Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 02-12-2014

Karachi, December 02, 2014 (PPI-OT):

                                                       CROP 213-214
                                                         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.
                                                                            01,12.2014          Ex.Karachi
37.324 kg                   4,800             150            4,950              4,950             NIL

Equivalent
40 kgs                      5,144             160            5,304              5,304             NIL

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.

                                                            PART -II
                                                     (DOMESTIC TRANSACTION)
                                                       Dated; December 02,2014
                                                          2014-2015 C R O P
Bales              Station                   Rate               Bales             Station                    Rate
600                Shahdad Pur               3600                400              Basti Malook               4850
400                Jhole                     3800                400              Pir Mehal                  4870
400                Khadro                    3800               2000              BahawalPur               4875/4950
400                Rohri                     4800               2400              Ahmed Pur                4900/4950
400                Dhran wala                4700                600              Fort Abbas               4925/4950
400                Chistian                  4700               1000              Rajan Pur                  4950
400                Chichawatni               4700                600              MuhammadPur Dewan          4950
400                Faqir wali                4125               1000              Rahim Var Khan             5000
400                Bakhar                    4750               1400              Layyah                     4950
200                Silan wali                4800                400              Fazil pur                  5000
400                Duniya Pur                4800                600              Mian wali                  5100
1000               Haronnabad                4825

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES          PERIOD- (MY 2014-15)           CROP          Bales
01-08-14 to 23-11-14            2013 - 2014           10,073
01-08-14 to 23-11-14            2014 - 2015          363,845         01-08-14 to 23-11-14          2013-14         5,354

                                                                      01-08-14 to23-11-14          2014-15       266,803
                                       Total;-       373,918                                        Total;-      272,157
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 2014-15)                               Qty. in MT                 Month                          Bales
Aug,to Sept.,2014                                                         Aug,to July,2014(p)              15,702,309
October,2014                                           16,132             Non Listed Mill consumption          17,647
                                                        7,813
                                                       23,945                                  Total:-     15,719,956

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2014                                                      Date; December 02,2014
                                   In Bales
                        Punjab              Sindh          Pakistan
Total Arrivals          6,985,213           3,452,860      10,438,073    Country    selling       Buying     Sight
Sales to TCP               -                    -              -
"to Exporters              29,820             244,160         273,980       USA      101.70       101.50     101.29
"to Mills               5,343,636           2,420,588       7,764,224
Unsold Stocks as on  15-11-2014                             2,399,869       Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.11.2014
                                                         2014-15                                 2013-14
                                         PUNJAB        SINDH            TOTAL          PUNJAB       SINDH       TOTAL
Total Arrival:                          6,985,213      3,452,860     10,438,-073      6,204,334    3,313,796  9,518,130
Difference in bales                       780,879        139,064        919,943
%                                          12.59           4.20           9.67
Flow during this fortnight              1,748,637        307,017      2,055,654
Sales to TCP                                 -              -              -
Sales to Exporters                         29,820         244,160       273,980         50,270           186,450         236,720
Sales to Mills                          5,343,636       2,420,558     7,764,224      4,896,437         2,409,688       7,306,125
Unsold stocks                                                         2,399,869                                        1,975,285

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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