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US Upland cotton sales up 27%, Pima down 93% this week: USDA

20 Dec '24
2 min read
US Upland cotton sales up 27%, Pima down 93% this week: USDA
Pic: Adobe Stock

Insights

  • Net sales of Upland cotton in the US for the 2024-25 season reached 194,900 running bales, up 27 per cent week-on-week but down 19 per cent from the four-week average.
  • Major increases were noted in sales to Vietnam, Pakistan, and Turkiye, offset by reductions to Hong Kong.
  • Exports decreased, while Pima cotton sales hit a seasonal low, with significant exports to India and other countries.
Net sales of Upland cotton in the United States for the 2024-25 season totalled 194,900 running bales (RB), each weighing 226.8 kg (500 pounds), for the week ending December 12. This represents a rise of 27 per cent from the previous week and a decrease of 19 per cent from the prior four-week average.

According to the weekly sales report from the US Department of Agriculture (USDA), released on Thursday evening, the increases were primarily noted for Vietnam (42,400 RB, including 400 RB switched from Hong Kong), Pakistan (37,000 RB, including decreases of 2,200 RB), Turkiye (32,100 RB), Indonesia (16,000 RB, including 200 RB switched from Japan), and Mexico (11,100 RB). These were offset by reductions for Hong Kong (400 RB). Total net sales of 6,900 RB for 2025-26 were recorded for Mexico.

The exports for the week totalled 128,600 RB, down 6 per cent from the previous week and 10 per cent from the prior four-week average. The primary destinations were Pakistan (25,500 RB), Vietnam (23,800 RB), China (22,700 RB), Bangladesh (11,700 RB), and Mexico (10,200 RB).

Net sales of Pima totalled 500 RB for 2024-25, marking a marketing-year low. These were down 93 per cent from the previous week and 94 per cent from the prior four-week average. Increases were reported for India (200 RB, including decreases of 400 RB), Mexico (200 RB), and Japan (100 RB).

The exports of Pima cotton amounted to 12,000 RB, up 84 per cent from the previous week and significantly higher than the prior four-week average. The main destinations were India (6,600 RB), Peru (1,700 RB), Egypt (1,100 RB), Pakistan (900 RB), and China (900 RB).

ALCHEMPro News Desk (KUL)

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