Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 16-04-2015

Karachi, April 16, 2015 (PPI-OT):


CROP 2014 – 2015
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.
15.04.2015 Ex.Karachi
37.324 kg 5,300 150 5,450
Equivalent 5,450 NIL
40 kgs 5,680 160 5,840 5,840 NIL

Valid for the day established by the Rates Committee at 12:00 Noon.

Grade and Staple Margins are notified below:

GRADE AND STAPLE MARGINS
(for the period from April 16, 2015 to April 30, 2015)
STAPLE
GRADE
31/32″ 1″ 1-1/32″ 1-1/16″ 1-3/32″ 1-1/8″
37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg
Super – 400 -429 – 300 -322 – 100 -107 + 300 322 + 450 482 + 550 589
1 – 450 -482 – 350 -375 – 200 -214 +250 268 + 400 429 + 500 536
2 – 500 -536 – 400 -429 – 250 -268 + 200 214 + 350 375 + 450 482
3 – 900 -965 – 700 -750 – 500 -536 BASE + 200 214 + 300 322
4 – 1300 -1393 – 1100 -1179 – 900 -965 – 400 -429 – 200 -214 – 100 -107
5 – 1400 -1500 – 1200 -1286 – 1000 -1072 – 500 -536 – 300 -322 – 200 -214

All above margins are based on Micronaire value between 3.8 to 4.9 NCL for Grades Super, 1, 2, and 3 and Micronaire value between 3.5 to 4.9 NCL for Grades 4 and 5. Approval of Government for Grade Super and Micronaire value 3.8 to 4.9 NCL is awaited.

The discount on the basis of low or high Micronaire is stated below which is applicable in addition to the above mentioned margins:

PART -II
(DOMESTIC TRANSACTION)
Dated; April 16, 2015
2014-2015 CROP

Bales Station Rate Bales Station Rate
400 Kot Lalo 4600 200 Jalal Pur 5400
400 Mir Pur Khas 4800 200 Vehari 5500
200 Kasoowal 5150 / 5300 600 Chichawatni 5550
400 Ahmed Pur 5275 1000 Rahim Yar Khan 5500 / 5600
200 Multan 5300 400 Khan Pur 5600

PART – III
(EXPORTS)

Registration:- Shipments:-
PERIOD – (MY 2014-15) CROP BALES PERIOD- (MY 2014-15) CROP Bales
01-08-14 to 31-03-15 2013 – 2014 10,073 01-08-14 to 31-03-15 2013-14 10,170
01-08-14 to 31-03-15 2014 – 2015 572,881 01-08-14 to 31-03-15 2014-15 490,205
Total:- 582,954 Total;- 500,375
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 Jan., 2015 61,362 Aug.,14 to Jan.,2015 8,003,964
February, 2015 17,540 February, 2015 1,318,471
78,902 Total:- 9,322,435

Source: Pakistan Bureau of Statistics

(ARRIVAL CROP 2014-15) (COMPOSITE EXCHANGE RATES)
As on April 01, 2015 Date; April 16, 2015
In Bales
Punjab Sindh Pakistan Country Selling Buying Sight
Total Arrivals 10,864,105 3,974,500 14,838,605
Sales to TCP 59,200 35,700 94,900
” to Exporters 77,835 396,256 474,091 USA 101.50 101.30 101.09
” to Mills 10,442,294 3,378,401 13,820,695
Unsold Stocks as on 01-04-2015 448,919
Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.04.2015
2014-15 2013-14
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 10,864,105 3,974,500 14,838,605 9,625,703 3,760,132 13,385,835
Difference in bales 1,238,402 214,368 1,452,770
% 12.87 5.70 10.85
Flow during this fortnight 49,333 3,477 52,810
Sales to TCP 59,200 35,700 94,900
Sales to Exporters 77,835 396,256 474,091 111,250 270,756 382,006
Sales to Mills 10,442,294 3,378,401 3,820,695 9,051,063 3,256,203 12,307,266
Unsold stocks 448,919 696,563

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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