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American Pima Exports

Thursday, January 22, 2015

For the week ending January 22, 2015 and shipments through January 15, 2015

JANUARY 22 — There were 15,000 bales of net new sales reported for the week versus 5,800 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 170,700 bales. This level of sales is 31.8% of the sales level at the same time last year when 536,600 bales in sales had already been registered. Current shipments stand at 29.9% of last year with 91,800 bales shipped versus 307,500 bales shipped at the same time last year.

There were 15,000 bales of new purchases made this week from China (12,600), Egypt (400), Japan (400), Peru (400), Thailand (300), Bangladesh (200), Pakistan (200), Turkey (200), India (100) and Indonesia (100).

There were 100 bales in destination changes this past week from Japan (-100) to Indonesia (100).

There were no cancellations this past week.

Export shipments this past week totaled 2,700 bales versus 7,000 bales the previous week. Shipments this past week went to India (400), Pakistan (400), China (300), Indonesia (300), Japan (300), Korea (300), Thailand (300), Mexico (200), Malaysia (100) and Turkey (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 93,700 bales. India, Germany, Japan and Indonesia round out the top five with purchases of 18,500 bales, 8,800 bales, 8,200 bales and 7,500 bales respectively. These five nations account for 80.1% 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 01/22/15* 2013/14 2012/13 2011/12 2010/11
Belgium 0.1 0.1 0.1 1.6 0.7
Germany 8.8 16.0 15.4 11.5 20.4
Italy 0.6 2.0 1.5 3.1 6.2
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 2.8 0.9 2.3 3.0 0.3
Turkey 1.4 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 13.9 46.5 57.6 35.5 31.8
Bangladesh 3.3 12.1 27.9 14.4 8.7
China 93.7 391.6 451.0 298.7 188.9
India 18.5 78.7 126.2 76.6 72.3
Indonesia 7.5 30.5 33.1 29.7 38.7
Japan 8.2 16.3 15.1 14.2 42.7
Korean Republic 1.5 10.0 9.7 18.6 18.0
Pakistan 1.6 26.9 63.8 100.3 47.9
Taiwan 0.5 3.0 3.8 5.8 11.8
Thailand 5.4 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.6 0.5 0.1 1.1 1.7
Asia Totals 141.8 592.8 756.3 572.9 446.7
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 1.8 2.6 3.1 3.8 2.7
Peru 5.5 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 8.4 27.6 19.9 32.1 37.6
Rest of World 6.8 15.3 32.8 9.0 7.4
World Totals 170.7 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – January 22, 2015
1996 - 2015 sales listed in thousand running bales
* 2014/15 sales listed in running bales through January 15, 2015

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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