American Pima Exports
Thursday, October 06, 2016
For the week ending October 6, 2016 and shipments through September 29, 2016
OCTOBER 6 — There were 23,600 new net sales reported for the week versus 21,600 bales in sales the previous week. Currently registered export sales for the 2016/17 crop year total 343,300 bales. This level of sales is 324.6% of the sales level at the same time last year when 105,800 bales in sales had already been registered. Current shipments stand at 138.3% of last year with 87,700 bales shipped versus 63,400 bales shipped at the same time last year.
There were 23,600 bales in new purchases made this week to India (18,400), Egypt (1,700), Pakistan (1,300), Thailand (1,000), Japan (500), Indonesia (400), Switzerland (100) and Taiwan (100).
There were no destination changes this past week.
There were no cancellations this past week.
Export shipments this past week totaled 7,100 bales versus 7,300 bales the previous week. Shipments this past week went to China (4,700), India (1,700), Peru (300), Turkey (200) and Indonesia (100).
The top five leading importers for the 2016/17 crop year are led by India with purchases of 167,000 bales. China, Pakistan, Egypt, and Germany round out the top five with purchases of 72,500 bales, 41,300 bales, 17,400 bales and 8,700 bales respectively. These five nations account for 89.4% 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 and 0 bales respectively for the 2017/18 and 2018/19 years.
The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm
Export Sales Summary
|Other Western Europe||0.0||3.0||0.2||0.0||1.0|
|Other Asia and Oceania||1.8||15.1||3.6||0.5||0.1|
|Western Hemisphere Totals||10.2||26.4||20.3||27.6||19.9|
|Rest of World||17.7||18.8||11.8||15.3||32.8|
Source - USDA-FAS U.S. Export Sales – October 6, 2016
1996 - 2016 sales listed in thousand running bales
* 2016/17 sales listed in running bales through September 29, 2016
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.