According to the U.S. Department of Agriculture (USDA), the United States saw a significant increase in land cotton exports during the week of December 10 to December 16, with net contracted exports reaching 71,396 tons. This represents a 65% rise compared to the previous week and a 14% increase from the four-week average. Additionally, total shipments for the week amounted to 71,872 tons, marking a 4% increase from the prior week. Over the past four weeks, the average price of U.S. cotton has risen by 26%.
In terms of Pima cotton, the net contracted exports this year totaled 2,585 tons, while 2,858 tons were shipped. Meanwhile, 13,812 tons of upland cotton and 4,150 tons of Pima cotton were exported in November and December.
During the same period, China signed a net contract to import 32,817 tons of land cotton, which accounted for 46% of the total contracted volume for the week. The country also shipped 27,261 tons of land cotton this week. In addition, 1,179 tons of Pima cotton were shipped this year, and an additional 499 tons were contracted for next year.
This year's land cotton contracts were primarily directed to China (32,817 tons, including 113 tons transferred from South Korea and 23 tons canceled), Turkey (11,793 tons), Bangladesh (6,872 tons), Thailand (5,443 tons), Brazil (1,996 tons), and Japan, which had a net negative signing of about 204 tons.
Upland cotton was shipped to China (27,261 tons), Turkey (11,521 tons), Indonesia (6,282 tons), and Vietnam (4,128 tons).
For Pima cotton, this year’s contracts were mainly to India (961 tons), Japan (907 tons), and Pakistan (590 tons), with a net negative signing to Switzerland (91 tons) and China (91 tons). Shipments of Pima cotton included 1,179 tons to China, 499 tons to Pakistan, 386 tons to India, and 249 tons to Bangladesh.
Looking ahead, the main contracts for land cotton in the coming year are expected to go to Thailand (4,967 tons) and India (3,447 tons). For Pima cotton, the upcoming contracts include Pakistan (2,245 tons), India (1,134 tons), and China (499 tons).
Overall, the U.S. cotton export market remains strong, with increased demand from key international buyers, particularly in Asia. These figures highlight the continued importance of the U.S. as a global supplier of high-quality cotton.
Rayon Fabric,Rayon Textile,Rayon Cotton Mixed Cloth,Summer Dress Cotton Fabric
Shaoxing Aiyi Textile Co., Ltd. , https://www.aiyitextile.com