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US export shipments reach season high amidst sales decline: USDA

07 Feb '25
2 min read
US export shipments reach season high amidst sales decline: USDA
Pic: Adobe Stock

Insights

  • US net sales of Upland and Pima cotton for the 2024-25 season declined, with significant decreases from the previous week and the four-week average.
  • Despite this, export shipments notably increased, reaching a season high.
  • The main buyers included Turkiye, Pakistan, and Vietnam, with Malaysia and Japan also purchasing cotton for the 2025-26 season.
Net sales of Upland cotton in the United States for the 2024-25 season totalled 188,900 running bales (RB), each weighing 226.8 kg (500 pounds), during the week ending January 30, 2025. This marks a decrease of 33 per cent from the previous week and 30 per cent from the prior four-week average. However, US cotton export shipments were higher than in the previous period.

The increases were primarily for Turkiye (49,700 RB, including decreases of 200 RB), Pakistan (44,300 RB, including decreases of 700 RB), Vietnam (30,800 RB, including 1,700 RB switched from South Korea, 100 RB switched from Japan, and decreases of 300 RB), China (15,200 RB, including decreases of 300 RB), and Bangladesh (12,400 RB). These were offset by reductions for Hong Kong (1,800 RB), South Korea (700 RB), Mexico (300 RB), and Costa Rica (100 RB). Net sales of 14,900 RB for 2025-26 were primarily for Malaysia (13,200 RB) and Japan (1,200 RB).

The export shipment of 221,100 RB for the week was up 44 per cent from the previous week and 12 per cent from the prior four-week average. The destinations were primarily to Vietnam (58,900 RB), Pakistan (36,400 RB), China (26,500 RB), Turkiye (25,900 RB), and Mexico (17,200 RB).

Net sales of Pima totalling 5,900 RB for 2024-25 were down 18 per cent from the previous week, but up 4 per cent from the prior four-week average. Increases were primarily for Peru (2,400 RB), India (1,800 RB), Vietnam (900 RB), Turkiye (300 RB), and Indonesia (200 RB). The exports of 15,500 RB—a marketing-year high—were up 97 per cent from the previous week and were noticeably up from the prior four-week average. The destinations were primarily to India (7,500 RB), Peru (1,900 RB), Vietnam (1,500 RB), China (1,300 RB), and Turkiye (1,000 RB).

Fibre2Fashion News Desk (KUL)

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