-week to 128,900 RB, with major buyers being Turkiye, Pakistan, and Vietnam.
  • Pima sales rose 36 per cent to 1,700 RB, driven by Costa Rica, India, and Japan.
  • Exports for both Upland and Pima cotton fell, with Vietnam and Peru leading as primary destinations, according to the USDA report.
Net sales of Upland cotton in the United States for the 2024-25 season totalled 128,900 running bales (RB), each weighing 226.8 kg (500 pounds), during the week ending December 26. This marks a decline of 54 per cent compared to the previous week and a decrease of 35 per cent from the prior four-week average.

According to the weekly sales report from the US Department of Agriculture (USDA), released on Friday evening, the primary increases were recorded for Turkiye (41,300 RB), Pakistan (30,000 RB, including decreases of 4,100 RB), Vietnam (26,500 RB, including 3,600 RB switched from Hong Kong), Honduras (7,800 RB), and China (6,900 RB, including decreases of 2,900 RB). These gains were offset by reductions for Hong Kong (3,600 RB).

For the same week, total net sales of 5,300 RB for the 2025-26 season were reported for Honduras. Exports of 115,800 RB declined by 18 per cent compared to the previous week and the prior four-week average. The primary destinations were Vietnam (33,800 RB), Pakistan (25,300 RB), China (24,900 RB), Turkiye (5,500 RB), and Peru (4,300 RB).

Net sales of Pima cotton totalling 1,700 RB for the 2024-25 season increased by 36 per cent from the previous week and 51 per cent from the prior four-week average. Increases were recorded for Costa Rica (900 RB), India (700 RB), and Japan (100 RB). Exports of 6,500 RB were down by 52 per cent from the previous week and 31 per cent from the prior four-week average. The primary destinations were Peru (3,800 RB), India (2,100 RB), Bangladesh (300 RB), Turkiye (200 RB), and Pakistan (100 RB).

ALCHEMPro News Desk (KUL)

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