METAL STOCK ECONOMY China Gold Sector 1st-Qtr. 1999 Profit Leaps 48% from 1998
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Beijing-May 13-FWN--China"s gold sector raked in a profit of 186 million yuan ($US22.8 million) in the first quarter of this year, 48% more XX0A00 KEYWORDS: FIBER USDA TABLE Weekly Cotton Sales Report
Washington-May 13-FWN--The following is the Weekly Cotton Sales Report for the week ended May 6, 1999:
Cotton: Net Upland sales of 50,400 running bales (RB) were two and two-fifths times the week earlier and 45% above the 4-week average. The major buyer was Turkey (32,500 RB), with smaller quantities to Mexico (7,100 RB), China (5,200 RB), Taiwan (3,600 RB), and Malaysia (3,100 RB). Net sales for the 1999/2000 marketing year of 22,100 RB were mainly for El Salvador (12,500 RB) and Indonesia (4,100 RB).
Exports of 48,300 RB were 17% over the previous week and 36% above the 4-week average. Asian destinations accounted for 63% of the week"s shipments; Western Hemisphere, 31%; and West European, 6%. The primary destinations were Mexico (12,200 RB), Japan (8,300 RB), Taiwan (8,100 RB), and Hong Kong (4,700 RB). U.S. EXPORT
SALES ALL UPLAND 1404 WEEK ENDING 05/06/99 CURRENT MY NEXT MY
THIS YEAR THIS YEAR WEEK AGO WEEK AGO OUTSTANDING SALES KNOWN 871.2 1,856.1 531.6 843.5 UNKNOWN 6.9 38.2 4.1 0.5 TOTAL 878.1 1,894.3 535.7 844.0 OPTIONAL ORIGIN 0.0 0.0 0.0 0.0 ACCUMULATED EXPORTS 3,089.0 5,349.2 EXPORTS FOR OWN ACCT 0.0 0.0 NET CHANGE IN SALES 50.4 36.5 22.1 30.3 |
