CURRENT INDUSTRIAL REPORTS CONSUMPTION ON THE COTTON SYSTEM AND STOCKS -- FEBRUARY 1997 M22P(97)-2 Issued March 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) Daily Month and year Cotton Manmade fibers Stocks average Manmade spindle Long Cellu- Noncell- fiber hours Total Upland (2) staple (3) Total losic ulosic Cotton (4) staple operated (1) 1997 February............... 40,128 39,735 393 5,731 588 5,143 7,553 52,843 142 January................ 40,759 40,381 378 5,936 627 5,309 7,209 52,931 143 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 February 1997 daily average is based on 20 days, and the January 1997 daily average is based on 20 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) Daily Month and year Cotton Manmade fibers Stocks average Manmade spindle Long Cellu- Noncell- fiber hours Total Upland (2) staple (3) Total losic ulosic Cotton (4) staple operated (1) 1997 February...................... 41,155 40,762 393 5,867 614 5,253 9,765 52,843 150 January....................... 40,490 40,112 378 5,819 630 5,189 11,094 52,931 142 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 February 1997 daily average is based on 20 days, and the January 1997 daily average is based on 20 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 February...................... 163 39 83 January....................... 166 41 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 February 1997 January 1997 (4 Weeks) (4 Weeks) Area, State, and type of fiber 1,000 1,000 Bales pounds Bales pounds Domestic and foreign cotton................ 823,084 408,894 809,802 401,845 By area and State: Cotton growing States.................. 821,588 408,146 809,204 401,548 Alabama.............................. 115,064 57,108 120,126 59,520 Georgia.............................. 153,033 75,978 149,067 73,972 North Carolina....................... 348,717 173,351 341,359 169,512 South Carolina....................... 144,605 71,884 140,833 69,997 Tennessee............................ 10,788 5,386 11,023 5,503 Texas................................ 16,256 8,032 13,947 6,762 Virginia............................. 22,452 11,084 22,706 11,225 Other States......................... 10,673 5,323 10,143 5,057 Rest of United States.................. 1,496 748 598 297 By type of cotton: American Upland and foreign cotton..... 815,230 404,967 802,237 398,069 American Upland...................... 799,666 397,337 782,407 388,494 Staples less than 1 inch in length. 5,122 2,533 4,913 2,440 1 inch and 1-1/32 inch staples..... 140,239 69,812 134,632 67,085 1-1/16 inch and 1-3/32 inch staples 625,382 310,616 615,294 305,244 Staples longer than 1-3/32 inch.... 28,923 14,376 27,568 13,725 Foreign cotton....................... 15,564 7,630 19,830 9,575 Extra long staple (1).................. 7,854 3,927 7,565 3,776 Manmade fiber staple (2)................... (X) 117,340 (X) 116,373 Cellulosic (rayon and acetate)........... (X) 12,279 (X) 12,600 Noncellulosic............................ (X) 105,061 (X) 103,773 Nylon.................................. (X) 1,500 (X) r/2,524 Acrylic and modacrylic................. (X) 8,164 (X) 7,485 Polyester.............................. (X) 93,927 (X) 92,477 Other manmade fiber.................... (X) 1,470 (X) 1,287 - Represents zero. r/ Revised by 5 or more percent from previously published data. X Not applicable. (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 February 1997 January 1997 Area, State, and type of fiber 1,000 1,000 Bales pounds Bales pounds Domestic and foreign cotton........................... 667,691 331,322 636,377 315,648 By area and state: Cotton growing States............................. 667,153 331,053 635,707 315,313 Alabama......................................... 153,952 76,337 143,145 70,868 Georgia......................................... 103,252 51,357 93,401 46,357 North Carolina.................................. 231,593 114,899 223,319 110,896 South Carolina.................................. 130,434 64,634 120,558 59,734 Tennessee....................................... 14,169 7,031 13,879 6,895 Texas........................................... 15,686 7,826 24,291 12,064 Virginia........................................ 11,148 5,517 9,684 4,785 Other States.................................... 6,919 3,452 7,430 3,714 Rest of United States............................. 