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American Pima Exports

Thursday, May 21, 2015

For the week ending May 21, 2015 and shipments through May 14, 2015

MAY 21 — There were 12,900 bales of net new sales reported for the week versus 17,400 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 370,600 bales. This level of sales is 56.2% of the sales level at the same time last year when 659,900 bales in sales had already been registered. Current shipments stand at 45.7% of last year with 246,700 bales shipped versus 579,700 bales shipped at the same time last year.

There were 12,900 bales of new purchases made this week from China (6,600), India (3,300), Egypt (1,000), Indonesia (900), Pakistan (900) and Japan (300).

There were 1,400 bales in destination changes this past week from Hong Kong (-1,400) to China (1,400).

There were no cancellations this past week.

Export shipments this past week totaled 18,700 bales versus 17,700 bales the previous week. Shipments this past week went to China (11,600), India (4,000), Thailand (1,000), Peru (500), Japan (400), Pakistan (400), Taiwan (400), Germany (300) and Bangladesh 100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 199,100 bales. India, Pakistan, Thailand and Peru round out the top five with purchases of 52,600 bales, 23,500 bales, 13,200 bales and 12,900 bales respectively. These five nations account for 81.3% 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 300 and 0 bales respectively 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 05/21/15* 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 0.1 0.0 0.0 0.0 0.0
Switzerland 3.3 0.9 2.3 3.0 0.3
Turkey 2.7 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 15.7 46.5 57.6 35.5 31.8
Bangladesh 8.5 12.1 27.9 14.4 8.7
China 199.1 391.6 451.0 298.7 188.9
India 52.6 78.7 126.2 76.6 72.3
Indonesia 11.7 30.5 33.1 29.7 38.7
Japan 12.0 16.3 15.1 14.2 42.7
Korean Republic 2.9 10.0 9.7 18.6 18.0
Pakistan 23.5 26.9 63.8 100.3 47.9
Taiwan 4.7 3.0 3.8 5.8 11.8
Thailand 13.2 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.7 0.5 0.1 1.1 1.7
Asia Totals 329.9 592.8 756.3 572.9 446.7
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 12.9 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 15.9 27.6 19.9 32.1 37.6
Rest of World 9.4 15.3 32.8 9.0 7.4
World Totals 370.6 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – May 21, 2015
1996 - 2015 sales listed in thousand running bales
* 2014/15 sales listed in running bales through May 14, 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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