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USDA: last week the annual contract amount and the highest - seven weeks Textile information - Textile net - Textile integrated service provider
According to the United States department of agriculture, as a result of American cotton contracts of cancellations, the United States as of June 14, 2017/18 cotton net export sales decreased to 381. 50000 tons, rose 47. 40000 tons, an increase of 14%. The 2018/19 cotton net export contract amount up to 119. 30000 tons, the year-on-year increase in 29. 80000 tons, an increase of 33%, the completion of the USDA export forecasts of 35%, up from 22% a year earlier. As of June 14, a week, the United States upland cotton net increase signings for next year 6. 70000 tons, the highest in nearly seven weeks. As of June 14, American cotton shipped quantity up to 3. 01 million tons, complete the USDA export forecast of 85%, less than 87% a year ago. To complete the USDA export forecast, American cotton average shipped quantity of about 7 weeks in the future. 60000 tons.