American Pima Exports
Thursday, June 23, 2016
For the week ending June 23, 2016 and shipments through June 16, 2016
JUNE 23 — Net sales of 8,100 bales were reported for the week versus 7,600 bales in sales the previous week. Current registered export sales for the 2015/16 crop year now total 536,100 bales. This level of sales is 128.4% of the sales level at the same time last year when 417,600 bales in sales had already been registered. Current shipments stand at 135.5% of last year with 453,200 bales shipped versus 334,500 bales shipped at the same time last year.
There were 8,100 bales in new purchases made this week by China (4,500), Pakistan (1,800), India (1,300), Egypt (300) and Turkey (200).
There were 900 bales in destination changes this past week from Peru (-900) to China (900).
There were no cancellations this past week.
Export shipments this past week totaled 10,100 bales versus 5,400 bales the previous week. Shipments week went to India (4,100), China (2,500), Pakistan (1,600), Indonesia (500), Japan (300), Vietnam (300), Colombia (200), Thailand (200), Turkey (200) and Italy (100).
The top five leading importers for the 2015/16 crop year are led by China with purchases of 190,800 bales. India, Pakistan, Turkey and Peru round out the top five with purchases of 118,900 bales, 46,700 bales, 42,900 bales and 21,300 bales respectively. These five nations account for 78.5% of all the export-based purchases of American Pima made to date this year.
There were 500 new forward sales reported this week to India (500). The current new crop sales totals stand at 40,500 and 0 bales respectively for the 2016/17 and 2017/18 years.
The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm
Export Sales Summary
|Other Western Europe||2.9||0.2||0.0||1.0||0.4|
|Other Asia and Oceania||13.8||3.6||0.5||0.1||1.1|
|Western Hemisphere Totals||25.1||20.3||27.6||19.9||32.1|
|Rest of World||17.2||11.8||15.3||32.8||9.0|
Source - USDA-FAS U.S. Export Sales – June 23, 2016
1996 - 2016 sales listed in thousand running bales
* 2015/16 sales listed in running bales through June 16, 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.