American Pima Exports
Thursday, August 25, 2016
For the week ending August 25, 2016 and shipments through August 18, 2016
AUGUST 25 — There were 32,300 new net sales reported for the week versus 18,700 bales in sales the previous week. Current registered export sales for the 2016/17 crop year now total 233,500 bales. This level of sales is 233.5% of the sales level at the same time last year when 72,700 bales in sales had already been registered. Current shipments stand at 157.7% of last year with 41,000 bales shipped versus 26,000 bales shipped at the same time last year.
There were 32,300 bales in new purchases made this week to China (23,100), India (5,800), Egypt (1,800), Pakistan (900), Turkey (600), Mexico (100) and Korea (100).
There were 700 bales in destination changes this past week from Hong Kong (-400), Japan (-300) to China (400), Indonesia (300) and Thailand (100).
There were 200 bales in cancellations this past week from China (-100) and India (-100).
Export shipments this past week totaled 29,100 bales versus 5,900 bales the previous week. Shipments this past week went to China (8,500), India (7,800), Pakistan (3,000), Germany (2,200), Thailand (2,200), Egypt (1,300), Mexico (900), Japan (800), Turkey (700), Indonesia (500), Korea (400), Peru (400), Honduras (300) and Brazil (100).
The top five leading importers for the 2016/17 crop year are led by India with purchases of 101,200 bales. China, Pakistan, Egypt and Thailand round out the top five with purchases of 58,200 bales, 34,500 bales, 12,200 bales and 4,500 bales respectively. These five nations account for 90.2% of all the export-based purchases of U.S. Pima made to date this year.
There were 6,100 bales new forward sales reported this week to Koera. The current new crop sales totals stand at 6,100 and 0 bales respectively for the 2017/18 and 2018/19 years.
The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm
Export Sales Summary
|Other Western Europe||0.0||3.0||0.2||0.0||1.0|
|Other Asia and Oceania||0.5||15.1||3.6||0.5||0.1|
|Western Hemisphere Totals||12.5||26.4||20.3||27.6||19.9|
|Rest of World||233.5||18.8||11.8||15.3||32.8|
Source - USDA-FAS U.S. Export Sales – August 25, 2016
1996 - 2016 sales listed in thousand running bales
* 2016/17 sales listed in running bales through August 18, 2016
NOTE: The figures represented in this table may not exactly match those presented in the USDA-FAS report due to variances in rounding. The information contained herein should only be used for reference purposes.