The Net Contract Volume Of US Cotton Exports In 2016/17 Is 44 Thousand And 900 Tons.

The US Department of agriculture report shows that on September 2016 9-15, the net contract volume of US cotton exports in 2016/17 was 44 thousand and 900 tons, up 45% from the previous week, 26% lower than the average of the previous four weeks.

Mainly from Vietnam, Indonesia, China (5307 tons), Thailand and Mexico.

Salvatore and Nicaragua cancelled part of the contract.

2017/18 year

The contract is 408 tons, the buyer is Mexico.

In 2016/17, the installed capacity of upland cotton was 35 thousand and 700 tons, an increase of 26% over the previous week, which was 15% lower than that of the previous four weeks.

They are mainly shipped to Vietnam, Indonesia, Mexico, Pakistan and India.

In 2016/17, the net export volume of Pima cotton was 3696 tons, an increase of 38% over the previous week, but decreased by 19% compared with the previous week. The new signing came from India, China (544 tons), Pakistan, Peru and Egypt.

2016/17 year

The shipment volume was 1814 tons, 21% higher than the front axle, but 41% lower than the average value of the previous four weeks. It was mainly shipped to India, China (385 tons), Pakistan, Egypt and Turkey.

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Due to market rumors that India's cotton exports will be postponed until the new cotton output has been thoroughly clarified, the Pakistan textile mill has panic buying, and the cotton market has been very active.

Traders said that India's delay in cotton exports caused the market to worry about the tight supply in India, which led to a stronger cotton price in India.

It is reported that Pakistan's main cotton producing area has been attacked by pests recently, and cotton production prospects are still not optimistic.

At present, the average daily seed cotton market in Pakistan is about 8500 tons -10000 tons.