Luxury Cotton for Fashion and Home Textiles

American Pima Exports

Thursday, April 28, 2016

For the week ending April 28, 2016 and shipments through April 21, 2016

APRIL 28 — Net sales of 25,900 were reported for the week versus 13,100 bales in sales the previous week. Current registered export sales for the 2015/16 crop year now total 459,100 bales. This level of sales is 140.4% of the sales level at the same time last year when 327,000 bales in sales had already been registered. Current shipments stand at 162.6% of last year with 359,600 bales shipped versus 221,100 bales shipped at the same time last year.

There were 25,900 bales in new purchases made this week by China (11,800), Pakistan (6,000), India (5,700), Vietnam (2,200), Japan (100) and Thailand (100).

There were no destination changes this past week.

There were no cancellations this past week.

Export shipments this past week totaled 14,400 bales versus 11,200 bales the previous week. Shipments week went to China (8,200), India (3,100), Germany (800), Peru (700), Vietnam (500), Switzerland (400), Japan (300), Thailand (300), Colombia (100), Italy (100) and United Kingdom (100).

The top five leading importers for the 2015/16 crop year are led by China with purchases of 156,900 bales. India, Turkey, Pakistan and Peru round out the top five with purchases of 101,900 bales, 42,400 bales, 41,200 bales and 19,700 bales respectively. These five nations account for 78.9% of all the export-based purchases of American Pima made to date this year.

There were no new forward sales reported this week. The current new crop sales totals stand at 2,500 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

Destination 04/28/16* 2014/15 2013/14 2012/13 2011/12
Belgium 0.0 0.1 0.1 0.1 1.6
Germany 9.9 11.9 16.0 15.4 11.5
Italy 1.4 1.0 2.0 1.5 3.1
Portugal 0.0 0.1 0.0 0.0 0.0
Switzerland 2.2 5.5 0.9 2.3 3.0
Turkey 42.4 5.6 27.5 37.3 15.9
Other Western Europe 2.9 0.2 0.0 1.0 0.4
Europe Totals 58.8 24.4 46.5 57.6 35.5
Bangladesh 8.0 10.8 12.1 27.9 14.4
China 156.9 228.1 391.6 451.0 298.7
India 101.9 63.6 78.7 126.2 76.6
Indonesia 17.3 15.3 30.5 33.1 29.7
Japan 8.2 14.2 16.3 15.1 14.2
Korean Republic 1.7 3.3 10.0 9.7 18.6
Pakistan 41.2 29.2 26.9 63.8 100.3
Taiwan 2.9 4.9 3.0 3.8 5.8
Thailand 12.3 15.4 23.2 25.6 13.5
Other Asia and Oceania 12.7 3.6 0.5 0.1 1.1
Asia Totals 363.1 388.4 592.8 756.3 572.9
Brazil 0.8 0.2 0.5 1.4 0.4
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 0.2 0.1 0.3 0.5 0.4
Honduras 0.7 0.8 1.3 0.4 0.3
Mexico 1.8 2.5 2.6 3.1 3.8
Peru 19.7 16.7 22.9 14.5 27.2
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 23.2 20.3 27.6 19.9 32.1
Rest of World 13.9 11.8 15.3 32.8 9.0
World Totals 459.0 444.6 681.7 866.3 649.6

Source - USDA-FAS U.S. Export Sales – April 28, 2016
1996 - 2016 sales listed in thousand running bales
* 2015/16 sales listed in running bales through April 21, 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.

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