US Upland cotton export sales weakened in the week ended December 25, easing from both the previous week and last year, while shipments stayed relatively firm.
Outstanding sales declined sharply year on year, reflecting thinner forward coverage.
However, cumulative exports remained ahead of last year, supported by steady shipments to Vietnam and other Asian markets despite softer new bookings.
Outstanding sales declined sharply year on year, reflecting thinner forward coverage.
However, cumulative exports remained ahead of last year, supported by steady shipments to Vietnam and other Asian markets despite softer new bookings.
