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American Pima Exports

Thursday, October 23, 2014

For the week ending October 23, 2014 and shipments through October 16, 2014

OCTOBER 23 — There were 4,700 new sales reported for the week versus 600 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 81,300 bales. This level of sales is 24.9% of the sales level at the same time last year when 327,100 bales in sales had already been registered. Current shipments stand at 32.3% of last year with 31,600 bales shipped versus 97,900 bales shipped at the same time last year.

There were 4,700 bales of new purchases made this week from China (3,600), Pakistan (400), Japan (300), Thailand (300), India (100) and Turkey (100).

There were no destination changes this past week.

There were no cancellations this past week.

Export shipments this past week totaled 1,000 bales versus 1,000 bales the previous week. Shipments this past week went to Egypt (400), Indonesia (300), China (200), Pakistan (200) and Mexio (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 17,200 bales. India, Germany, Egypt and Indonesia round out the top five with purchases of 16,500 bales, 8,700 bales, 7,300 bales and 7,200 bales respectively. These five nations account for 70% 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 10/23/14* 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 0.3 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 0.6 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 12.5 46.5 57.6 35.5 31.8
Bangladesh 1.8 12.1 27.9 14.4 8.7
China 17.2 391.6 451.0 298.7 188.9
India 16.5 78.7 126.2 76.6 72.3
Indonesia 7.2 30.5 33.1 29.7 38.7
Japan 5.8 16.3 15.1 14.2 42.7
Korean Republic 0.9 10.0 9.7 18.6 18.0
Pakistan 1.9 26.9 63.8 100.3 47.9
Taiwan 0.2 3.0 3.8 5.8 11.8
Thailand 3.5 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.4 0.5 0.1 1.1 1.7
Asia Totals 56.4 592.8 756.3 572.9 446.7
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 1.9 2.6 3.1 3.8 2.7
Peru 2.4 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 5.4 27.6 19.9 32.1 37.6
Rest of World 7.3 15.3 32.8 9.0 7.4
World Totals 81.3 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – October 23, 2014
1996 - 2014 sales listed in thousand running bales
* 2014/15 sales listed in running bales through October 16, 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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