American Pima Exports
Thursday, January 19, 2017
For the week ending January 19, 2017 and shipments through January 12, 2017
JANUARY 19 — There were 6,200 new net sales reported for the week versus 10,000 bales in sales the previous week. Currently registered export sales for the 2016/17 crop year total 438,300 bales. This level of sales is 175.9% of the sales level at the same time last year when 249,200 bales in sales had already been registered. Current shipments stand at 154.3% of last year with 272,400 bales shipped versus 176,600 bales shipped at the same time last year.
There were 6,900 bales in new purchases made this week byPakistan (1,900), Japan (1,800), Hong Kong (900), Turkey (800), China (500), Peru (500), Bangladesh (300) and, India (200).
There were no destination changes this past week.
There were 700 bales cancellations this past week from China (-600) and Egypt (-100).
Export shipments this past week totaled 16,100 bales versus 11,700 bales the previous week. Shipments this past week went to India (5,900), Pakistan (5,200), Egypt (4,000), China (400), Japan (400), Honduras (100), Mexico (100) and, Turkey (100).
The top five leading importers for the 2016/17 crop year are led by India with purchases of 198,000 bales. China, Pakistan, Egypt, and Peru round out the top five with purchases of 90,300 bales, 47,200 bales, 23,300 bales and 14,700 bales respectively. These five nations account for 85.2% 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||0.1||3.0||0.2||0.0||1.0|
|Other Asia and Oceania||13.1||15.1||3.6||0.5||0.1|
|Western Hemisphere Totals||18.4||26.4||20.3||27.6||19.9|
|Rest of World||23.7||18.8||11.8||15.3||32.8|
Source - USDA-FAS U.S. Export Sales – January 19, 2017
1996 - 2016 sales listed in thousand running bales
* 2016/17 sales listed in running bales through January 12, 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.