538 269 670 335 By type of cotton: American Upland and foreign cotton................ 665,260 330,092 634,064 314,462 American Upland................................. 659,633 327,418 627,557 311,375 Foreign cotton.................................. 5,627 2,674 6,507 3,087 Extra long staple (1)............................. 2,431 1,230 r/2,313 r/1,186 Manmade fiber staple (2).............................. (X) 52,843 (X) 52,931 Cellulosic (rayon and acetate)...................... (X) 8,886 (X) 8,402 Noncellulosic....................................... (X) 43,957 (X) 44,529 Nylon............................................. (X) 530 (X) 268 Acrylic and modacrylic............................ (X) 5,092 (X) r/5,236 Polyester......................................... (X) 37,448 (X) 38,029 Other manmade fiber............................... (X) 887 (X) r/996 D Withheld to avoid disclosing data 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 February 1997 January 1997 Domestic and foreign cotton (1)................... 9,097,167 10,457,497 By State: Alabama....................................... 387,238 432,902 Arizona/New Mexico (2)........................ 473,112 583,108 Arkansas...................................... 677,707 798,566 California.................................... 1,310,178 1,458,227 Florida/Georgia............................... 759,535 883,913 Louisiana..................................... 800,489 886,073 Mississippi................................... 881,656 1,026,313 Missouri...................................... 160,868 215,906 North Carolina................................ 514,214 524,602 Oklahoma/Texas................................ 2,317,537 2,851,172 South Carolina................................ 163,571 174,780 Tennessee..................................... 651,062 621,935 Other States.................................. - - By type of cotton: American upland (3)............................. 8,951,587 10,283,091 Extra long staple (4)........................... 145,580 174,406 - 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: February 1997, 45,348; January 1997, 57,806. (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 February January Consumer or warehouse measure 1997 1997 (4 weeks) (4 weeks) Consumption........................Running bales.. 59,194 59,492 Bleachers: Running bales........ Do......... 56,069 55,915 Gross weight.........1,000 lbs...... 35,322 35,480 Other consumers..................Running bales.. 3,125 3,577 Pacific and Mountain States.... Do......... 1,109 r/1,105 All other States............... Do......... 2,016 2,472 Stocks (end of period).............Running bales.. 272,435 260,338 Bleachers: Running bales........ Do......... 194,608 189,183 Gross weight.........1,000 lbs...... 124,259 121,144 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......... 74,345 66,728 D Withheld to avoid disclosing data for individual companies. r/Revised by 5 or more percent from previously published data. (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 Total 100 percent fibers Total 100 percent Other spindles percent manmade and spindle percent manmade fibers and in place cotton fibers blends hours cotton fibers blends February 1997 United States......................... 5,765 2,572 933 1,913 2,993 1,482 477 1,034 By State: Alabama........................... 563 281 21 230 300 160 7 133 Georgia........................... 630 289 70 225 331 170 37 124 North Carolina.................... 2,191 1,074 598 471 1,194 626 313 255 South Carolina.................... 1,864 634 217 869 922 367 98 457 Tennessee......................... 226 145 (D) (D) 119 69 (D) (D) Texas............................. (D) (D) (D) (D) (D) (D) (D) (D) Virginia.......................... 208 102 (D) (D) 94 62 (D) (D) Other States...................... (D) (D) (D) (D) (D) (D) (D) (D) By type: Ring spindles....................... 4,788 2,062 891 1,505 2,393 1,170 456 767 Air jet position.................... 85 - (D) (D) 52 - (D) (D) Open-end position (i.e. rotors)..... 892 510 (D) (D) 548 312 (D) (D) January 1997 United States......................... 5,779 2,587 934 1,920 2,832 1,422 446 964 By State: Alabama........................... 567 283 21 232 291 151 5 135 Georgia........................... 630 289 70 224 322 166 40 116 North Carolina.................... 