Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 30-12-2014

Karachi, December 30, 2014 (PPI-OT):

                                                       CROP 213-214
                                                         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.
                                                                            29.12.2014          Ex.Karachi
37.324 kg                  4,950           150             5,100
Equivalent                                                                    5,000              + 50
40 kgs                     5,305           160                                5,411              + 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; December 30,2014
                                                          2014-2015 CROP
Bales           Station                      Rate               Bales           Station                  Rate
400             Vehari                       4700                 800           Liaquat Pur              5300
600             Hasil Pur                    4800                1000           Mian Wali                5300
600             Faqir wali                   4950                2000           Khan Pur              5300 / 5350
1000            Haroonabad                   4950                2000           Rahim Yar Khan        5300 / 5350
800             Fort Abbas                   4950                1600           Sadiqabad             5300 / 5350
600             Ahmed Pur                    5000                1000           Ali Pur               5300 / 5350
400             Multan                       5200

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES       PERIOD- (MY 2014-15)       CROP                     Bales
01-08-14 to 23-12-14           2013 - 2014            10,073       01-08-14 to 23-12-14       2013-14                  5,354
01-08-14 to 23-12-14           2014 - 2015           438,008       01-08-14 to 23-12-14       2014-15                325,459
                               Total:-               448,081                                  Total;-                330,813
Source: Trade Development Authority of Pakistan                         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., to Oct., 2014                       23,945        Aug., to Oct.,2014        4,035,929
November, 2014                            15,541        November, 2014            1,332,141
                                          39,486                Total:-           5,368,070

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on December 15, 2014                                                      Date; December 30,2014
                                     In Bales
                           Punjab                  Sindh           Pakistan
Total Arrivals          9,448,451                 3,785,535        13,233,986             Country    selling       Buying     Sight
Sales to TCP               42,200                    19,400            61,600
"to Exporters              51,420                   299,810           351,230               USA       100.50       100.30     100.09
"to Mills               7,839,611                 2,757,614        10,597,225
Unsold Stocks as on  15-12-2014                                     2,223,931             Source:    National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.12.2014
                                                            2014-15                                                       2013-14
                                         PUNJAB              SINDH            TOTAL             PUNJAB           SINDH          TOTAL
Total Arrival:                          9,448,451        3,785,535         13,233,986         8,635,886        3,614,063     12,249,949
Difference in bales                       812,565          171,472            984,037
%                                            9.41             4.74               8.03
Flow during this fortnight                950,322          137,959          1,088,281
Sales to TCP                               42,200           19,400             61,600
Sales to Exporters                         51,420          299,810            351,230            85,614          230,190        315,604
Sales to Mills                          7,839,611        2,757,614         10,597,225         7,216,014        2,746,282      9,962,296
Unsold stocks                                                               2,223,931                                         1,971,849

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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