Net contract volume continues to fall, and shipment volume rebounds

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Net contract volume continues to fall, and shipment volume rebounds

On March 20, the United States Department of Agriculture (USDA) released the US Cotton Export Weekly report that during the week of March 7 to March 12 in the United States, the U.S. 2013/14 annual contract sales of upland cotton were 11,521 tons, a decrease of 15 percent from the previous week. %, which is 36% lower than the average value in the recent four weeks, with Turkey (4286 tons), China (2064 tons), Vietnam (1860 tons), India (1429 tons), South Korea (794 tons) and Peru (703 tons).

Shipments of 74,616 tons during the week were 25% higher than the previous week and 7% higher than the average value in the recent four weeks. They were mainly shipped to mainland China (19527 tons), Turkey (17849 tons), Vietnam (9299 tons), Mexico (4468 tons), Indonesia. (4400 tons) and South Korea (3651 tons).

During the same period, the net signing of mainland China was approximately 2,064 tons; shipments were 19,527 tons.

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