The USDA’s weekly export sales report of 19 September was sober and had little to add in terms of fresh development compared to the recent past.
Net sales of 155,200 RB for 2019-20 were up 83% from the previous week and 33% from the prior 4-week average. Increases were primarily for Pakistan (35,400 RB), Guatemala (30,300 RB), Vietnam (19,800 RB, including 2,200 RB switched from Japan, 4,300 RB switched from Hong Kong, and 900 RB switched from China), Colombia (16,200 RB), and China (14,400 RB). Reductions were for Hong Kong (4,300 RB).
For 2020-21, net sales of 12,800 RB were reported for Guatemala (5,900 RB), Honduras (3,500 RB) and Colombia (3,400 RB). Exports of 175,900 RB were up 6% from the previous week, but down 4% from the prior 4-week average. Exports were primarily to Vietnam (48,700 RB), Indonesia (25,200 RB), Turkey (17,000 RB), Bangladesh (13,200 RB), and India (12,200 RB).
Net sales of Pima totaling 10,300 RB were down 35% from the previous week, but up 62% from the prior 4-week average. Increases were primarily for Vietnam (4,800 RB, including 200 RB switched from Hong Kong), India (2,700 RB, including decreases of 400 RB), China (1,300 RB), Pakistan (900 RB), and Honduras (300 RB). Reductions were for Hong Kong (200 RB). Exports of 3,100 RB were down 58% from the previous week and 54% from the prior 4-week average. The primary destinations were India (1,800 RB), Peru (400 RB), El Salvador (300 RB), Turkey (300 RB), and Japan (200 RB).
Exports for own account
For 2019-20, the current exports for own account outstanding balance of 4,300 RB is for China (2,300 RB), India (1,000 RB), and Vietnam (1,000 RB).
