Cotton report on June 25

According to USDA, in the week of 6.9-6.15, the net signing of upland cotton in the United States this year was 9,684 tons, a decrease of 57% from the previous week and a decrease of 83% from the last four weeks. Shipment of 53,705 tons was reduced by 3% and 15% respectively.

China’s net contracted 7,620 tons decreased by 52%, and the shipment of 12,134 tons increased by 111%.