American Pima Exports
Thursday, July 21, 2016
For the week ending July 21, 2016 and shipments through July 14, 2016
JULY 21 — Net sales of 9,800 bales were reported for the week versus 1,100 bales in sales the previous week. Current registered export sales for the 2015/16 crop year now total 569,700 bales. This level of sales is 128.8% of the sales level at the same time last year when 442,400 bales in sales had already been registered. Current shipments stand at 131.9% of last year with 487,000 bales shipped versus 369,300 bales shipped at the same time last year.
There were 10,100 bales in new purchases made this week by India (4,300), China (3,600), Thailand (1,100), Switzerland (900) and Pakistan (300).
There were 100 bales in destination changes this past week from Japan (-100) to Indonesia (100).
There were 300 bales in cancellations this past week from Japan (-300).
Export shipments this past week totaled 7,600 bales versus 8,200 bales the previous week. Shipments this week went to China (2,400), India (2,300), Vietnam (1,200), Thailand (1,100), Japan (200), Brazil (100), Colombia (100), Egypt (100) and Indonesia (100).
The top five leading importers for the 2015/16 crop year are led by China with purchases of 200,500 bales. India, Pakistan, Turkey and Peru round out the top five with purchases of 131,600 bales, 49,700 bales, 43,000 bales and 22,200 bales respectively. These five nations account for 78.4% of all the export-based purchases of American Pima made to date this year.
There were 5,400 new forward sales reported this week to China (2,200), India (2,200), Peru (500) and Korea (400). The current new crop sales totals stand at 62,900 and zero 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||3.1||0.2||0.0||1.0||0.4|
|Other Asia and Oceania||15.0||3.6||0.5||0.1||1.1|
|Western Hemisphere Totals||26.3||20.3||27.6||19.9||32.1|
|Rest of World||18.8||11.8||15.3||32.8||9.0|
Source - USDA-FAS U.S. Export Sales – July 21, 2016
1996 - 2016 sales listed in thousand running bales
* 2015/16 sales listed in running bales through July 14, 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.