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US Cotton Export Weekly: Increased Contract Volume and Reduced Shipment

(Summary description)

The USDA report shows, 26 February-4 March 2021, In 2020/21, the United States had 48,000 tons of land cotton, Up 25% from the week before, Compared with the previous four weeks of the average increase of 5. The main buyers were China (13100 tons), Viet Nam (6963 tons), Turkey (6872 tons), Pakistan (5352 tons) and Bangladesh (4831 tons). Net land cotton contract volume for 2021/22 is 20900 tons, The main buyers were Mexico (12800 tons), Turkey (5284 tons) and China (2290 tons).

That week, The United States shipped 79700 tons of land cotton in 2020/21, 7% less than the previous week, It is 1% less than the average of the first four weeks. Destinations include China (21300 tons), Vietnam (15900 tons), Pakistan (13600 tons), Turkey (8323 tons) and Mexico (5125 tons).

The net contract volume for the year 2020/21 was 2812 tons, 58% more than the previous week, 13% more than the previous four-week average, The main buyers were China (998 tons), India (771 tons), Pakistan (522 tons), Germany (204 tons) and Thailand (159 tons). That week, U.S. exports of 5375 tons of lint in 2020/21, A significant increase from the previous and previous four-week averages, Mainly shipped to India (1678 tons), China (930 tons), Pakistan (816 tons), Peru (680 tons) and Viet Nam (476 tons).

Keyword:
US,Cotton

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