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American Pima Exports

Thursday, July 30, 2015

For the week ending July 30, 2015 and shipments through July 23, 2015

JULY 30 — There were 2,100 bales of net new sales reported for the week versus 2,200 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 444,500 bales. This level of sales is 65.1% of the sales level at the same time last year when 682,500 bales in sales had already been registered. Current shipments stand at 59.0% of last year with 384,000 bales shipped versus 651,400 bales shipped at the same time last year.

There were 2,100 bales of new purchases made this week from China (1,700) and Turkey (400).

There were no destination changes this past week.

There were no cancellations this past week.

Export shipments this past week totaled 14,700 bales versus 4,700 bales the previous week. Shipments this past week went to China (9,600), Germany (1,200), Indonesia (1,100), Switzerland (900), Thailand (900), Bangladesh (400), Brazil (200), Korea (200), Pakistan (200), Japan (100) and Turkey (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 228,200 bales. India, Pakistan, Peru and Thailand round out the top five with purchases of 63,600 bales, 29,300 bales, 16,700 bales and 15,400 bales respectively. These five nations account for 79.5% of all the export-based purchases of U.S. Pima made to date this year.

There were 4,000 bales in new forward sales reported this week to China (2,900) and Pakistan (1,100). The current new crop sales totals stand at 11,700 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 07/30/15* 2013/14 2012/13 2011/12 2010/11
Belgium 0.1 0.1 0.1 1.6 0.7
Germany 11.9 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 5.6 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 24.2 46.5 57.6 35.5 31.8
Bangladesh 10.8 12.1 27.9 14.4 8.7
China 228.2 391.6 451.0 298.7 188.9
India 63.6 78.7 126.2 76.6 72.3
Indonesia 15.2 30.5 33.1 29.7 38.7
Japan 14.2 16.3 15.1 14.2 42.7
Korean Republic 3.3 10.0 9.7 18.6 18.0
Pakistan 29.3 26.9 63.8 100.3 47.9
Taiwan 4.9 3.0 3.8 5.8 11.8
Thailand 15.4 23.2 25.6 13.5 16.3
Other Asia and Oceania 3.6 0.5 0.1 1.1 1.7
Asia Totals 388.5 592.8 756.3 572.9 446.7
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 16.7 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 20.3 27.6 19.9 32.1 37.6
Rest of World 11.8 15.3 32.8 9.0 7.4
World Totals 444.5 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – July 30, 2015
1996 - 2015 sales listed in thousand running bales
* 2014/15 sales listed in running bales through July 23, 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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