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American Pima Exports

Thursday, September 25, 2014

For the week ending September 25, 2014 and shipments through September 18, 2014

SEPTEMBER 25 — There were 3,200 new sales reported for the week versus 5,000 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 73,700 bales. This level of sales is 29.6% of the sales level at the same time last year when 248,800 bales in sales had already been registered. Current shipments stand at 26.9% of last year with 23,000 bales shipped versus 85,500 bales shipped at the same time last year.

There were 3,200 bales of new purchases made this week from China (1,600), India (600), Indonesia (500), Turkey (300), Japan (100) and Thailand (100).

There were 2,300 bales in destination changes this past week from China (-2,300) to India (1,700), Egypt (400) and Pakistan (200).

There were no cancellations this past week.

Export shipments this past week totaled 3,800 bales versus 4,100 bales the previous week. Shipments this past week went to Bangladesh (1,100), Japan (900), Peru (700), China (500), India (500) and Thailand (100).

The top five leading importers for the 2014/15 crop year are led by India with purchases of 14,700 bales. China, Germany, Egypt and Indonesia round out the top five with purchases of 13,700 bales, 8,700 bales, 7,300 bales and 6,200 bales respectively. These five nations account for 68.6% 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 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 09/25/14* 2013/14 2012/13 2011/12 2010/11
Belgium 0.1 0.1 0.1 1.6 0.7
Germany 8.7 16.0 15.4 11.5 20.4
Italy 0.3 2.0 1.5 3.1 6.2
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 2.6 0.9 2.3 3.0 0.3
Turkey 0.6 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 12.5 46.5 57.6 35.5 31.8
Bangladesh 1.8 12.1 27.9 14.4 8.7
China 13.7 391.6 451.0 298.7 188.9
India 14.7 78.7 126.2 76.6 72.3
Indonesia 6.7 30.5 33.1 29.7 38.7
Japan 5.6 16.3 15.1 14.2 42.7
Korean Republic 0.8 10.0 9.7 18.6 18.0
Pakistan 1.4 26.9 63.8 100.3 47.9
Taiwan 0.0 3.0 3.8 5.8 11.8
Thailand 3.1 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.4 0.5 0.1 1.1 1.7
Asia Totals 49.2 592.8 756.3 572.9 446.7
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 2.0 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 4.9 27.6 19.9 32.1 37.6
Rest of World 7.3 15.3 32.8 9.0 7.4
World Totals 73.7 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – September 25, 2014
1996 - 2014 sales listed in thousand running bales
* 2014/15 sales listed in running bales through September 18, 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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