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American Pima Exports

Thursday, March 05, 2015

For the week ending March 5, 2015 and shipments through February 26, 2015

MARCH 5 — There were 6,100 bales of net new sales reported for the week versus 6,700 bales in sales the previous week. Current registered export sales for the 2014/15 crop year now total 227,300 bales. This level of sales is 38.1% of the sales level at the same time last year when 596,700 bales in sales had already been registered. Current shipments stand at 30.6% of last year with 128,500 bales shipped versus 420,600 bales shipped at the same time last year.

There were 6,100 bales of new purchases made this week from China (4,400), India (600), Japan (500), Thailand (300), Turkey (300) and Indonesia (100).

There were no destination changes this past week.

There were no cancellations this past week.

Export shipments this past week totaled 2,700 bales versus 1,100 bales the previous week. Shipments this past week went to China (1,800), Japan (300), Peru (300), Pakistan (200) and Honduras (100).

The top five leading importers for the 2014/15 crop year are led by China with purchases of 118,500 bales. India, Pakistan, Indonesia and Japan round out the top five with purchases of 24,000 bales, 15,400 bales, 9,900 bales and 9,800 bales respectively. These five nations account for 78.1% 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 02/26/15* 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 0.7 2.0 1.5 3.1 6.2
Portugal 0.0 0.0 0.0 0.0 0.0
Switzerland 2.9 0.9 2.3 3.0 0.3
Turkey 1.3 27.5 37.3 15.9 4.2
Other Western Europe 0.2 0.0 1.0 0.4 0.0
Europe Totals 14.0 46.5 57.6 35.5 31.8
Bangladesh 4.1 12.1 27.9 14.4 8.7
China 114.1 391.6 451.0 298.7 188.9
India 23.4 78.7 126.2 76.6 72.3
Indonesia 9.8 30.5 33.1 29.7 38.7
Japan 9.2 16.3 15.1 14.2 42.7
Korean Republic 2.5 10.0 9.7 18.6 18.0
Pakistan 15.3 26.9 63.8 100.3 47.9
Taiwan 0.8 3.0 3.8 5.8 11.8
Thailand 7.7 23.2 25.6 13.5 16.3
Other Asia and Oceania 1.6 0.5 0.1 1.1 1.7
Asia Totals 188.5 592.8 756.3 572.9 446.7
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 8.9 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 11.9 27.6 19.9 32.1 37.6
Rest of World 7.2 15.3 32.8 9.0 7.4
World Totals 221.2 681.7 866.3 649.6 523.8

Source - USDA-FAS U.S. Export Sales – March 5, 2015
1996 - 2015 sales listed in thousand running bales
* 2014/15 sales listed in running bales through February 26, 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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