Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees

Karachi, September 24, 2013 (PPI-OT):

                                                                     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.
                                                                              19.09.2013         Ex. Karachi
37.324 kg
                           6,900            155             7,055
                                                                                7,055             NIL
Equivalent
                           7,395            155             7,550
40 kgs                                                                          7,550             NIL

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: September 24, 2013
                                                     2013 - 2014 CROP
Bales     Station              Rate                Bales     Station              Rate
1200    Shahdad Pur        6950 / 7000             200      Pir Mehal             7000
1000    Tando Adam          6950 / 7000             200     Hasil Pur             7000
1000    Sanghar            6925 / 6950             200      Chistian              7000
1200    Mir Pur Khas            6950                1200    BahawalNagar      7050 / 7100
1000    Nawab Shah              7000                400     Fort Abbas            7075
400     Hyderabad               6950                1200    Haroonabad        7050 / 7100
400     Sakrand                 7000                200     Garah Mor             7050
400     Daur                    7000                1000    Khanewal              7050
400     Vindar                  7000                200     Chichawatni           7100
1200    Khair Pur           7050 / 7100             2000    Burewala          7050 / 7100
400     Maroot                  6990                800     Bakhar            7100 / 7150
400     Faqir wali              6990                200     Khichi Wala           7100
200     Kabbir wala             7000                600     Mian wali             7150

                                                          PART - III
                                                           (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (MY 2013-14)                       CROP                 BALES       PERIOD- (MY 2013-14)               CROP             Bales
01-08-12 to 15-09-13                    2012 - 2013              43,830      01-08-12 to 15-09-13              2012-13           46,184
01-08-12 to 15-09-13                    2013 - 2014              99,174      01-08-12 to 15-09-13                                49,746
                                             Total:-            143,004                                               Total;-    95,930
Source: Trade Development Authority of Pakistan                              Source: Trade Development Authority of Pakistan

        PART -IV                                                                              PART - V
       (IMPORTS)                                                                 (Mills Consumption of Raw Cotton)
                                                                                      Cotton Season 2012-2013
PERIOD - (MY 2012-13)                        Qty. in MT           Month                       Bales
Aug, to June, 2013                            402,443         Aug, to July, 2013          12,881,436
July, 2013                                     15,382         Non Listed Mill Consumption  1,958,982
                             Total:-          417,825                        Total:-      14,840,418
                                                              Figure Revised
Source: Federal Bureau of Statistics                          Source: Textile Commissioner's Organization

(ARRIVAL CROP 2012-13)                                                               (COMPOSITE EXCHANGE RATES)
As on September 15, 2013                                                              Date; September 24, 2013
                                   In Bales
                     Punjab                     Sindh              Pakistan           Country    Selling   Buying     Sight
Total Arrivals       931,612                   1,695,154           2,626,766
Sales to TCP            -                         -                   -
"to Exporters          9,000                      97,086             106,086           USA       105.50    105.30     105.08
"to Mills            828,365                   1,383,307           2,211,672
Unsold Stocks as on 15-09-2013                                       309,006           Source:  National Bank of Pakistan
Source: PCGA
                                         SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.09.2013
                                                                   2013-14                                        2012-13
                                                       PUNJAB       SINDH          TOTAL           PUNJAB         SINDH             TOTAL
Total Arrival:                                        931,612     1,695,154      2,626,766        Date was not collected last year
Difference in bales
% 
Flow during this fortnight                            287,255       613,658        900,913
Sales to TCP                                                -            -               -
Sales to Exporters                                      9,000        97,086         106,086
Sales to Mills                                        828,365     1,383,307       2,211,672
Unsold stocks                                                                       309,008

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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