US Upland Cotton Exports Recover; Pima Muted
US Upland cotton export sales showed a modest recovery in the week ending December 4, although demand remained subdued on a year-on-year basis, according to the US Department of Agriculture’s weekly export sales report.
Net Upland sales for the current marketing year edged up to 153,300 running bales (RB), each weighing 226.8 kg, from 135,900 RB the previous week. This was broadly in line with last year’s 153,000 RB, pointing to stabilisation rather than a clear rebound in buying appetite.
Shipments eased week on week to 101,600 RB from 122,100 RB but were in line with the year-ago level, reflecting continued execution of existing contracts. Accumulated exports rose to 2.41 million RB from 2.31 million RB a week earlier and exceeded 2.28 million RB in the same week last year. Outstanding sales increased marginally to 3.47 million RB from 3.42 million RB but remained well below 4.73 million RB a year ago, underlining weaker forward coverage by global mills.
Forward sales for the next marketing year stayed limited at just 300 RB, sharply lower than 3,300 RB booked in the same week last year, highlighting ongoing caution over future yarn demand and margins.
Buying remained selective. Vietnam led weekly bookings with 70,400 RB, followed by Pakistan at 14,100 RB and the Republic of Korea at 11,700 RB. Turkiye booked 11,000 RB, while India added 7,600 RB and Bangladesh 4,400 RB. Although Vietnam’s demand remained relatively strong, overall participation was narrower than historical norms, reinforcing the view that mills are buying hand-to-mouth amid persistent uncertainty across global textile markets.
Pima cotton export activity was largely steady but muted. Net Pima sales for the current marketing year totalled 6,200 RB, slightly below 6,900 RB a year earlier. Outstanding sales fell to 58,500 RB from 63,100 RB last week and were well below 105,600 RB in the same period last year. Accumulated Pima exports increased to 119,600 RB from 104,600 RB a week earlier, indicating shipment-driven progress rather than renewed buying interest, as premium spinners continued to procure cautiously in a weak downstream environment.
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