logo
US Upland cotton sales plunge 93%, Pima down 25% this week: USDA

US Upland cotton sales plunge 93%, Pima down 25% this week: USDA

Fibre2Fashion5 days ago
Net sales of Upland cotton in the United States for the 2024–25 season totalled 5,500 running bales (RB), each weighing 226.8 kg (500 pounds), during the week ending July 10, 2025. This represents a sharp decline of 93 per cent from the previous week but remains 89 per cent above the prior four-week average.
According to the USDA Weekly Export Sales Report, the main buyers were Vietnam (7,600 RB, including 500 RB switched from South Korea), Peru (5,900 RB), Bangladesh (1,200 RB), Turkiye (500 RB), and Indonesia (400 RB, including 400 RB switched from Vietnam). These were offset by reductions primarily for Pakistan (5,900 RB), Thailand (2,300 RB), Japan (900 RB), Italy (700 RB), and South Korea (500 RB).
US weekly net sales of Upland cotton for 2024â€'25 plummeted 93 per cent to 5,500 RB, while Pima sales dropped 25 per cent, according to the USDA. Export shipments also declined sharply. For 2025â€'26, forward Upland sales reached 73,000 RB. Major buyers included Vietnam, Peru and Turkiye, while Pakistan and Italy saw large reductions. Pima exports fell 55 per cent, with India as the top destination.
Net sales of 73,000 RB for the 2025–26 season were mainly for Honduras (22,800 RB), Nicaragua (13,200 RB), Pakistan (8,900 RB), South Korea (6,200 RB), and Turkiye (4,500 RB), partially offset by a reduction for Vietnam (400 RB).
Exports of 156,400 RB were down 35 per cent from the previous week and 29 per cent below the prior four-week average. Major destinations included Vietnam (54,500 RB), Turkiye (28,500 RB), Pakistan (12,400 RB), Mexico (11,500 RB), and India (11,100 RB).
Net sales of Pima cotton totalled 2,600 RB for 2024–25, down 25 per cent from the previous week but significantly above the prior four-week average. Increases were reported for India (2,400 RB), Pakistan (900 RB), Bangladesh (300 RB), and Thailand (300 RB), offset by a reduction for Italy (1,400 RB).
Net sales of 3,400 RB for the 2025–26 season were reported for India (1,900 RB), Italy (1,400 RB), and Thailand (100 RB). Exports of 7,900 RB were down 55 per cent from the previous week and 20 per cent from the prior four-week average. Destinations included India (3,100 RB), Peru (1,900 RB), Egypt (1,300 RB), Pakistan (1,200 RB), and China (400 RB).
Fibre2Fashion News Desk (KUL)
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dutch economy faces trade tensions, elevated inflation: IMF
Dutch economy faces trade tensions, elevated inflation: IMF

Fibre2Fashion

time11 hours ago

  • Fibre2Fashion

Dutch economy faces trade tensions, elevated inflation: IMF

The Dutch economy is currently grappling with multiple challenges, including rising trade tensions and domestic policy uncertainty, according to the International Monetary Fund's (IMF) Article IV consultation. The Dutch economy faces challenges, including trade tensions and domestic policy uncertainty, with inflation remaining high and key bottlenecks. The IMF projects growth at 1.1-1.2 per cent in 2025-2026, driven by domestic demand. It recommends shifting fiscal policy from demand stimulation to supply expansion, boosting productivity, and managing green and demographic transitions. The economy is operating at full capacity, with inflation remaining elevated and critical bottlenecks in various sectors. Domestic demand is projected to drive growth, even as trade tensions affect momentum, with growth expected to reach 1.1 and 1.2 per cent in 2025 and 2026. While the IMF expects domestic demand to support growth, downside risks dominate, primarily due to escalating trade tensions and ongoing domestic policy uncertainty. The IMF's assessment stressed the need for urgent structural reforms, including a pivot in fiscal policy from stimulating demand to expanding supply. Directors concurred that fiscal policy should pivot from stimulating demand to increasing supply, given that real household incomes now exceed pre-pandemic levels, and the economy is operating at capacity amid elevated inflation. Productivity - boosting measures such as enhancing business dynamism, encouraging productivity - enhancing investment through improved access to finance for SMEs, and promoting productivity spillovers were also highlighted as essential for long-term growth. Furthermore, the IMF emphasised the importance of effectively managing the green and demographic transitions to ensure long-term growth and sustainability. The IMF stressed that while the Netherlands has demonstrated resilience in the face of recent shocks, tackling these structural issues will be crucial for maintaining its economic stability and competitiveness. Fibre2Fashion News Desk (HU)

