Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 25-08-2014

Karachi, August 25, 2014 (PPI-OT):


CROP 2013-2014
PART – I
SPOT RATES
KCA Official Spot Rate for Local Dealings in Pak Rupees
FOR BASE GRADE 3 (THREE) STAPLE LENGTH 1-1/16″
MICRONAIRE VALUE BETWEEN 3.8 To 4.9 NCL
Rate Ex-Gin Price Up-country Spot Rate Spot Rate Difference
for Expenses Ex-Karachi Ex. KHI. As on In Rs.
23.08.2014 Ex.Karachi
37.324 kg 5,500 150 5,650 5,600 +50
Equivalent
40 kgs 5,894 160 6,054 6,001 +53

Valid for the day established by the Rates Committee at 12:00 Noon. Grade and Staple Margins are notified below:

The Grade and Staple Margins Chart and the percentage allowances for Micronaire below and in excess of the given limits will be published in the DMR of the Association every Monday or on Tuesday, if Monday happens to be a closed holiday.

GRADE AND STAPLE MARGINS
(for the period from August 01, 2014 to August 31, 2014)
STAPLE
GRADE
31/32″ 1″ 1-1/32″ 1-1/16″ 1-3/32″ 1-1/8″
37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg
Super – 50 – 54 – 0 0 +50 – 54 + 150 + 161 + 250 268 + 350 375
1 -100 – 107 – 50 – 54 – 0 – 0 + 100 + 107 + 200 214 + 300 322
2 -150 – 161 -100 -107 -50 – 54 + 50 + 54 + 150 161 + 250 268
3 -200 – 214 -150 -161 -100 -107 BASE + 100 107 + 200 214
4 -300 – 322 -200 -214 -150 -161 – 100 – 107 0 0 + 100 107
5 -350 – 375 -250 -268 -200 -214 – 150 – 161 -50 -54 + 50 54

All above margins are based on Micronaire value between 3.8 to 4.9 NCL for Grades Super, 1, 2, and 3 and Micronaire value between 3.5 to 4.9 NCL for Grades 4 and 5.

Approval of Government for Grade Super and Micronaire value 3.8 to 4 9 NCL is awaited.

The discount on the basis of low or high Micronaire is stated below which is applicable in addition to the above mentioned margins:

Micronaire below 3.8 in Percentage Micronaire in Percentage
Grades Super,1,2 and 3 Allowance Excess of 4.9 Allowance
and Micronaire below 3.5
in Grades 4 and 5
0.1 0.5 0.1 0.5
0.2 1.0 0.2 1.0
0.3 2.0 0.3 2.0
0.4 3.0 0.4 3.0
0.5 4.0 0.5 4.0
4.0 0.5 4.0

PART -II
(DOMESTIC TRANSACTION)
Dated: August 25, 2014
2014-2015-CROP

Bales Station Rate Bales Station Rate
2000 Mir Pur Khas 5450/5550 200 Pir Mehal 5600
800 Kotri 5450/5500 400 Haroonabad 5600
1000 Hyderabad 5450/5500 400 Kabir wala 5600
2200 Shahdad Pur 5500/5600 1000 Hasil Pur 5600
2000 Tando Adam 5500/5600 200 Pattoki 5600
2400 Sanghar 5450/5550 200 Garh Maharaja 5600
400 Nooriabad 5500 400 Bahawal Pur 5600
600 Vehari 5550/5600 200 Deepal Pur 5600
600 Burewala 5550/5600 200 Arif Wala 5640
200 Mamo kanjan 5575 1000 Khanewal 5650
400 Chichawatni 5575

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 31-07-14 2011 – 2012 500
01-08-13 to 31-07-14 2012 – 2013 51,580 01-08-13 to 31-07-14 2012-13 58,370
01-08-13 to 31-07-14 2013 – 2014 624,215
2014 – 2015 12,843 01-08-13 to 31-07-14 2013-14 479,768
Total;- 689,138 Total;- 538,138
Source: Trade Development Authority of Pakistan Source: Trade Development Authority of Pakistan

PART -IV PART – V
(IMPORTS) (Mills Consumption of Raw Cotton)
Cotton Season 2013-2014
PERIOD – (MY 2013-14) Qty. in MT Month Bales
Aug.,to June.,2014 254,304 Aug,to May,2014 13,104,587
July,2014 6,335 June, 2014 1,327,941
260,639
Total:- 14,432,528
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final) Date; August 25,2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,631,362 3,760,332 13,391,694 Country selling Buying Sight
Sales to TCP – – -
“to Exporters 123,826 275,556 399,382 USA 101.40 101.20 100.99
“to Mills 9,230,582 3,353,914 12,584,496
Unsold Stocks as on 01-05-2014 407,816 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014 (Final)
2013-14 2012-13
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,631,362 3,760,332 13,391,694 9,508,418 3,407,167 12,915,585
Difference in bales
% 1.29 10.37 3.69
Flow during this fortnight 706 200 906
Sales to TCP – – -
Sales to Exporters 123,826 275,556 399,382 207,967 145,378 353,345
Sales to Mills 9,230,582 3,353,914 12,584,496 9,051,051 3,111,270 12,162,321
Unsold stocks 407,816 399,919

For more information, contact:
Karachi Cotton Association
The Cotton Exchange I.I Chundrigar Road,
Karachi, Pakistan.
Phone: +(92)242-5007, +(92)241-2570, +(92)241-6497
Fax: +(92)241-3035, +(92)241-2580
Email: contact@kcapak.org

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