Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 21-03-2014

Karachi, March 21, 2014 (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.
20.03.2014 Ex.Karachi
37.324 kg 6 ,600 155 6,755 6,805 -50
Equivalent
40 kgs 7 ,073 155 7,228 7,282 -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: March 21, 2014

2013 – 2014 CROP
Bales Station Rate Bales Station Rate
400 Sui Gas 6200 200 Vehari 6550
200 Khair Pur 6200 400 Haroonabad 6700(Conditional)
600 Dharki 6500/6550 200 Burewala 6750 (Conditional)
200 Ghotki 6600 600 Qaboola 6750 (Conditional)

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 15-03-14 2011 – 2012 500
01-08-13 to 15-03-14 2012 – 2013 51,580 01-08-13 to 15-03-14 2012-13 58,370
01-08-13 to 15-03-14 2013 – 2014 536,393 01-08-13 to 15-03-14 2013-14 299,704
Total:- 588,473 Total;- 358,074
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 2013-14) Qty. in MT Month Bales
Aug.,to Dec.,2013 61,054 Aug,to Nov.,2013 3,945,882
January,2014 62,639
123,693 December,2013 1,000,000
Total:- 4,945,882
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on March 15, 2014 Date; March 21, 2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,614,295 3,755,332 13,369,627 Country Selling Buying Sight
Sales to TCP – – -
“to Exporters 106,517 263,156 369,673 USA 98.10 97.90 97.70
“to Mills 8,941,222 3,207,412 12,148,634
Unsold Stocks as on 15-03-2014 851,320 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.03.2014
2013-14 2012-13

PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,614,295 3 ,755,332 13,369,627 9 ,445,703 3,399,367 12,845,070
Difference in bale
% + 1.78 + 10.47 + 4.08
Flow during this fortnight 39,160 1,800 40,960
Sales to TCP – – -
Sales to Exporters 106,517 263,156 369,673 185,753 143,178 328,931
Sales to Mills 8,941,222 3,207,412 12,148,634 8,609,207 308,826 11,618,033
Unsold stocks 851,320 898,106

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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