Luxury Cotton for Fashion and Home Textiles

American Pima Exports

Friday, October 17, 2014

For the week ending October 17, 2014 and shipments through October 9, 2014

OCTOBER 17 — There were 600 new sales reported for the week versus 100 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 76,500 bales. This level of sales is 23.4% of the sales level at the same time last year when 327,100 bales in sales had already been registered. Current shipments stand at 31.2% of last year with 30,500 bales shipped versus 97,900 bales shipped at the same time last year.

There were 600 bales of new purchases made this week from Peru (400) and Korea (200).

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 4,900 bales the previous week. Shipments this past week went to India (700), Austria (200), Honduras (100) and Korea (100).

The top five leading importers for the 2014/15 crop year are led by India with purchases of 16,400 bales. China, Germany, Egypt and Indonesia round out the top five with purchases of 13,700 bales, 8,700 bales, 7,300 bales and 7,100 bales respectively. These five nations account for 69.5% 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 10/17/14* 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 13.7 391.6 451.0 298.7 188.9
India 16.4 78.7 126.2 76.6 72.3
Indonesia 7.1 30.5 33.1 29.7 38.7
Japan 5.6 16.3 15.1 14.2 42.7
Korean Republic 0.9 10.0 9.7 18.6 18.0
Pakistan 1.4 26.9 63.8 100.3 47.9
Taiwan 0.2 3.0 3.8 5.8 11.8
Thailand 3.2 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.4 0.5 0.1 1.1 1.7
Asia Totals 51.7 592.8 756.3 572.9 446.7
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 76.5 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – October 17, 2014
1996 - 2014 sales listed in thousand running bales
* 2014/15 sales listed in running bales through October 9, 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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