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Daily global cotton market report

13 Feb '09
4 min read

Exports of 162,000 rb were down 17 percent from the Previous Week and 6 percent from the prior 4-week average. The primary destinations were China (59,000 rb), Mexico (16,400 rb), Indonesia (13,500 rb), Bangladesh (12,600 rb), Pakistan (10,600 rb), and Chile (9,100 rb). Net American Pima sales of 14,400 rb--a marketing-year high--were mainly for India (9,300 rb), China (2,600 rb), and Turkey (900 rb). Exports of 4,900 rb were mainly to Indonesia (2,000 rb) and India (1,800 rb).

Following figures have been collected with a consent that may be of your information and interest.

•2008-09 world mill use estimated at 112.6 million bales, down 2.6 million bales from January.
•2008-09 world production estimated at 109.5 million bales, down 330,000 bales from January.
•2008-09 U.S. mill use at 3.9 million bales, down 300,000 bales from January and down 710,000 bales from the 2007-08 crop.
•2008-09 china mill use estimated at 47.0 million bales, down 1.5 million bales from January.
•2008-09 china imports estimated at 6.5 million bales, down 1.0 million bales from January.

Click here to view 2008-09 world cotton supply and offtake and global fibre prices.

Karachi Cotton Association

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