Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 04-12-2014

Karachi, December 04, 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.
                                                                            03,12.2014          Ex.Karachi
37.324 kg                   4,650            150            4,800              4,900              -100

Equivalent
40 kgs                      4,983            160            5,143              5,251              -108

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 04,2014
                                                          2014-2015 C R O P
Bales              Station                   Rate               Bales            Station                    Rate
800                Kazi Ahmed                4500             400                Multan                     4750
800                Kandiyro               4550/4575           1200               Shujabad                   4750
2000               Khair Pur              4625/4650           1000               Bahawal Pur                4750
200                Toba Tek Singh           4550              400                Yazman Mandi               4750
200                Dhran Wala               4600              800                Ali Pur                    4750
200                Gojra                    4650              1000               Ahmed Pur                  4500
1400               Haroonabad             4650/4750           400                Layyah                     4800
1200               Bakhar                 4100/4750           2000               Mian wali               4900/5000

                                                              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 to 23-11-14          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 December 01, 2014                                                      Date; December 04,2014
                                   In Bales
                        Punjab              Sindh          Pakistan
Total Arrivals          8,498,129           3,647,576      10,145,705       Country    selling       Buying     Sight
Sales to TCP               -                -             -
"to Exporters              43,120             269,710         312,830          USA      101.60       101.40     101.19
"to Mills               6,763,644           2,612,046       9,375,690
Unsold Stocks as on  01-12-2014                             2,444,785         Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.12.2014
                                                         2014-15                                    2013-14
                                         PUNJAB        SINDH            TOTAL          PUNJAB         SINDH          TOTAL
Total Arrival:                          8,498,129      3,647,576      12,145,705     7,565,861      3,479,480       11,045,341
Difference in bales                       932,268        168,096       1,100,364
%                                          12.32           4.83            9.96
Flow during this fortnight              1,512,916        194,716       1,707,632
Sales to TCP                                 -              -               -
Sales to Exporters                         43,120        269,710         312,830         69,950          204,424        274,374
Sales to Mills                          6,763,644      2,612,046       9,375,690      6,154,885        2,574,251      8,729,136
Unsold stocks                                                          2,444,785                                      2,041,831

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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