American Pima Exports
Thursday, July 24, 2014
For the week ending July 24, 2014 and shipments through July 17, 2014
JULY 24 — There were 2,700 bales in net new sales reported for the period versus 400 bales in sales the previous week. Current registered export sales for the 2013/14 crop year now total 682,400 bales. This level of sales is 78.7% of the sales level at the same time last year when 864,200 bales in sales had already been registered. Current shipments stand at 81.9% of last year with 649,200 bales shipped versus 793,100 bales shipped at the same time last year.
There were 3,100 bales in new purchases made this week from India (2,600) and Thailand (500).
There were no destination changes this past week.
There were 300 bales in cancellations this past week from Japan (-300).
Export shipments this past week totaled 1,200 bales for the week versus 5,200 bales the previous week. Shipments this past week went to Egypt (300), India (300), Thailand (300), Indonesia (200) and Japan (200).
The top five leading importers for the 2013/14 crop year are led by China with purchases of 392,700 bales. India, Indonesia, Turkey and Pakistan round out the top five with purchases of 78,800 bales, 30,500 bales, 27,500 bales and 26,900 bales respectively. These five nations account for 81.5% of all the export-based purchases of U.S. Pima made to date this year.
There were 1,000 bales in new forward sales reported this week to Egypt (700) and Japan (300). The current new crop sales total stands at 19,400 bales and 0 bales respectively for 2014/15 and 2015/16.
Export Sales Summary
|Other Western Europe||0.0||1.0||0.4||0.0||0.0|
|Other Asia and Oceania||0.5||0.1||1.1||1.7||1.9|
|Western Hemisphere Totals||27.5||19.9||32.1||37.6||19.5|
|Rest of World||14.6||32.8||9.0||7.4||18.4|
The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm
Source - USDA-FAS U.S. Export Sales – July 24, 2014
1996 - 2013 sales listed in thousand running bales
* 2013/14 sales listed in running bales through July 17, 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.