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American Pima Exports

Thursday, July 02, 2015

For the week ending July 2, 2015 and shipments through June 25, 2015

JULY 2 — There were 7,900 bales of net new sales reported for the week versus 3,900 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 425,600 bales. This level of sales is 62.7% of the sales level at the same time last year when 678,900 bales in sales had already been registered. Current shipments stand at 53.7% of last year with 342,300 bales shipped versus 638,000 bales shipped at the same time last year.

There were 8,200 bales of new purchases made this week from China (3,200), Peru (2,000), Vietnam (1,800), Germany (900), Indonesia (300) and India (100).

There were no destination changes this past week.

There were 300 bales of cancellations this past week from China (-300).

Export shipments this past week totaled 7,800 bales versus 18,600 bales the previous week. Shipments this past week went to China (3,000), India (2,500), Germany (1,500), Pakistan (300), Japan (200), Thailand (200) and Peru (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 214,300 bales. India, Pakistan, Peru and Indonesia round out the top five with purchases of 63,000 bales, 27,800 bales, 15,800 bales and 15,200 bales respectively. These five nations account for 79.0% of all the export-based purchases of U.S. Pima made to date this year.

There were 3,200 bales in new forward sales reported this week. The current new crop sales totals stand at 5,100 and 0 bales respectively for the 2014/15 and 2015/16 years.

The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm

Export Sales Summary

Destination 07/2/15* 2013/14 2012/13 2011/12 2010/11
Belgium 0.1 0.1 0.1 1.6 0.7
Germany 11.3 16.0 15.4 11.5 20.4
Italy 1.0 2.0 1.5 3.1 6.2
Portugal 0.1 0.0 0.0 0.0 0.0
Switzerland 5.3 0.9 2.3 3.0 0.3
Turkey 5.1 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 23.1 46.5 57.6 35.5 31.8
Bangladesh 10.8 12.1 27.9 14.4 8.7
China 214.3 391.6 451.0 298.7 188.9
India 63.0 78.7 126.2 76.6 72.3
Indonesia 15.2 30.5 33.1 29.7 38.7
Japan 13.6 16.3 15.1 14.2 42.7
Korean Republic 3.4 10.0 9.7 18.6 18.0
Pakistan 27.8 26.9 63.8 100.3 47.9
Taiwan 4.9 3.0 3.8 5.8 11.8
Thailand 15.1 23.2 25.6 13.5 16.3
Other Asia and Oceania 3.6 0.5 0.1 1.1 1.7
Asia Totals 371.7 592.8 756.3 572.9 446.7
Brazil 0.2 0.5 1.4 0.4 0.7
Canada 0.0 0.0 0.0 0.0 0.0
Chile 0.0 0.0 0.0 0.0 0.0
Ecuador 0.0 0.0 0.0 0.0 0.0
Guatemala 0.1 0.3 0.5 0.4 0.2
Honduras 0.8 1.3 0.4 0.3 0.6
Mexico 2.5 2.6 3.1 3.8 2.7
Peru 15.8 22.9 14.5 27.2 33.4
Salvador 0.0 0.0 0.0 0.0 0.0
Venezuela 0.0 0.0 0.0 0.0 0.0
Western Hemisphere Totals 19.4 27.6 19.9 32.1 37.6
Rest of World 11.7 15.3 32.8 9.0 7.4
World Totals 425.6 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – July 2, 2015
1996 - 2015 sales listed in thousand running bales
* 2014/15 sales listed in running bales through June 25, 2015

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.

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