American Pima Exports
Thursday, May 19, 2016
For the week ending May 19, 2016 and shipments through May 12, 2016
MAY 19 — Net sales of 11,700 bales were reported for the week versus 5,200 bales in sales the previous week. Current registered export sales for the 2015/16 crop year now total 487,200 bales. This level of sales is 131.5% of the sales level at the same time last year when 370,600 bales in sales had already been registered. Current shipments stand at 149.0% of last year with 394,300 bales shipped versus 264,700 bales shipped at the same time last year.
There were 12,000 bales in new purchases made this week by China (5,000), India (3,100), Japan (2,100), Peru (900), Taiwan (400), Vietnam (300) and Indonesia (200).
There were no destination changes this past week.
There were 300 bales in cancellations this past week from China (-300).
Export shipments this past week totaled 12,100 bales versus 9,600 bales the previous week. Shipments week went to China (5,700), Pakistan (1,700), Egypt (1,400), Peru (1,300), India (900), Indonesia (500), Japan (300), Korea (300) and Guatemala (100).
The top five leading importers for the 2015/16 crop year are led by China with purchases of 163,400 bales. India, Pakistan, Turkey and Peru round out the top five with purchases of 113,500 bales, 44,000 bales, 42,400 bales and 20,600 bales respectively. These five nations account for 78.8% of all the export-based purchases of American Pima made to date this year.
There were 4,000 new forward sales reported this week to India (4,000). The current new crop sales totals stand at 8,700 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
|Other Western Europe||2.9||0.2||0.0||1.0||0.4|
|Other Asia and Oceania||13.1||3.6||0.5||0.1||1.1|
|Western Hemisphere Totals||24.1||20.3||27.6||19.9||32.1|
|Rest of World||14.4||11.8||15.3||32.8||9.0|
Source - USDA-FAS U.S. Export Sales – May 19, 2016
1996 - 2016 sales listed in thousand running bales
* 2015/16 sales listed in running bales through May 12, 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.