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American Pima Exports

Thursday, September 11, 2014

For the week ending September 11, 2014 and shipments through September 5, 2014

SEPTEMBER 11 — There were 2,400 new sales reported for the week versus 5,300 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 65,500 bales. This level of sales is 29.8% of the sales level at the same time last year when 220,000 bales in sales had already been registered. Current shipments stand at 25.4% of last year with 15,100 bales shipped versus 59,500 bales shipped at the same time last year.

There were 2,400 bales of new purchases made this week from India (800), Indonesia (700), China (600), Thailand (300) and Korea (100).

There were no destination changes this past week.

There were no cancellations this past week.

Export shipments this past week totaled 1,500 bales versus 1,200 bales the previous week. Shipments this past week went to Bangladesh (400), Japan (400), Thailand (200), Turkey (200), India (100), Malaysia (100) and Mexico (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 13,400 bales. India, Germany, Egypt and Indonesia round out the top five with purchases of 9,600 bales, 8,700 bales, 6,800 bales and 6,000 bales respectively. These five nations account for 67.9% 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 totals stand at 0 bales each for 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 09/11/14* 2013/14 2012/13 2011/12 2010/11
Belgium 0.1 0.1 0.1 1.6 0.7
Germany 8.7 16.0 15.4 11.5 20.4
Italy 0.4 2.0 1.5 3.1 6.2
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 2.6 0.9 2.3 3.0 0.3
Turkey 0.3 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 12.3 46.5 57.6 35.5 31.8
Bangladesh 1.8 12.1 27.9 14.4 8.7
China 13.4 391.6 451.0 298.7 188.9
India 9.6 78.7 126.2 76.6 72.3
Indonesia 6.0 30.5 33.1 29.7 38.7
Japan 5.6 16.3 15.1 14.2 42.7
Korean Republic 0.8 10.0 9.7 18.6 18.0
Pakistan 0.9 26.9 63.8 100.3 47.9
Taiwan 0.0 3.0 3.8 5.8 11.8
Thailand 2.4 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.4 0.5 0.1 1.1 1.7
Asia Totals 41.9 592.8 756.3 572.9 446.7
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 0.0 0.3 0.5 0.4 0.2
Honduras 0.8 1.3 0.4 0.3 0.6
Mexico 1.8 2.6 3.1 3.8 2.7
Peru 2.0 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 4.8 27.6 19.9 32.1 37.6
Rest of World 6.8 15.3 32.8 9.0 7.4
World Totals 65.5 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – September 11, 2014
1996 - 2014 sales listed in thousand running bales
* 2014/15 sales listed in running bales through September 5, 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.

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