US Cotton Export Performance Was The Best In Four Months, But Trade Friction Worries Remain.
The US Department of agriculture's report on export sales shows that in the week ending August 8th, the United States cotton Export sales were 480 thousand and 300 packs, the highest in four months. Among them, in 2019-20, net sales of land cotton exports were 329 thousand and 100 packages, and the 2020-21 annual sales of land cotton exports were 151 thousand and 200 packages.
US export sales data are strong, mainly due to increased demand in Bangladesh and Vietnam. Boosted by this good night ICE cotton Once hit a two week high. But trade frictions between China and the United States have been prolonged. Stage cotton So far, it has fallen by about 19% during the year.
Note: the USDA export sales report usually publishes data on sales and export shipments of cotton and other crops in the United States on the week of Thursday. The accumulated data can reflect the export situation of US agricultural products. The reported data include the net sales and new sales figures for the current market year and the next market year. The annual sales year of the US cotton began in August 1st.
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