Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 23-04-2015

Karachi, April 23, 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.
22.04.2015 Ex.Karachi
37.324 kg 5,250 150 5,400
Equivalent 5,450 – 50
40 kgs 5,626 160 5,786 5,840 – 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; April 23, 2015
2014-2015 CROP
Bales Station Rate Bales Station Rate
400 Dharki 5000 200 Shujabad 5200
200 Vehari 4700 400 Yazman Mandi 5400
100 Multan 5200 400 Rahim Yar Khan 5450

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2014-15) CROP BALES PERIOD- (MY 2014-15) CROP Bales
01-08-14 to 07-04-15 2013 – 2014 10,073 01-08-14 to 07-04-15 2013-14 10,170
01-08-14 to 07-04-15 2014 – 2015 578,310 01-08-14 to 07-04-15 2014-15 493,852
Total:- 588,383 Total;- 504,022
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., 14 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 15, 2015 Date; April 23, 2015
In Bales
Punjab Sindh Pakistan Country Selling Buying Sight
Total Arrivals 10,889,463 3,974,500 14,863,963
Sales to TCP 59,200 35,700 94,900
” to Exporters 78,218 396,256 475,174 USA 101.40 101.20 100.99
” to Mills 10,542,435 3,410,628 13,953,063
Unsold Stocks as on 15-04-2015 340,826
Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.04.2015
2014-15 2013-14
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 10,889,463 3,974,500 14,863,963 9,630,656 3,760,132 13,390,788
Difference in bales 1,258,808 214,368 1,473,175
% 13.07 5.70 11.00
Flow during this fortnight 25,358 0 25,358
Sales to TCP 59,200 35,700 94,900
Sales to Exporters 78,218 396,956 475,174 120,198 273,556 393,754
Sales to Mills 10,542,435 3,410,628 13,953,063 9,138,195 3,298,023 12,436,218
Unsold stocks 340,826 560,816

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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