Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 04-10-2013

Karachi, October 04, 2013 (PPI-OT):

                                                                     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.
                                                                             30.09.2013         Ex. Karachi
37.324 kg
                           6,950             155           7,105                7,155           - 50
Equivalent
40 kgs                     7,448             155           7,603                7,657           - 54

                                 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: October 04, 2013
                            2013 - 2014 CROP
Bales        Station               Rate        Bales       Station                    Rate
1200         Khair Pur             7050        1400        Khanewal                   7000
2000         Upper Sindh           7050        1000        Bakhar                     7000
400          Sanghar               6700        400         Arif wala                  7000
400          Duniya Pur            6850        400         Muhammad Pur Dewan         7000
400          Burewala              6900        600         Fazil Pur                  7000
400          Chistian              6900        2000        Rajan Pur                  7000
400          Vehari                6975        400         Tonsa Sharif               7000
400          Multan                7000        400         Faqir wali                 7050
800          Shujabad              7000        2000        Haroonabad                 7050
1400         Kabir wala            7000

                                                          PART - III
                                                           (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (MY 2013-14)       CROP       BALES        PERIOD- (MY 2013-14)     CROP      Bales
01-08-13 to 30-09-13    2012 - 2013    49,920       01-08-13 to 30-09-13    2012-13    54,079
01-08-13 to 30-09-13    2013 - 2014   151,466       01-08-13 to 30-09-13    2013-14    59,638
               Total:-                201,386                    Total:-              113,717
Source: Trade Development Authority of Pakistan                              Source: Trade Development Authority of Pakistan

        PART -IV                                                                              PART - V
       (IMPORTS)                                                                 (Mills Consumption of Raw Cotton)
                                                                                      Cotton Season 2012-2013
PERIOD - (MY 2012-13)                        Qty. in MT           Month                           Bales
                                                                Aug, to July, 2013               12,881,436
August, 2013                                    9,076           Non Listed Mill Consumption       1,958,982
                                                                             Total:-             14,840,418
                                                              Figure Revised
Source: Federal Bureau of Statistics                          Source: Textile Commissioner's Organization

(ARRIVAL CROP 2012-13)                                                               (COMPOSITE EXCHANGE RATES)
As on October 01, 2013                                                                 Date; October 04, 2013
                                   In Bales
                     Punjab                      Sindh              Pakistan           Country    Selling   Buying     Sight
Total Arrivals       1,493,505                   2,190,784          3,684,289
Sales to TCP            -                         -                   -
"to Exporters           12,000                     123,600            135,600           USA       105.70    105.50    105.28
"to Mills            1,245,171                   1,715,635          2,290,806
Unsold Stocks as on 01-10-2013                                        587,883           Source:  National Bank of Pakistan
Source: PCGA
                                         SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01-10-2013
                                                                   2013-14                  2012-13
                                        PUNJAB       SINDH        TOTAL        PUNJAB      SINDH     TOTAL
Total Arrival:                        1,493,505    2,190,784    3,684,289    1,826,069   1,621,094  3,447,163
Difference in bales
%                                        -18.21       +35.14         6.88
Flow during this fortnight              561,893      495,630    1,057,523
Sales to TCP                               -            -            -
Sales to Exporters                       12,000      123,600      135,600        1,000      35,740     36,740
Sales to Mills                        1,245,171    1,715,635    2,960,806    1,530,094   1,274,755   2,84,849
Unsold stocks                                                     587,883                             605,574

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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