Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 08-04-2015

Karachi, April 08, 2015 (PPI-OT):

                                                    CROP 2014 - 2015
                                                         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.
                                                                                07.04.2015           Ex.Karachi
37.324 kg                      5,200           150             5,350
Equivalent                                                                         5,300               + 50
40 kgs                         5,573           160             5,733               5,679               + 54

Valid for the day established by the Rates Committee at 12:00 Noon.

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; April 08, 2015
                                                          2014-2015 CROP
Bales     Station                     Rate               Bales          Station                       Rate
800       Khadro                      4400                200           Layyah                        5200
400       Mehrab Pur                  4950               2600           Sadiqabad                     5300
700       Dherki                      5500               1000           Khan Pur                      5400
600       Chichawatni                 4900                400           Ali Pur                       5400
400       Yazman Mandi                5000

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES            PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 31-03-15           2013 - 2014             10,073           01-08-14 to 31-03-15           2013-14           10,170
01-08-14 to 31-03-15           2014 - 2015            572,881           01-08-14 to 31-03-15           2014-15          490,205
                                   Total:-            582,954                                           Total;-         500,375
Source: Trade Development Authority of Pakistan
                         PART -IV                                          PART - V
                         (IMPORTS)                               (Mills Consumption of Raw Cotton)
                                                                   Cotton Season 2014-2015

PERIOD - (MY 2014-15)           Qty. in MT            Month                         Bales
Aug., 14 to Jan., 2015            61,362              Aug., 14 to Jan.,2015       8,003,964
February, 2015                    17,540              February, 2015              1,318,471
                                  78,902              Total:-                     9,322,435

Source: Pakistan Bureau of Statistics

                      (ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
                       As on April 01, 2015                                            Date; April 08, 2015
                                         In Bales
                               Punjab             Sindh              Pakistan         Country     Selling    Buying       Sight
Total Arrivals               10,864,105         3,974,500            14,838,605
Sales to TCP                     59,200            35,700                94,900
" to Exporters                   77,835           396,256               474,091        USA        101.60    101.40       101.19
" to Mills                   10,442,294         3,378,401            13,820,695
Unsold Stocks as on 01-04-2015                                          448,919
Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.04.2015
                                                            2014-15                                              2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH                TOTAL
Total Arrival:                           10,864,105        3,974,500            14,838,605     9,625,703         3,760,132           13,385,835
Difference in bales                       1,238,402          214,368             1,452,770
%                                            12.87             5.70                 10.85
Flow during this fortnight                   49,333            3,477                52,810
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           77,835          396,256               474,091       111,250           270,756              382,006
Sales to Mills                           10,442,294        3,378,401            13,820,695     9,051,063         3,256,203           12,307,266
Unsold stocks                                                                                    448,919           696,563

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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