CURRENT INDUSTRIAL REPORTS CONSUMPTION ON THE COTTON SYSTEM AND STOCKS - JANUARY 1997 M22P(97)-1 Issued February 21, 1997 Contact: Karen Harshbarger, 301-457-4674 Table 1a. SUMMARY OF DAILY AVERAGES OF COTTON AND MANMADE FIBERS CONSUMED ON THE COTTON SYSTEM SPINDLE HOURS OPERATED, AND END-OF-MONTH STOCKS, INCLUDING STOCKS HELD AT PUBLIC WAREHOUSES, SEASONALLY ADJUSTED: 1995 to 1997 (Cotton in running bales. Manmade fibers in thousand pounds. Spindle hours operated in millions) Daily average consumption (1) Stocks Daily Month and year Cotton Manmade fibers average Long Manmade spindle staple Cellu- Noncell- Cotton fiber hours Total Upland (2) (3) Total losic ulosic (4) staple operated (1) 1997 January....................... 40,991 40,622 369 5,975 642 5,333 7,190 54,363 144 1996 December...................... 40,671 40,363 308 5,882 562 5,320 6,876 51,870 151 November...................... 41,142 40,761 381 5,856 682 5,174 6,607 49,992 145 October....................... 40,089 39,699 390 5,751 671 5,080 6,931 48,021 143 September..................... 40,192 39,820 372 5,655 603 5,052 6,257 49,608 143 August........................ 40,136 39,713 423 5,758 698 5,060 6,214 52,319 143 July.......................... 40,151 39,791 360 5,764 765 4,999 6,128 51,400 148 June.......................... 40,996 40,548 448 5,728 874 4,854 5,955 56,524 147 May........................... 39,998 39,605 393 5,426 799 4,627 5,642 56,688 142 April......................... 39,842 39,417 425 5,272 761 4,511 5,417 59,590 147 March......................... 39,952 39,520 432 5,457 894 4,563 5,070 57,878 149 February...................... 38,516 38,091 425 5,300 814 4,486 5,006 63,230 145 January....................... 37,963 37,531 432 5,206 707 4,499 5,041 69,870 144 1995 December...................... 38,226 37,916 310 5,369 781 4,588 5,461 63,521 160 November...................... 38,453 38,050 403 5,284 761 4,523 5,836 70,147 158 October....................... 38,066 37,644 422 5,230 753 4,477 6,091 66,236 149 September..................... 39,760 39,363 397 5,679 753 4,926 6,405 68,373 161 August........................ 39,202 38,846 356 5,629 740 4,889 6,125 72,078 163 July.......................... 37,517 37,210 307 5,578 803 4,775 6,075 80,179 170 June.......................... 39,695 39,238 457 6,049 819 5,230 5,927 89,428 171 May........................... 40,608 40,202 406 6,096 787 5,309 5,702 95,508 165 April......................... 41,533 41,080 453 6,124 842 5,282 5,717 96,251 178 March......................... 42,841 42,389 452 6,401 846 5,555 5,700 94,835 181 February...................... 42,571 42,116 455 6,340 867 5,473 6,137 93,565 184 January....................... 42,940 42,553 387 6,324 868 5,456 6,849 98,167 184 (1) The January 1997 daily average is based on 20 days, and the December 1996 daily average is based on 25 days. (2) Beginning January 1996, includes American Upland and foreign cotton. (3) Long staple cotton includes American-Pima, Sea Island and domestic raw cotton other than American Upland. (Prior to January 1996, included foreign cotton.) (4) Cotton in 1,000 running bales. Table 1b. SUMMARY OF DAILY AVERAGES OF COTTON AND MANMADE FIBERS CONSUMED ON THE COTTON SYSTEM SPINDLE HOURS OPERATED, AND END-OF-MONTH STOCKS, INCLUDING STOCKS HELD AT PUBLIC WAREHOUSES, NOT SEASONALLY ADJUSTED: 1995 TO 1997 (Cotton in running bales. Manmade fibers in thousand pounds. Spindle hours operated in millions) Daily average consumption (1) Stocks Daily Month and year Cotton Manmade fibers average Long Manmade spindle staple Cellu- Noncell- Cotton fiber hours Total Upland (2) (3) Total losic ulosic (4) staple operated (1) 1997 January....................... 40,620 40,251 369 5,839 641 5,198 11,096 54,363 141 1996 December...................... 34,301 33,993 308 4,872 458 4,414 11,830 51,870 124 November...................... 40,805 40,424 381 5,685 735 4,950 10,612 49,992 145 October....................... 41,467 41,077 390 5,844 722 5,122 7,193 48,021 149 September..................... 41,103 40,731 372 5,683 599 5,084 2,586 49,608 143 August........................ 