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American Pima Exports

Thursday, December 18, 2014

For the week ending December 18, 2014 and shipments through December 11, 2014

DECEMBER 18 — There were 4,800 bales of net new sales reported for the week versus 1,600 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 128,100 bales. This level of sales is 26.0% of the sales level at the same time last year when 492,900 bales in sales had already been registered. Current shipments stand at 27.7% of last year with 67,600 bales shipped versus 243,700 bales shipped at the same time last year.

There were 4,800 bales of new purchases made this week from China (4,400), Japan (200), India (100), Malaysia (100) and Turkey (100).

There were no destination changes this past week.

There were no cancellations this past week.

Export shipments this past week totaled 5,000 bales versus 8,000 bales the previous week. Shipments this past week went to China (4,400), Germany (300), Thailand (200) and Taiwan (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 57,000 bales. India, Germany, Japan and Indonesia round out the top five with purchases of 17,500 bales, 8,900 bales, 7,700 bales and 7,400 bales respectively. These five nations account for 76.9% 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 0 bales each for the 2014/15 and 2015/16 years.

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

Export Sales Summary

Destination 12/18/14* 2013/14 2012/13 2011/12 2010/11
Belgium 0.1 0.1 0.1 1.6 0.7
Germany 8.9 16.0 15.4 11.5 20.4
Italy 0.5 2.0 1.5 3.1 6.2
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 2.7 0.9 2.3 3.0 0.3
Turkey 1.2 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 13.6 46.5 57.6 35.5 31.8
Bangladesh 2.6 12.1 27.9 14.4 8.7
China 57.0 391.6 451.0 298.7 188.9
India 17.5 78.7 126.2 76.6 72.3
Indonesia 7.4 30.5 33.1 29.7 38.7
Japan 7.7 16.3 15.1 14.2 42.7
Korean Republic 1.1 10.0 9.7 18.6 18.0
Pakistan 1.0 26.9 63.8 100.3 47.9
Taiwan 0.5 3.0 3.8 5.8 11.8
Thailand 5.1 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.5 0.5 0.1 1.1 1.7
Asia Totals 101.4 592.8 756.3 572.9 446.7
Brazil 0.2 0.5 1.4 0.4 0.7
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 0.1 0.3 0.5 0.4 0.2
Honduras 0.8 1.3 0.4 0.3 0.6
Mexico 1.9 2.6 3.1 3.8 2.7
Peru 4.0 22.9 14.5 27.2 33.4
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 7.0 27.6 19.9 32.1 37.6
Rest of World 6.4 15.3 32.8 9.0 7.4
World Totals 128.1 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – December 18, 2014
1996 - 2014 sales listed in thousand running bales
* 2014/15 sales listed in running bales through December 11, 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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