Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 31-12-2013

Karachi, December 31, 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.
                                                                             30.12.2013         Ex.Karachi
37.324 kg
                           6,950             155             7,105            7,005            +100
Equivalent40 kgs
                           7,448             155             7,603             7,496            +107

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 31, 2013
                                         2013 - 2014 CROP 
Bales      Station               Rate               Bales          Station                       Rate
200        Mir Pur Khas          6350                200          Burewala wala(condition)       7100
400        Khan Pur Mehar        6950                400          Chichawatni                    7100
200        Rohri (BCI)           7050                200          Qutub Pur                      7100
400        Burewala              6800                400          Mian wali                      7100
400        Hasil Fur             6950                400          haroonabad                     7200
400        Bakhar                7000                400          Rahim Yar khan(conditional)    7200
600        BahawaI Pur        7000/7100              400          Sadiqabad                      7200
400        Ghazi Ghat         7000/7100              400          Mian walu(Condition)           7300
400        YazmanMandi        7000/7100

                                                          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 31, 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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