42,353 41,930 423 6,060 712 5,348 1,945 52,319 149 July.......................... 36,573 36,213 360 5,292 638 4,654 2,495 51,400 133 June.......................... 41,610 41,162 448 6,001 875 5,126 3,192 56,524 151 May........................... 41,589 41,196 393 5,818 831 4,987 4,038 56,688 149 April......................... 40,911 40,486 425 5,485 808 4,677 5,013 59,590 153 March......................... 41,561 41,129 432 5,751 911 4,840 6,017 57,878 156 February...................... 39,741 39,316 425 5,486 837 4,649 7,318 63,230 153 January....................... 37,590 37,158 432 5,075 706 4,369 8,940 69,870 141 1995 December...................... 32,024 31,714 310 4,366 691 3,675 10,311 63,521 129 November...................... 38,070 37,667 403 5,091 783 4,308 9,653 70,147 156 October....................... 39,887 39,465 422 5,451 813 4,638 6,203 66,236 158 September..................... 40,808 40,411 397 5,783 762 5,021 2,463 68,373 161 August........................ 41,459 41,103 356 5,938 784 5,154 1,826 72,078 170 July.......................... 34,035 33,728 307 5,039 675 4,364 2,458 80,179 153 June.......................... 39,978 39,521 457 6,238 819 5,419 3,222 89,428 173 May........................... 42,098 41,692 406 6,458 822 5,636 4,247 95,508 176 April......................... 42,326 41,873 453 6,363 890 5,473 5,482 96,251 184 March......................... 43,880 43,428 452 6,633 853 5,780 6,732 94,835 187 February...................... 43,896 43,441 455 6,533 873 5,660 8,685 93,565 193 January....................... 42,899 42,512 387 6,215 859 5,356 10,780 98,167 184 (1) The January 1997 daily average is based on 20 days, and the December 1996 daily average is based on 25 days. (2) Beginning January 1996, includes American Upland and foreign cotton. (3) Long staple cotton includes American-Pima, Sea Island and domestic raw cotton other than American Upland. (Prior to January 1996, included foreign cotton.) (4) Cotton in 1,000 running bales. Table 1c. INDEX OF DAILY AVERAGE COTTON AND MANMADE FIBER STAPLE CONSUMPTION (Seasonally adjusted. Index is computed on 1977 daily average = 100) Month and year Cotton Cellulosic Noncellulosic 1997 January...................... 167 42 86 1996 December..................... 165 37 86 November..................... 167 45 84 October...................... 163 44 82 September.................... 163 40 82 August....................... 163 46 82 July......................... 163 50 81 June......................... 167 58 79 May.......................... 163 53 75 April........................ 162 50 73 March........................ 162 59 74 February..................... 157 54 73 January...................... 154 47 73 1995 December..................... 155 52 74 November..................... 156 50 73 October...................... 155 50 72 September.................... 162 50 80 August....................... 159 49 79 July......................... 153 53 77 June......................... 161 54 85 May.......................... 165 52 86 April........................ 169 56 85 March........................ 174 56 90 February..................... 173 57 89 January...................... 175 57 88 Table 2. CONSUMPTION OF COTTON AND MANMADE FIBER STAPLE January 1997 December 1996 (4 Weeks) (5 Weeks) Area, State, and type of fiber 1,000 1,000 Bales pounds Bales pounds Domestic and foreign cotton................ 812,390 403,232 857,523 425,160 By area and State: Cotton growing States.................. 811,792 402,935 855,550 424,176 Alabama.............................. 119,568 59,263 r/127,235 r/63,061 Georgia.............................. 149,898 74,396 163,651 80,938 North Carolina....................... 341,125 169,426 359,545 178,434 South Carolina....................... 143,379 71,300 147,743 73,305 Tennessee............................ 11,023 5,503 11,268 5,617 Texas................................ 13,953 6,766 11,002 5,423 Virginia............................. 22,706 11,225 23,629 11,701 Other States......................... 10,140 5,056 11,477 5,697 Rest of United States.................. 598 297 1,973 984 By type of cotton: American Upland and foreign cotton..... 805,010 399,530 849,813 421,205 American Upland...................... 784,602 389,642 816,501 405,127 Staples less than 1 inch in length. 4,817 2,390 9,144 4,554 1 inch and 1-1/32 inch staples..... 