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American Pima Exports

Thursday, August 28, 2014

For the week ending August 28, 2014 and shipments through August 21, 2014

AUGUST 28 — There were 2,900 new sales reported for the week versus 2,600 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 57,800 bales. This level of sales is 29.8% of the sales level at the same time last year when 193,900 bales in sales had already been registered. Current shipments stand at 32.6% of last year with 12,400 bales shipped versus 38,000 bales shipped at the same time last year.

There were 2,900 bales new purchases made this week from India (1,000), China (900), Indonesia (600), Austria (200) and Japan (200).

There were 600 bales in destination changes this past week from China (-600) to Egypt (600).

There were no cancellations this past week.

Export shipments this past week totaled 3,500 bales versus 4,200 bales the previous week. Shipments this past week went to India (1,100), Indonesia (900), China (600), Egypt (600), Italy (200), Honduras (100) and Japan (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 11,800 bales. Germany, India, Egypt and Japan round out the top five with purchases of 8,700 bales, 7,000 bales, 6,800 bales and 5,400 bales respectively. These five nations account for 68.7% 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 08/28/14* 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 11.8 391.6 451.0 298.7 188.9
India 7.0 78.7 126.2 76.6 72.3
Indonesia 4.6 30.5 33.1 29.7 38.7
Japan 5.4 16.3 15.1 14.2 42.7
Korean Republic 0.7 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 1.9 23.2 25.6 13.5 16.3
Other Asia and Oceania 0.1 0.5 0.1 1.1 1.7
Asia Totals 34.2 592.8 756.3 572.9 446.7
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 57.8 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – August 28, 2014
1996 - 2014 sales listed in thousand running bales
* 2014/15 sales listed in running bales through August 21, 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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