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American Pima Exports

Thursday, March 26, 2015

For the week ending March 26, 2015 and shipments through March 19, 2015

MARCH 26 — There were 15,300 bales of net new sales reported for the week versus 1,100 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 258,300 bales. This level of sales is 41.6% of the sales level at the same time last year when 621,700 bales in sales had already been registered. Current shipments stand at 36.2% of last year with 168,700 bales shipped versus 466,200 bales shipped at the same time last year.

There were 15,300 bales of new purchases made this week from China (10,600), Hong Kong (1,400), Bangladesh (1,300), Egypt (1,300), Thailand (400), Japan (200) and Korea (200).

There were 200 bales destination changes this past week from Germany (-200) to Switzerland (200).

There were no cancellations this past week.

Export shipments this past week totaled 12,500 bales versus 15,300 bales the previous week. Shipments this past week went to China (7,300), India (1,700), Pakistan (1,600), Japan (600), Korea (400), Thailand (300), Germany (200), Switzerland (200), Peru (100) and Taiwan (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 136,800 bales. India, Pakistan, Indonesia and Thailand round out the top five with purchases of 24,900 bales, 15,400 bales, 10,200 bales and 10,200 bales respectively. These five nations account for 76.5% 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 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 03/26/15* 2013/14 2012/13 2011/12 2010/11
Belgium 0.1 0.1 0.1 1.6 0.7
Germany 8.6 16.0 15.4 11.5 20.4
Italy 0.7 2.0 1.5 3.1 6.2
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 3.3 0.9 2.3 3.0 0.3
Turkey 2.5 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 15.4 46.5 57.6 35.5 31.8
Bangladesh 6.0 12.1 27.9 14.4 8.7
China 136.8 391.6 451.0 298.7 188.9
India 24.9 78.7 126.2 76.6 72.3
Indonesia 10.2 30.5 33.1 29.7 38.7
Japan 9.8 16.3 15.1 14.2 42.7
Korean Republic 2.6 10.0 9.7 18.6 18.0
Pakistan 15.4 26.9 63.8 100.3 47.9
Taiwan 2.8 3.0 3.8 5.8 11.8
Thailand 10.2 23.2 25.6 13.5 16.3
Other Asia and Oceania 4.4 0.5 0.1 1.1 1.7
Asia Totals 223.1 592.8 756.3 572.9 446.7
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 8.8 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 11.8 27.6 19.9 32.1 37.6
Rest of World 8.5 15.3 32.8 9.0 7.4
World Totals 258.3 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – March 26, 2015
1996 - 2015 sales listed in thousand running bales
* 2014/15 sales listed in running bales through March 19, 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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