136,397 67,925 138,800 69,032 1-1/16 inch and 1-3/32 inch staples 616,292 305,821 641,360 318,029 Staples longer than 1-3/32 inch.... 27,096 13,506 r/27,197 r/13,512 Foreign cotton....................... 20,408 9,888 33,312 16,078 Extra long staple (1).................. 7,380 3,702 7,710 3,955 Manmade fiber staple (2)................... (X) 116,790 (X) 121,819 Cellulosic (rayon and acetate)........... (X) 12,822 (X) 11,462 Noncellulosic............................ (X) 103,968 (X) 110,357 Nylon.................................. (X) 2,315 (X) r/2,276 Acrylic and modacrylic................. (X) 7,490 (X) 8,053 Polyester.............................. (X) 92,806 (X) 98,859 Other manmade fiber.................... (X) 1,357 (X) 1,169 - Represents zero. X Not applicable. r/ Revised by 5 or more percent from previously published data. (1) Includes American-Pima, Sea Island and domestic raw cotton other than American Upland. (2) Represents consumption in mills with cotton system spindles. Table 3. STOCKS OF COTTON AND MANMADE FIBER STAPLE HELD BY CONSUMING ESTABLISHMENTS January 1997 December 199 Area, State, and type of fiber 1,000 1,000 Bales pounds Bales pounds Domestic and foreign cotton........................... 636,740 315,782 558,096 276,920 By area and state: Cotton growing States............................. 636,070 315,447 557,624 276,684 Alabama......................................... 142,976 70,781 135,944 67,290 Georgia......................................... 98,331 48,803 87,080 43,145 North Carolina.................................. 216,147 107,266 186,357 92,598 South Carolina.................................. 122,320 60,613 106,968 53,095 Tennessee....................................... 13,879 6,895 11,712 5,814 Texas........................................... 25,303 12,590 11,777 5,944 Virginia........................................ 9,684 4,785 10,758 5,313 Other States.................................... 7,430 3,714 7,028 3,485 Rest of United States............................. 670 335 472 236 By type of cotton: American Upland and foreign cotton................ 635,241 315,014 556,513 276,117 American Upland................................. 628,565 311,862 544,435 270,408 Foreign cotton.................................. 6,676 3,152 r/12,078 r/5,709 Extra long staple (1)............................. 1,499 768 1,583 803 Manmade fiber staple (2).............................. (X) 54,363 (X) 51,870 Cellulosic (rayon and acetate)...................... (X) 8,303 (X) 8,931 Noncellulosic....................................... (X) 46,060 (X) 42,939 Nylon............................................. (X) 268 (X) r/562 Acrylic and modacrylic............................ (X) 5,833 (X) 4,879 Polyester......................................... (X) 39,114 (X) 36,993 Other manmade fiber............................... (X) 845 (X) r/505 D Data withheld to avoid disclosing figures for individual companies. X Not applicable. r/ Revised by 5 or more percent from previously published data. (1) Includes American-Pima, Sea Island, and other domestic cotton. (2) Represents stocks in cotton mills. Stocks in other textile mills are not available. Note: Cotton bales are running bales. Thousands of pounds are on net trading weight basis. Table 4. STOCKS OF COTTON HELD IN PUBLIC STORAGE AND AT COMPRESSES (Number of bales) State and type of cotton January 1997 December 1996 Domestic and foreign cotton (1)............ 10,458,870 11,271,872 By State: Alabama................................ 432,902 480,519 Arizona/New Mexico (2)................. 583,108 593,276 Arkansas............................... 798,566 926,724 California............................. 1,458,227 1,545,538 Florida/Georgia........................ 883,913 975,790 Louisiana.............................. 887,552 1,015,489 Mississippi............................ 1,026,313 1,195,027 Missouri............................... 215,906 255,843 North Carolina......................... 524,602 528,058 Oklahoma/Texas......................... 2,851,127 2,963,428 South Carolina......................... 174,780 180,371 Tennessee.............................. 621,874 611,809 Other States........................... - - By type of cotton: American upland (3)...................... 