Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 03-07-2014

Karachi, July 03, 2014 (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.
                                                                            02.07.2014         Ex.Karachi
37.324 kg                   6,350            155           6,505                6,455              +50
Equivalent
40 kgs                      6,805            155           6,960                7,907              +53

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 Microaire 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; July 03, 2014
                                                      2014 - 2015 NEW CROP

Bales           Station                         Rate                    Bales         Station                  Rate
400             Khipro                          6350                    400           Burewala                 6500
400             Shahdad Pur                     6400
                                                          PART - III
                                                            (EXPORTS)
Registration:-                                                           Shipments:-
PERIOD - (MY 2013-14)                       CROP              BALES      PERIOD- (MY 2013-14)           CROP           Bales
01-08-13 to 07-06-14                      2011 - 2012           500
01-08-13 to 07-06-14                      2012 - 2013        51,580      01-08-13 to 07-06-14          2012-13        58,370
01-08-13 to 07-06-14                      2013 - 2014       617,555      01-08-13 to 07-06-14          2013-14       467,857
                                               Total;-      669,635                                     Total;-      526,227
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 April.,2014                                   227,535          Aug,to Feb.,2014            9,122,823
May,2014                                               10,919          March,2014                  1,325,882
                                                      238,454
                                                                                      Total:-     10,448,705
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final)                                                      Date; July 03, 2014
                                        In Bales
                        Punjab           Sindh        Pakistan
Total Arrivals         9,631,362        3,760,332     13,391,694           Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters            123,826          275,556        399,382             USA       98.50       98.30     98.10
"to Mills              9,230,582        3,353,914     12,584,496
Unsold Stocks as on 01-05-2014                           407,816       Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014 (Final)
                                                         2013-14                                     2012-13 
                                          PUNJAB         SINDH           TOTAL          PUNJAB         SINDH          TOTAL
Total Arrival:                           9,631,362     3,760,332       13,391,694       9,508,418    3,407,167    12,915,585
Difference in bales
%                                             1.29         10.37             3.69
Flow during this fortnight                     706           200              906
Sales to TCP                                   -             -                 -
Sales to Exporters                         123,826       275,556          399,382         207,967      145,378       353,345
Sales to Mills                           9,230,582     3,353,914       12,584,496       9,051,051    3,111,270    12,162,321
Unsold stocks                                                             407,816                                    399,919

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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