Slow U.S. shipment schedule slows down to 3.266 million tons

According to a foreign report on June 24, due to the sluggish demand from abroad, shipments of US cotton from June 10-16 were only 38,000 tons, which was the lowest level since mid-November. Among them, the shipments of cotton to China and Turkey were 11,900 tons and 4,900 tons, respectively, which were the lowest levels in each week since November; the cumulative shipments to other countries were 21,300 tons, which was the highest in the past 7 months. Weekly minimum level.

Recently, the U.S. Department of Agriculture reduced its forecast for US cotton exports this year to 3.266 million tons, which means that the average annual shipment volume for the rest of the year will reach 50,000 tons, which is difficult from the current situation.