American Pima Exports
Thursday, February 11, 2016
For the week ending February 11, 2016 and shipments through February 4, 2016
FEBRUARY 11 — Net sales of 13,100 were reported for the week versus 10,800 bales in sales the previous week. Current registered export sales for the 2015/16 crop year now total 303,300 bales. This level of sales is 147.2% of the sales level at the same time last year when 206,000 bales in sales had already been registered. Current shipments stand at 195.2% of last year with 208,500 bales shipped versus 106,800 bales shipped at the same time last year.
There were 13,100 bales in new purchases made this week to Pakistan (7,600), Turkey (2,500), Egypt (1,300), India (1,000), China (400), Vietnam (200) and Korea (100).
There were no destination changes this past week.
There were no cancellations this past week.
Export shipments this past week totaled 15,000 bales versus 11,200 bales the previous week. Shipments week went to Turkey (8,000), China (3,400), India (1,700), Pakistan (900), Peru (400), Japan (300), Thailand (200) and Vietnam (100).
The top five leading importers for the 2015/16 crop year are led by China with purchases of 97,100 bales. India, Turkey, Pakistan and Peru round out the top five with purchases of 57,400 bales, 34,100 bales, 28,700 bales and 14,500 bales respectively. These five nations account for 76.4% of all the export-based purchases of American 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 2016/17 and 2017/18 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||0.2||0.0||1.0||0.4|
|Other Asia and Oceania||10.9||3.6||0.5||0.1||1.1|
|Western Hemisphere Totals||16.6||20.3||27.6||19.9||32.1|
|Rest of World||10.3||11.8||15.3||32.8||9.0|
Source - USDA-FAS U.S. Export Sales – February 11, 2016
1996 - 2016 sales listed in thousand running bales
* 2015/16 sales listed in running bales through February 4, 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.