Long-way-to-August (Cotton_marking_Facts). Hoping-your-gut-feeling-on-pharmaceuticals is-right-Houtheman. Appreciate the insight you and Hock1 are providing here. Kudos.
We've been holding steady all day with minimal volume around 2.5%.Guess I'm calloused from th 30% and 50% drops we've been subject to. Just got shot down to 5.8% drop, now back up to .62% loss closing bell. Games man shit on the day of the BREXIT,
Dunno if I should be pissed or not:)
Last night, at the BREXIT announcement, free view of holdings at Interactive Brokers was locked out. Canary in the coal mine. Was at 75K, at this moment it's 85K. No big effect. Here's a <LINK> for current holdings on Interactive Brokers.
Got a <link> to Supima shipment data to date for this year. This will be tabulated within our fees reported on in August, last year after the 3d quarter report.
Need the PHARMA news for shits and grins really. Right at the cusp for qualifying in the 3d quarter earnings. AND, Still thinking they'll suck, show the loss from original suppliers signing on to DLA mandate not re-upping their annual renewal licensing costs ($35K). Grit your teeth and wait over long stretch (August thru December) for annual report.
From Supima:
Supima Exports:week ending June 23, 2016 and shipments through June 16, 2016 Net sales of 8,100 bales were reported for the week versus 7,600 bales in sales the previous week. Current registered export sales for the 2015/16 crop year now total 536,100 bales. This level of sales is 128.4% of the sales level at the same time last year when 417,600 bales in sales had already been registered. Current shipments stand at 135.5% of last year with 453,200 bales shipped versus 334,500 bales shipped at the same time last year.
There were 8,100 bales in new purchases made this week by China (4,500), Pakistan (1,800), India (1,300), Egypt (300) and Turkey (200).
There were 900 bales in destination changes this past week from Peru (-900) to China (900).
There were no cancellations this past week.
Export shipments this past week totaled 10,100 bales versus 5,400 bales the previous week. Shipments week went to India (4,100), China (2,500), Pakistan (1,600), Indonesia (500), Japan (300), Vietnam (300), Colombia (200), Thailand (200), Turkey (200) and Italy (100).
The top five leading importers for the 2015/16 crop year are led by China with purchases of 190,800 bales. India, Pakistan, Turkey and Peru round out the top five with purchases of 118,900 bales, 46,700 bales, 42,900 bales and 21,300 bales respectively. These five nations account for 78.5% of all the export-based purchases of American Pima made to date this year.
There were 500 new forward sales reported this week to India (500). The current new crop sales totals stand at 40,500 bales.
