American Pima Exports
Thursday, March 06, 2014
For the week ending March 6, 2014 and shipments through February 27, 2014
MARCH 6 — There were 22,600 bales in net new sales reported for the period versus 14,900 bales in sales the previous week. Current registered export sales for the 2013/14 crop year now total 596,700 bales. This level of sales is 89.2% of the sales level at the same time last year when 669,100 bales in sales had already been registered. Current shipments stand at 99.8% of last year with 420,600 bales shipped versus 421,500 bales shipped at the same time last year.
There were 22,800 bales in new purchases made this week from China (9,800), Turkey (4,500), Peru (2,600), Japan (2,500), Indonesia (2,400), India (500) and Thailand (400).
There were no destination changes this past week.
There were 100 bales in cancellations this past week from China (-100).
Export shipments this past week totaled 13,100 bales for the week versus 11,000 bales the previous week. Shipments this past week went to China (9,300), Korea (1,200), Italy (900), India (800), Peru (400), Indonesia (200), Thailand (200), Honduras (100) and Pakistan (100).
The top five leading importers for the 2013/14 crop year are led by China with purchases of 358,100 bales. India, Pakistan, Indonesia and Turkey round out the top five with purchases of 66,000 bales, 24,000 bales, 23,400 bales and 22,400 bales respectively. These five nations account for 82.8% of all the export-based purchases of U.S. Pima made to date this year.
There were no new forward sales reported this week. The current new crop sales total stand at 5,400 bales and 0 bales respectively for 2014/15 and 2015/16.
The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm
Export Sales Summary
|Other Western Europe||0.0||1.0||0.4||0.0||0.0|
|Other Asia and Oceania||0.2||0.1||1.1||1.7||1.9|
|Western Hemisphere Totals||20.0||19.9||32.1||37.6||19.5|
|Rest of World||8.9||32.8||9.0||7.4||18.4|
Source - USDA-FAS U.S. Export Sales – March 6, 2014
1996 - 2013 sales listed in thousand running bales
* 2013/14 sales listed in running bales through February 27, 2014
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.