US Upland cotton export sales and shipments improved in the week ended December 11, driven by stronger net bookings and better execution of existing contracts, according to USDA.
However, lower outstanding sales year on year signalled cautious forward demand.
Vietnam and China led buying.
Pima cotton showed marginal gains in sales and shipments, but overall demand for premium cotton remained subdued.
However, lower outstanding sales year on year signalled cautious forward demand.
Vietnam and China led buying.
Pima cotton showed marginal gains in sales and shipments, but overall demand for premium cotton remained subdued.