10,281,599 11,095,072 Extra long staple (4).................... 177,271 176,800 - Represents zero. (1) Cotton bales are running bales except imports which are 500 lbs. equivalent gross weight bales. (2) Extra long staple cotton in storage is as follows: January 1997, 57,806; December 1996, 68,153. (3) Includes Egyptian, Sudanese, and other foreign cotton (other than foreign cotton held in bond awaiting opening of quota or held for transshipment to other countries). (4) Includes American-Pima, Sea Island and domestic raw cotton other than American Upland. Table 5. QUANTITY OF LINTERS CONSUMED AND STOCKS Unit of January December Consumer or warehouse measure 1997 1996 (4 weeks) (5 weeks) Consumption........................Running bales.. 61,548 59,219 Bleachers: Running bales........ Do......... 57,782 55,831 Gross weight.........1,000 lbs...... 36,631 35,345 Other consumers..................Running bales.. 3,766 3,388 Pacific and Mountain States.... Do......... 1,241 1,284 All other States............... Do......... 2,525 2,104 Stocks (end of period).............Running bales.. 260,392 255,232 Bleachers: Running bales........ Do......... 189,183 173,879 Gross weight.........1,000 lbs...... 121,144 111,616 Other consumers..................Running bales.. (D) (D) Pacific and Mountain States.... Do......... (D) (D) All other States............... Do......... (D) (D) Public storage and compresses.... Do......... (D) (D) Oil mills (1).................... Do......... 66,964 76,091 D Data withheld to avoid disclosing figures for individual companies. (1) Estimated number of running bales based on information reported in pounds. Table 6. COTTON SYSTEM SPINDLES IN PLACE AND SPINDLE HOURS, BY TYPE OF FIBER SPUN Spindles (in thousands) Hours (in millions) Active State and type 100 Other 100 Other Total 100 percent fibers Total 100 percent fibers spindles percent manmade and spindle percent manmade and in place cotton fibers blends hours cotton fibers blends January 1997 United States......................... 5,738 2,569 915 1,926 2,822 1,414 445 963 By State: Alabama........................... 567 283 21 232 290 152 5 133 Georgia........................... 603 262 70 224 314 159 40 115 North Carolina.................... 2,179 1,071 578 484 1,106 588 286 232 South Carolina.................... 1,872 664 220 860 875 359 98 418 Tennessee......................... 226 152 (D) (D) 115 74 (D) (D) Texas............................. (D) (D) (D) (D) (D) (D) (D) (D) Virginia.......................... 208 91 (D) (D) 85 54 (D) (D) Other States...................... (D) (D) (D) (D) (D) (D) (D) (D) By type: Ring spindles....................... 4,758 2,053 875 1,520 2,226 1,096 421 709 Air jet position.................... 84 - (D) (D) 53 - (D) (D) Open-end position (i.e. rotors)..... 896 516 (D) (D) 543 318 (D) (D) December 1996 United States......................... 5,879 2,556 920 1,925 3,101 1,538 459 1,104 By State: Alabama........................... 568 276 22 233 326 171 6 149 Georgia........................... 603 261 70 225 348 172 43 133 North Carolina.................... 2,311 1,062 585 478 1,188 636 289 263 South Carolina.................... 1,881 670 215 868 972 385 98 489 Tennessee......................... 225 147 (D) (D) 128 76 (D) (D) Texas............................. (D) (D) (D) (D) (D) (D) (D) (D) Virginia.......................... 208 93 (D) (D) 101 66 (D) (D) Other States...................... (D) (D) (D) (D) (D) (D) (D) (D) By type: Ring spindles....................... 4,903 2,048 886 1,527 2,463 1,200 438 825 Air jet position.................... 84 - (D) (D) 61 - (D) (D) Open-end position (i.e. rotors)..... 892 508 (D) (D) 577 338 (D) (D) - Represents zero. D Data withheld to avoid disclosing figures for individual companies. Table 7. CONSUMPTION, STOCKS, AND SPINDLE ACTIVITY ON THE COTTON SYSTEM, BY INDUSTRY GROUPS All Weaving mills Yarn and All other Product description Unit of industries, (SIC 221, 222, thread mills industry measure Total (223, and 224) (SIC 228) groups January 1997 Domestic and foreign cotton: Consumption......................Bales...... 