According to the latest USDA’s Weekly Export Sales Report of week ending 8 November, net sales of 67,600 RB for 2018-19 were down 26% from the previous week, but up noticeably from the prior 4-week average.
Increases were reported for Pakistan (24,500 MT, including decreases of 2,000 RB), Vietnam (23,300 RB, including 6,200 RB switched from South Korea, 6,000 RB switched from Pakistan, 3,300 RB switched from Japan, 2,500 RB switched from Indonesia, 600 RB switched from Taiwan, and decreases of 13,000 RB), Malaysia (12,300 RB), Mexico (6,900 RB), and Turkey (5,600 RB). Reductions were reported for China (7,000 RB), Japan (4,100 RB), Thailand (3,300 RB), and South Korea (2,200 RB).
For 2019-20, net sales of 45,900 RB were primarily reported for China (22,000 RB), Vietnam (11,000 RB), South Korea (4,000 RB), Thailand (3,500 RB), and Mexico (3,100 RB).
Exports of 113,000 RB were down 25% from the previous week and 16% from the prior 4-week average. Exports were primarily to Vietnam (39,900 RB), Mexico (14,800 RB), Pakistan (13,000 RB), Bangladesh (8,900 RB), and Thailand (6,400 RB).
Net sales of Pima totaling 16,200 RB for 2018/2019 were up noticeably from the previous week and up 34% from the prior 4-week average.
Increases were reported for China (12,000 RB), India (2,900 RB), and Pakistan (1,200 RB). Exports of 3,300 RB were down 3% from the previous week and 33% from the prior 4-week average. The destinations were India (3,000 RB), Peru (100 RB), Turkey (100 RB), and Malaysia (100 RB).
Optional origin sales
For 2018-19, the current outstanding balance of 1,800 RB is for Vietnam.
Exports for own account
The current exports for own account outstanding balance is 7,200 RB, all China.
