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11th to 17th November Highlights of Purchases by India in Current Harvest
For the 2022/23 harvest, weekly cotton sales in the US from November 11 to 17 were down by 116.40 thousand bales and up by 25.10 thousand bales, giving prominence to India, the USDA said. USA (USDA, in English) this Friday (25).
For the full business year, the North American country has already shipped 8.68 million bales, up from 8.80 million bales in the previous week and 8.97 million bales in the same period a year earlier. USDA’s total estimate, according to the latest report, is 11.71 million bales of exports.
From the 2023/24 season, the US recorded net sales of 12,300 bales, compared to 8,100 bales in the previous week, with Turkey accounting for the main purchases.
Cotton exports totaled 143,700 bales last week, according to data reported by the USDA on Tuesday, with China’s imports heavily weighted.
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Jonadas Simeo
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Agricultural news
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