American Pima Exports
Friday, November 25, 2016
For the week ending November 25, 2016 and shipments through November 17, 2016
NOVEMBER 23 — There were 4,400 new net sales reported for the week versus 5,900 bales in sales the previous week. Currently registered export sales for the 2016/17 crop year total 393,100 bales. This level of sales is 239.3% of the sales level at the same time last year when 164,300 bales in sales had already been registered. Current shipments stand at 149.3% of last year with 157,500 bales shipped versus 105,500 bales shipped at the same time last year.
There were 4,500 bales in new purchases made this week to Vietnam (1,800), Pakistan (1,000), China (900) and India (800).
There were no destination changes this past week.
There were 100 bales in cancellations this past week from Indonesia (-100).
Export shipments this past week totaled 11,900 bales versus 12,300 bales the previous week. Shipments this past week went to India (8,200), Pakistan (1,300), Vietnam (1,300), Turkey (700), Thailand (200), Indonesia (100), Japan (100), and Mexico (100).
The top five leading importers for the 2016/17 crop year are led by India with purchases of 190,400 bales. China, Pakistan, Egypt, and Peru round out the top five with purchases of 76,100 bales, 43,200 bales, 22,200 bales and 10,300 bales respectively. These five nations account for 87.1% 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 and 0 bales respectively for the 2017/18 and 2018/19 years.
The USDA report can be found here: http://www.fas.usda.gov/export-sales/cottfax.htm
Export Sales Summary
|Other Western Europe||0.0||3.0||0.2||0.0||1.0|
|Other Asia and Oceania||8.5||15.1||3.6||0.5||0.1|
|Western Hemisphere Totals||13.2||26.4||20.3||27.6||19.9|
|Rest of World||22.5||18.8||11.8||15.3||32.8|
Source - USDA-FAS U.S. Export Sales – November 25, 2016
1996 - 2016 sales listed in thousand running bales
* 2016/17 sales listed in running bales through November 17, 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.