American Pima Exports
Thursday, September 22, 2016
For the week ending September 22, 2016 and shipments through September 15, 2016
SEPTEMBER 22 — There were 16,300 new net sales reported for the week versus 11,900 bales in sales the previous week. Currently registered export sales for the 2016/17 crop year total 298,200 bales. This level of sales is 303.4% of the sales level at the same time last year when 98,300 bales in sales had already been registered. Current shipments stand at 138.3% of last year with 73,300 bales shipped versus 53,000 bales shipped at the same time last year.
There were 16,400 bales in new purchases made this week to India (7,200), China (2,400), Pakistan (2,100), Peru (2,000), Egypt (1,700) and Germany (900).
There were no destination changes this past week.
There were 100 bales in cancellations this past week from India (-100).
Export shipments this past week totaled 8,000 bales versus 6,600 bales the previous week. Shipments this past week went to India (4,600), China (1,700), Pakistan (500), Egypt (300), Turkey (300), Peru (200), Thailand (200) and Mexico (100).
The top five leading importers for the 2016/17 crop year are led by India with purchases of 131,200 bales. China, Pakistan, Egypt, and Germany round out the top five with purchases of 71,100 bales, 40,000 bales, 13,400 bales and 8,700 bales respectively. These five nations account for 88.7% 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||14.2||18.8||11.8||15.3||32.8|
Source - USDA-FAS U.S. Export Sales – September 22, 2016
1996 - 2016 sales listed in thousand running bales
* 2016/17 sales listed in running bales through September 15, 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.