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Weekly US cotton sales fall from the 20/21 crop, but jump from 21/22

Posted by Rafael Moro

Image: Pixabay

Weekly sales of US cotton in the 2020/21 harvest, between April 23 and April 29, totaled 63.70 thousand bales, according to the US Department of Agriculture (USDA, in English) this Thursday (06). Weekly drop of 17% and volume 56% less than the average of the last four weeks.

The main destination for US sales in the past week was Pakistan, with a record of 19.20 thousand bales. As for the 2021/22 harvest, there was a jump in the report of net sales to 61.20 thousand bales of the North American feather, with 21.60 thousand bales purchased by Bangladesh.

Considering the two harvests, sales of 124.90 thousand bales were recorded in the week ended on April 29.

Shipments for the period totaled 456.60 thousand t, up 34% from the previous week and about 35% higher than the average of the previous four weeks calculated by the USDA. China was the main destination with 155 thousand bales, including 78.60 thousand bales in arrears.

By: Jhonatas Simião | Notícias Agrícolas

This text was automatically translated from Portuguese.