American Pima Exports
Friday, November 14, 2014
For the week ending November 14, 2014 and shipments through November 6, 2014
NOVEMBER 14 — There were 13,000 bales of net new sales reported for the week versus 6,300 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 105,800 bales. This level of sales is 24.0% of the sales level at the same time last year when 441,400 bales in sales had already been registered. Current shipments stand at 25.2% of last year with 36,600 bales shipped versus 145,400 bales shipped at the same time last year.
There were 13,400 bales of new purchases made this week from China (12,800), Japan (300), Italy (200) and India (100).
There were no destination changes this past week.
There were 400 bales in cancellations this past week from Egypt (-400).
Export shipments this past week totaled 1,800 bales versus 1,300 bales the previous week. Shipments this past week went to China (1,200), Japan (300), Korea (200) and Mexico (200).
The top five leading importers for the 2014/15 crop year are led by China with purchases of 40,500 bales. India, Germany, Indonesia and Japan round out the top five with purchases of 17,000 bales, 8,600 bales, 7,300 bales and 6,800 bales respectively. These five nations account for 75.8% 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
|Other Western Europe||0.2||0.0||1.0||0.4||0.0|
|Other Asia and Oceania||1.4||0.5||0.1||1.1||1.7|
|Western Hemisphere Totals||5.4||27.6||19.9||32.1||37.6|
|Rest of World||6.3||15.3||32.8||9.0||7.4|
Source - USDA-FAS U.S. Export Sales – November 14, 2014
1996 - 2014 sales listed in thousand running bales
* 2014/15 sales listed in running bales through November 6, 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.