812,390 456,476 341,042 14,872 Stocks........................... Do....... 636,740 399,731 221,519 15,490 Manmade fiber staple: Consumption......................1,000 lbs.. 116,790 64,648 39,822 12,320 Stocks........................... Do....... 54,363 28,648 18,942 6,773 Cellulosic: Consumption.................... Do....... 12,822 7,359 3,885 1,578 Stocks......................... Do....... 8,303 3,236 4,541 526 Noncellulosic: Consumption.................... Do....... 103,968 57,289 35,937 10,742 Stocks......................... Do....... 46,060 25,412 14,401 6,247 Spindle activity: Spindles in place................Thousands.. 5,738 3,289 2,243 206 Active spindles.................. Do....... 5,410 3,039 2,207 164 Hours operated...................Millions... 2,822 1,554 1,187 81 December 1996 Domestic and foreign cotton: Consumption......................Bales...... 857,523 481,184 360,734 15,605 Stocks........................... Do....... 558,096 356,683 187,776 13,637 Manmade fiber staple: Consumption......................1,000 lbs.. 121,819 70,082 39,406 12,331 Stocks........................... Do....... 51,870 27,188 17,731 6,951 Cellulosic: Consumption.................... Do....... 11,462 6,844 3,260 1,358 Stocks......................... Do....... 8,931 3,322 4,957 652 Noncellulosic: Consumption.................... Do....... 110,357 63,238 36,146 10,973 Stocks......................... Do....... 42,939 23,866 12,774 6,299 Spindle activity: Spindles in place................Thousands.. 5,879 3,430 2,243 206 Active spindles.................. Do....... 5,401 3,038 2,198 165 Hours operated...................Millions... 3,101 1,731 1,292 78 TABLE 8. EXPORTS OF DOMESTIC COTTON, LINTERS, AND MANMADE FIBER STAPLE AND TOW (Cotton in running bales. Linters and staple in thousand kilograms) Country to which exported January 1997 December 1996 Year-to-date COTTON (1) Total........................ 703,900 796,600 703,900 Japan.............................. 90,000 103,400 90,000 Korea.............................. 56,300 71,900 56,300 Mexico............................. 36,200 57,700 36,200 Brazil............................. 28,400 21,400 28,400 Taiwan............................. 23,000 28,200 23,000 Italy.............................. 8,000 10,100 8,000 Indonesia.......................... 75,700 95,700 75,700 Canada............................. 16,100 10,400 16,100 Thailand........................... 27,700 17,100 27,700 Philippines........................ 11,200 8,800 11,200 Other countries.................... 331,300 371,900 331,300 LINTERS Total........................ (NA) 5,918 (NA) Canada............................. (NA) 282 (NA) Mexico............................. (NA) 1,110 (NA) United Kingdom..................... (NA) 238 (NA) Federal Republic of Germany........ (NA) 178 (NA) Japan.............................. (NA) 683 (NA) Other countries.................... (NA) 3,427 (NA) MANMADE FIBER STAPLE AND TOW Total........................ (NA) 39,177 (NA) Canada............................. (NA) 5,041 (NA) Brazil............................. (NA) 1,973 (NA) United Kingdom..................... (NA) 2,223 (NA) Netherlands........................ (NA) 92 (NA) Belgium............................ (NA) 742 (NA) Federal Republic of Germany........ (NA) 477 (NA) Switzerland........................ (NA) 31 (NA) Russia............................. (NA) - (NA) Hong Kong.......................... (NA) 676 (NA) Japan.............................. (NA) 1,229 (NA) Australia.......................... (NA) 113 (NA) Other countries.................... (NA) 26,580 (NA) - Represents zero. NA Not available. (1) Source: U.S. Export Sales, U.S. Department of Agriculture. Note: December 1996 cotton imports were 2,172. M22P Cotton Consumption Reports to be issued in 1997 Number Tentative Month of weeks Period Covered Release Date in period January 4 Dec 29, 1996 - Jan 25, 1 February 20, 1997 February 4 Jan 26 - Feb 22 March 20 March 5 Feb 23 - March 29 April 24 April 4 March 3 - April 26 May 22 May 4 April 27 - May 24 June 24 June 5 May 25 - June 28 July 24 July 4 June 29 - July 26 August 21 August 4 July 27 - Aug 23 September 23 September 5 Aug 24 - Sept 27 October 23 October 4 Sept 28 - Oct 25 November 20 November 4 Oct 26 - Nov 22 December 23 December 5 Nov 23 - Dec 27 January 22, 1998