Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 27-12-2013

Karachi, December 27, 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.
                                                                             26.12.2013         Ex.Karachi
37.324 kg
                           6,700             155             6,855             6,805             +50
Equivalent40 kgs
                           7,180            155             7,335             7,282              +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 27, 2013
                                   2013 - 2014 CROP 
Bales       Station              Rate              Bales          Station                    Rate
800         Bahawal Nagar      5700 /6750           600           Basti Malook               6800
1000        Fort Abbas            6750              400           Bakhar                     6900
400         Maroot                6750              1000          Ghazi Ghat                 6900
400         Adds Flour            6750              1000          Jahanian                   7000
600         Bahnwal Pur           6750              400           Shujabad                   7000
800         Hasil Pur          6750 /6800           400           Sadiqabad                  7000
1400        Haroonabad            6800              1200          Kabbir wala                7000
400         Yazman Mandi          6800              1400          Ali Pur                    7000
200         Multan                6800              400           Jhang (Conditional)        7000

                                                          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 2013-2014
PERIOD - (MY 2013-14)                          Qty. in MT       Month                        Bales
Aug., to Oct.,2013                              27,145          Aug,to Sept.,2013         1,970,353
November, 2013                                   9,618                      
                                                36,763          October,  2013                987,294
                                                                                Total:-    2,957,647
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on December 15, 2013                                                       Date; December 27, 2013
                                   In Bales
                         Punjab           Sindh         Pakistan          Country     Selling   Buying   Sight
Total Arrivals            8,635,886        3,614,063    12,249,949
Sales to TCP                -                -             -
"to Exporters             85,614             230,190       315,804           USA         105.20   105.00   104.78
"to Mills                7,216,014         2,746,282     9,962,296
Unsold Stocks as on 15-12-2013                           1,971,849           Source:  National Bank of Pakistan
Source: PCGA
                                        SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.12.2013
                                                       2013-14                                         2012-13
                                        PUNJAB         SINDH           TOTAL           PUNJAB          SINDH           TOTAL
Total Arrival:                           8,635,886     3,614,063      12,249,949       7,645,861      3,123,000       10,768,861
Difference in bales
%                                           +12.95       +15.72           +13.75
Flow during this fortnight                1,070,025      134,583       1,204,608
Sales to TCP                                 -             -               -
Sales to Exporters                           85,614       230,190        315,804          41,100        130,846          171,946
Sales to Mills                            7,216,014     2,746,282      9,962,296       6,427,087      2,426,227        8,853,314
Unsold stocks                                                          1,971,849                                       1,743,601

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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