U.S. EXPORT SALES FOR WEEKENDING 7/27/2017

Cotton:  Net upland sales reductions of 55,700 RB for 2016/2017--a marketing-year low--were down noticeably from the previous week and from the prior 4-week average.  Increases were reported for Taiwan (3,000 RB), India (1,700 RB), Turkey (1,300 RB), and El Salvador (100 RB).  Reductions were reported for South Korea (20,200 RB), Vietnam (14,200 RB), Pakistan (11,500 RB), and Indonesia (6,100 RB).  For 2017/2018, net sales of 126,500 RB reported for South Korea (22,400 RB), Mexico (20,800 RB), Vietnam (18,800 RB), and Bangladesh (14,800 RB), were partially offset by reductions for India (9,200 RB).  Exports of 275,300 RB were down 16 percent from the previous week, but unchanged from the prior 4-week average.  The primary destinations were Turkey (73,600 RB), Vietnam (42,900 RB), Indonesia (28,800 RB), China (23,000 RB), and Mexico (23,000 RB).  Net sales reductions of Pima totaling 700 RB for 2016/2017 were reported for Egypt.  For 2017/2018, net sales of 12,600 RB were reported for primarily India (4,800 RB), Pakistan (4,400 RB), and Indonesia (2,000 RB).  Exports of 9,200 RB were up 16 percent from the previous week and 67 percent from the prior 4-week average.  The destinations were primarily China (3,500 RB), India (1,400 RB), Japan (1,000 RB), and Egypt (900 RB).

Optional Origin Sales:  For 2017/2018, the current outstanding balance is 7,900 RB, all Indonesia.

Exports for Own Account:  New exports for own account totaling 6,100 RB were reported for Indonesia (5,100 RB), Thailand (700 RB), and Vietnam (300 RB).  Exports to Vietnam (1,300 RB), Taiwan (1,300 RB), Thailand (700 RB), and Indonesia (700 RB) were applied to new or outstanding sales.  Decreases were reported for Indonesia (2,000 RB).   The current outstanding balance of 69,300 RB is for Indonesia (46,500 RB), Taiwan (13,100 RB), India (3,800 RB), Bangladesh (2,800 RB), South Korea (2,100 RB), Vietnam (500 RB), and Pakistan (500 RB).

Source: https://apps.fas.usda.gov/export-sales/cottfax.htm