Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 06-12-2013

Karachi, December 06, 2013 (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.
                                                                             05.12.2013         Ex.Karachi
37.324 kg
                           6,450             155             6,605             6,555               +50
Equivalent40 kgs
                           6,912             155             7,067             7,014               +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.

                                           PART - II
                                     (DOMESTIC TRANSACTION)
                                    Dated: December 06, 2013
                                        2013 - 2014 CROP 
Bales      Station                    Rate               Bales      Station                    Rate
1000       Khair Pur (BCI)            6300                400       Khanewal                   6450
1000       Upper Sindh             6185/6200              400       Layyah                     6500
1000       Upper Sindh (BCI)          6400                400       Lodhran                    6500
400        Daran wala                 6300                400       Qutub Pur                  6500
2000       Vehari                     6350                400       Shujabad                   6500
1600       Burewala                   6350                600       Jalal Pur                  6500
200        Fort Abbas                 6400                600       Rahim Yar Khan             6550
1400       Faqir wali                 6400               2200       Mian Wali               6550/6650
400        Haroonabad                 6400                400       Rajan Pur                  6600
400        Maroot                     6400

                                                          PART - III
                                                          (EXPORTS)
Registration:-                                               Shipments:-
ERIOD - (MY 2013-14)             CROP            BALES       PERIOD- (MY 2013-14)         CROP          Bales
01-08-13 to 23-10-13         2011 - 2012            500
01-08-13 to 23-10-13         2012 - 2013         49,920      01-08-13 to 23-10-13       2012-13        55,852
01-08-13 to 23-10-13         2013 - 2014        186,970      01-08-13 to 23-10-13       2013-14        89,202
                                  Total:-       237,390                                   Total;-     145,054
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 2013-14)                          Qty. in MT               Month                         Bales
August, 2013 to September, 2013                  17,809            Aug, to July, 2013               12,881,436
October, 2013                                     9,336            Non Listed Mill Consumption       1,958,982
                                                 27,145                         Total:-             14,840,418
Source: Pakistan Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                      (COMPOSITE EXCHANGE RATES)
As on December 01, 2013                                                       Date; December 06, 2013
                                   In Bales
                       Punjab           Sindh       Pakistan           Country    Selling   Buying    Sight
Total Arrivals        7,565,861       3,479,480   11,045,341
Sales to TCP                 -            -            -
"to Exporters            69,950         204,424      274,374           USA         108.30   108.10   107.88
"to Mills             6,154,885       2,574,251    8,729,136
Unsold Stocks as on 01-12-2013                     2,041,831           Source:  National Bank of Pakistan
Source: PCGA
                                 SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.12.2013
                                                2013-14                                     2012-13
                                   PUNJAB        SINDH        TOTAL            PUNJAB        SINDH          TOTAL
Total Arrival:                   7,565,861     3,479,480   11,045,341        6,605,379      2,977,181     9,582,560
Difference in bales
%                                   +14.54        +16.87       +15.27
Flow during this fortnight       1,361,527       165,684    1,527,211
Sales to TCP                         -              -           -
Sales to Exporters                  69,950       204,424      274,374           33,300        126,440       159,740
Sales to Mills                   6,154,885     2,574,251    8,729,136        5,395,499      2,254,874     7,650,373
Unsold stocks                                               2,041,831                                     1,772,447

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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