According to the weekly report of the US Department of Agriculture, shipment volumes reached 113,200 RB, indicating that earlier commitments are being honoured, but this did little to offset concerns around slowing forward demand. Outstanding sales declined to 3.37 million RB, sharply lower than 4.51 million RB a year ago, underscoring reduced coverage by international buyers. Accumulated exports rose to 2.07 million RB, largely reflecting execution rather than fresh demand.
Buying was concentrated in a handful of destinations. Vietnam and Turkiye led weekly bookings with 61,500 RB and 59,800 RB respectively, followed by Pakistan at 17,100 RB and Bangladesh at 15,000 RB. China’s participation remained limited at 5,700 RB, reinforcing the view that major consumers are sourcing cautiously and avoiding large-volume commitments.
Forward sales remained muted, with just 1,800 RB booked for the next marketing year, signalling weak confidence in longer-term demand visibility. Market participants noted that the export report lacked depth and breadth, aligning with a broader narrative of subdued yarn offtake, tight mill margins, and persistent uncertainty across global textile markets.
Pima cotton export sales also reflected a subdued tone during the week, reinforcing the broader softness flagged by market participants. Net Pima sales for the current marketing year were limited to 8,900 running bales, unchanged from the same week last year, while outstanding sales fell to 63,600 bales from 104,400 bales a year ago. Accumulated Pima exports stood at 97,900 bales, down from 109,900 bales last season, pointing to weaker premium cotton demand amid cautious purchasing by high-end spinners.
ALCHEMPro News Desk (KUL)
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