2,190 1,073 592 481 1,111 594 288 229 South Carolina.................... 1,875 653 225 857 869 354 98 417 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....................... 4,803 2,070 894 1,517 2,234 1,102 422 710 Air jet position.................... 84 - (D) (D) 52 - (D) (D) Open-end position (i.e. rotors)..... 892 517 (D) (D) 546 320 (D) (D) - Represents zero. D Withheld to avoid disclosing data for individual companies. r/Revised by 5 or more percent from previously published data. 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 February 1997 Domestic and foreign cotton: Consumption...................... Bales...... 823,084 462,749 346,157 14,178 Stocks........................... Do....... 667,691 415,542 233,087 19,062 Manmade fiber staple: Consumption...................... 1,000 lbs.. 117,340 66,410 38,649 12,281 Stocks........................... Do....... 52,843 26,383 20,210 6,250 Cellulosic: Consumption.................... Do....... 12,279 7,270 3,630 1,379 Stocks......................... Do....... 8,886 3,539 5,091 256 Noncellulosic: Consumption.................... Do....... 105,061 59,140 35,019 10,902 Stocks......................... Do....... 43,957 22,844 15,119 5,994 Spindle activity: Spindles in place................ Thousands.. 5,765 3,282 2,283 200 Active spindles.................. Do....... 5,418 3,011 2,247 160 Hours operated................... Millions... 2,993 1,644 1,271 78 January 1997 Domestic and foreign cotton: Consumption...................... Bales...... 809,802 454,186 339,568 r/16,048 Stocks........................... Do....... 636,377 397,426 221,150 r/17,801 Manmade fiber staple: Consumption...................... 1,000 lbs.. 116,373 63,729 39,708 12,936 Stocks........................... Do....... 52,931 28,094 18,359 6,478 Cellulosic: Consumption.................... Do....... 12,600 7,359 3,657 1,584 Stocks......................... Do....... 8,402 3,237 4,625 540 Noncellulosic: Consumption.................... Do....... 103,773 56,370 36,051 11,352 Stocks......................... Do....... 44,529 24,857 13,734 5,938 Spindle activity: Spindles in place................ Thousands.. 5,779 3,287 2,286 206 Active spindles.................. Do....... 5,441 3,027 2,250 164 Hours operated................... Millions... 2,832 1,556 1,197 79 r/Revised by 5 or more percent from previously published data. 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 February 1997 January 1997 Year-to-date COTTON (1) Total........................ 652,300 703,900 1,356,200 Japan.............................. 55,200 90,000 145,200 Korea.............................. 70,100 56,300 126,400 Mexico............................. 72,400 36,200 108,600 Brazil............................. 3,800 28,400 32,200 Taiwan............................. 37,900 23,000 60,900 Italy.............................. 3,700 8,000 11,700 Indonesia.......................... 62,200 75,700 137,900 Canada............................. 16,700 16,100 32,800 Thailand........................... 25,500 27,700 53,200 Philippines........................ 12,800 11,200 24,000 Other countries.................... 292,000 331,300 623,300 LINTERS Total........................ (NA) 8,511 (NA) Canada............................. (NA) 200 (NA) Mexico............................. (NA) 887 (NA) United Kingdom..................... (NA) 482 (NA) Federal Republic of Germany........ (NA) 455 (NA) Japan.............................. (NA) 768 (NA) Other countries.................... (NA) 5,719 (NA) MANMADE FIBER STAPLE AND TOW Total........................ (NA) 33,845 (NA) Canada............................. (NA) 6,830 (NA) Brazil............................. (NA) 2,045 (NA) United Kingdom..................... (NA) 1,920 (NA) Netherlands........................ (NA) 200 (NA) Belgium............................ (NA) 1,247 (NA) Federal Republic of Germany........ (NA) 349 (NA) Switzerland........................ (NA) 13 (NA) Russia............................. (NA) - (NA) Hong Kong.......................... (NA) 222 (NA) Japan.............................. (NA) 837 (NA) Australia.......................... (NA) 241 (NA) Other countries.................... (NA) 19,941 (NA) - Represents zero. NA Not available. (1) Source: U.S. Export Sales, U.S. Department of Agriculture. Note: January 1997 cotton imports were 16.