China's power demand climbs 5.4% in June, hits record peak in July
China's power demand climbs 5.4% in June, hits record peak in July

Fibre2Fashion

time11 hours ago

  • Fibre2Fashion

China's power demand climbs 5.4% in June, hits record peak in July

China's electricity consumption in June increased by 5.4 per cent year-over-year (YoY), reaching 867 billion kilowatt-hours, according to the National Energy Administration (NEA). The primary industry consumed 13.3 billion kilowatt-hours (kWh), a 4.9 per cent rise from a year earlier. The secondary industry registered a 3.2 per cent increase to 548.8 billion kWh, NEA said in its latest data. China's electricity consumption rose 5.4 per cent year-on-year in June 2025 to 867 billion kWh, driven by strong residential demand and industrial use, according to the NEA. Cumulative power use for Januaryâ€'June reached 4.84 trillion kWh, up 3.7 per cent. A heatwave in July pushed the national peak load to a historic high of 1.506 billion kilowatts, highlighting climate and economic influences. Residential power use recorded the highest growth, climbing 10.8 per cent YoY to 129.1 billion kWh. In the first half (January-June) of 2025, nationwide electricity consumption totalled 4.84 trillion kWh, marking a 3.7 per cent YoY rise. Between January and June, the cumulative electricity consumption in the primary industry reached 67.6 billion kWh, reflecting an 8.7 per cent increase YoY, and the secondary industry used a total of 3,148.5 billion kWh, a rise of 2.4 per cent YoY. Meanwhile, extreme heat across multiple regions in July led to record-breaking electricity demand. On July 16, the national peak load surged to 1.506 billion kilowatts, surpassing 1.5 billion kilowatts for the first time in history, as per Chinese media reports. Fibre2Fashion News Desk (SG)

India's June retail sales up 8% YoY, apparel leads
India's June retail sales up 8% YoY, apparel leads

Fibre2Fashion

time11 hours ago

  • Fibre2Fashion

India's June retail sales up 8% YoY, apparel leads

India's retail sales grew by 8 per cent in June 2025 compared to the corresponding month last year, according to the 63rd Retail Business Survey released by the Retailers Association of India (RAI). Among categories, apparel and sporting goods led with 10 per cent growth each during the period. Footwear registered a growth of 7 per cent, while furniture and furnishings grew by 8 per cent. India's retail sales rose 8 per cent year-on-year (YoY) in June 2025, as per the RAI. Apparel and sporting goods led with 10 per cent growth, followed by footwear at 7 per cent. West India posted the highest regional growth. RAI CEO Kumar Rajagopalan noted improved momentum ahead of the festive season, with non-discretionary spending offering hope for a broader consumption rebound. Regional data shows that West India recorded the highest year-on-year growth at 10 per cent. North India posted a 9 per cent rise, followed by South and East India, with growth of 7 per cent and 4 per cent respectively, RAI said in a press release. Kumar Rajagopalan, CEO of RAI, said, 'Retail sales grew by 7 per cent in May and 8 per cent in June, following nearly a year of 4–5 per cent year-on-year growth. The festive season begins at the end of August, which may influence how demand evolves. Retailers have a sharp focus on the way consumers are buying non-discretionary goods. Non-discretionary spending creates hope for the consumption market.' Fibre2Fashion News Desk (KUL)

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store