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American Pima Exports

Thursday, April 10, 2014

For the week ending April 10, 2014 and shipments through April 3, 2014

APRIL 10 — There were 700 bales in net new sales reported for the period versus 5,500 bales in sales the previous week. Current registered export sales for the 2013/14 crop year now total 627,900 bales. This level of sales is 79.3% of the sales level at the same time last year when 792,000 bales in sales had already been registered. Current shipments stand at 94.6% of last year with 490,500 bales shipped versus 518,700 bales shipped at the same time last year.

There were 800 bales in new purchases made this week from Japan (500) and India (300).

There were 400 bales in destination changes this past week from Indonesia (-300) and Japan (-100) to India (300) and Thailand (100).

There were no cancellations this past week.

Export shipments this past week totaled 7,800 bales for the week versus 16,600 bales the previous week. Shipments this past week went to China (4,400), India (1,000), Taiwan (900), Peru (700), Japan (400), Thailand (300) and Colombia (100).

The top five leading importers for the 2013/14 crop year are led by China with purchases of 365,900 bales. India, Indonesia, Turkey and Pakistan round out the top five with purchases of 69,800 bales, 31,200 bales, 27,400 bales and 22,600 bales respectively. These five nations account for 82.3% of all the export-based purchases of U.S. Pima made to date this year.

There were 500 bales in new forward sales reported this week. The current new crop sales total stands at 7,800 bales and 0 bales respectively for 2014/15 and 2015/16.

The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm

Export Sales Summary

Destination 04/10/14* 2012/13 2011/12 2010/11 2009/10
Belgium 0.1 0.1 1.6 0.7 2.6
Germany 17.5 15.4 11.5 20.4 12.7
Italy 1.7 1.5 3.1 6.2 5.4
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 0.9 2.3 3.0 0.3 0.0
Turkey 27.4 37.3 15.9 4.2 4.8
Other Western Europe 0.0 1.0 0.4 0.0 0.0
Europe Totals 47.6 57.6 35.5 31.8 25.5
Bangladesh 9.8 27.9 14.4 8.7 9.6
China 365.9 451.0 298.7 188.9 320.5
India 69.8 126.2 76.6 72.3 125.3
Indonesia 31.2 33.1 29.7 38.7 22.9
Japan 16.3 15.1 14.2 42.7 24.7
Korean Republic 9.5 9.7 18.6 18.0 12.6
Pakistan 22.6 63.8 100.3 47.9 69.7
Taiwan 3.0 3.8 5.8 11.8 10.9
Thailand 20.0 25.6 13.5 16.3 18.6
Other Asia and Oceania 0.4 0.1 1.1 1.7 1.9
Asia Totals 548.5 756.3 572.9 446.7 616.7
Brazil 0.3 1.4 0.4 0.7 0.9
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 0.3 0.5 0.4 0.2 0.0
Honduras 1.0 0.4 0.3 0.6 0.4
Mexico 2.1 3.1 3.8 2.7 3.3
Peru 18.0 14.5 27.2 33.4 14.9
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 21.7 19.9 32.1 37.6 19.5
Rest of World 10.4 32.8 9.0 7.4 18.4
World Totals 627.9 866.3 649.6 523.8 680.1

Source - USDA-FAS U.S. Export Sales – April 10, 2014
1996 - 2013 sales listed in thousand running bales
* 2013/14 sales listed in running bales through April 3, 2014

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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