American Pima Exports
Thursday, March 23, 2017
For the week ending March 23, 2017 and shipments through March 16, 2017
MARCH 23 — There were 10,000 new net sales reported for the week versus 24,300 bales in sales the previous week. Currently registered export sales for the 2016/17 crop year total 538,200 bales. This level of sales is 141.6% of the sales level at the same time last year when 380,100 bales in sales had already been registered. Current shipments stand at 129.2% of last year with 383,200 bales shipped versus 296,600 bales shipped at the same time last year.
There were 10,100 bales in new purchases made this week by Pakistan (2,500), Vietnam (2,200), India (1,800), Japan (1,300), China (900), Indonesia (600), Mexico (400), Turkey (300), and Korea (100).
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 14,700 bales versus 8,300 bales the previous week. Shipments this past week went to India (7,000), China (4,000), Egypt (1,000), Pakistan (900), Vietnam (900), Germany (400), Japan (300), Thailand (200), and Honduras (100).
The top five leading importers for the 2016/17 crop year are led by India with5purchases of 225,400 bales. China, Pakistan, Egypt, and Peru round out the top five with purchases of 125,100 bales, 53,200 bales, 24,100 bales and 18,400 bales respectively. These five nations account for 82.9% 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 5,100 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||0.1||3.0||0.2||0.0||1.0|
|Other Asia and Oceania||27.5||15.1||3.6||0.5||0.1|
|Western Hemisphere Totals||24.5||26.4||20.3||27.6||19.9|
|Rest of World||24.8||18.8||11.8||15.3||32.8|
Source - USDA-FAS U.S. Export Sales – March 23, 2017
1996 - 2017 sales listed in thousand running bales
* 2016/17 sales listed in running bales through March 16, 2017
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.