Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 21-11-2013

Karachi, November 21, 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.
                                                                             20.11.2013         Ex.Karachi
37.324 kg
                           6,450            155             6,605              6,605               Nil
Equivalent
40 kgs                     6,912            155             7,067              7,067               Nil

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: November 21, 2013
                                                     2013 - 2014 CROP 
Bales   Station                 Rate          Bales     Station              Rate
400     SDU                     5600           400     Sadiqabad             6550
200     Kazi Ahmed              6250           800     Shujabad            6550/6600
1000    Khair Pur             6350/6400        400     Duniya Pur            6575
1000    Khair Pur (BCI)         6500           400     Karoor Lal            6600
800     Upper Sindh             6450           400     Chani Goth            6600
1000    Upper Sindh (BCI)       6500          1000     Lodhran               6600
400     Tiba Sultan Pur         6450           600     Liaquat Pur           6600
400     Dahran Wala             6450           400     Ahmed Pur             6600
400     Mian Chano              6475           400     Jalal Pur             6600
400     Chistian                6475          1000     Layyah                6600
600     Haroonabad              6490          1200     Bakhar                6650
800     Bahawal Pur           6500/6600        400     Muhammad Pur Dewan    6700
400     Fort Abbas              6500          1200     Rajan Pur             6700
1600    Yazman mandi          6500/6550       3000     Mian wali           6750/6800
400     Khanewal                6550

                                                          PART - III
                                                          (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (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                                      9,076            Aug, to July, 2013               12,881,436
September, 2013                                   8,733            Non Listed Mill Consumption       1,958,982
                                                                                Total:-             14,840,418
Source: Federal Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2013                                                       Date; November 21, 2013
                                   In Bales
                       Punjab       Sindh       Pakistan           Country    Selling   Buying   Sight
Total Arrivals       6,204,334    3,313,796    9,518,130
Sales to TCP                 -            -            -
"to Exporters           50,270      186,450      236,720           USA         107.20   107.00   106.98
"to Mills            4,896,437    2,409,688    7,306,125
Unsold Stocks as on 15-11-2013                 1,975,285           Source:  National Bank of Pakistan
Source: PCGA
                                         SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.11.2013
                                                                   2013-14                                        2012-13
                                                       PUNJAB       SINDH          TOTAL           PUNJAB         SINDH             TOTAL
Total Arrival:                                      6,204,334     3,313,796     9,518,130        5,723,266       2,795,809        8,519,075
Difference in bales
%                                                       +8.41        +18.53        +11.73
Flow during this fortnight                          1,625,700       286,167     1,911,867
Sales to TCP                                                -             -             -
Sales to Exporters                                     50,270       186,450       236,720           20,688         122,040          142,728
Sales to Mills                                      4,896,437     2,409,688     7,306,125        4,600,611       2,059,052        6,659,663
Unsold stocks                                                                   1,975,285                                         1,716,684

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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