Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 02-04-2015

Karachi, April 02, 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.
                                                                                01.04.2015           Ex.Karachi
37.324 kg                    5,200             150               5,350
Equivalent                                                                         5,300               + 50
40 kgs                       5,573             160               5,733             5,679               + 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 02, 2015
                                                          2014-2015 CROP
Bales     Station                     Rate               Bales          Station                       Rate
200       Multan                      5000                200           Burewala                      5300
400       Fort Abbas                  5050                500           Shahir Sultan              5300 / 5400
800       Faqir wali                  5100               1600           Khan Pur                      5375
600       Rahim Yar Khan (BCI)        5275                400           Ali Pur                       5400
400       Uch Sharif                  5300                200           Uch Sharif (Conditional)      5475

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES            PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 15-03-15           2013 - 2014             10,073           01-08-14 to 15-03-15           2013-14           10,170
01-08-14 to 15-03-15           2014 - 2015            568,529           01-08-14 to 15-03-15           2014-15          478,736
                                   Total:-            578,602                                           Total;-         488,906
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., to Nov.,2014          5,368,070
                                                      December, 2014              1,309,741
February, 2015                    17,540              January, 2015               1,326,153
                                  78,902              Total:-                     8,003,964

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

                      (ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
                       As on March 15, 2015                                            Date; April 02, 2015
                                         In Bales
                               Punjab             Sindh              Pakistan         Country     Selling    Buying       Sight
Total Arrivals              10,814,772          3,971,023            14,785,795
Sales to TCP                    59,200             35,700                94,900
" to Exporters                  77,781            395,556               473,337         USA        101.70    101.50       101.29
" to Mills                  10,239,051          3,333,521            13,572,572
Unsold Stocks as on 15-03-2015                                          644,986
Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.03.2015
                                                            2014-15                                              2013-14
                                           PUNJAB            SINDH                 TOTAL          PUNJAB           SINDH                TOTAL
Total Arrival:                           10,814,772        3,971,023             14,785,795     9,614,295        3,755,332           13,369,627
Difference in bales                       1,200,477          215,691              1,416,168
%                                            12.49             5.74                  10.59
Flow during this fortnight                   73,106            6,836                 79,942
Sales to TCP                                 59,200           35,700                 94,900
Sales to Exporters                           77,781          395,556                473,337       106,517          263,156             369,673
Sales to Mills                           10,239,051        3,333,521             13,572,572     8,941,222        3,207,412           12,148,634
Unsold stocks                                                                                     644,986          851,320

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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