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

Karachi, February 04, 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.
                                                                                03.02.2015           Ex.Karachi
37.324 kg                      4,750           150               4,900
Equivalent                                                                         4,900                NIL
40 kgs                         5,091           160               5,251             5,251                NIL

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; February 04, 2015
                                                          2014-2015 CROP
Bales             Station                 Rate               Bales          Station                 Rate
400               Mir Pur Khas            4050                200           Yazman Mandi            4700
200               Moro                    4600                400           Jalal Pur               4750
200               Sanghar (TCP)           4800                400           Haroonabad              4800
400               Khan Pur Mehar          4950               1000           Bahawal Pur          4800 / 5000
200               Dharan wala             4375               1600           Noor Pur             4800 / 5000
400               Hasil Pur               4500                400           Ali Pur                 4875
600               Vehari               4625 / 4875            200           Layyah                  4900
800               Burewala             4650 / 4800            400           Khanewal                4950
200               Multan                  4700               1400           Rahim Yar Khan          5000

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES       PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 15-01-15               2013 - 2014        10,073       01-08-14 to 15-01-15            2013-14          5,354
01-08-14 to 15-01-15               2014 - 2015       514,941       01-08-14 to 15-01-15            2014-15        364,597
                                   Total:-           525,014                                       Total;-        369,951
Authority of Pakistan                                            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 Oct., 2014                 39,486            Aug., to Oct.,2014        4,035,929
November, 2014                       8,462            November, 2014            1,332,141
                                    47,948            Total:-                   5,368,070

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

(ARRIVAL CROP 2014-15)                                                               (COMPOSITE EXCHANGE RATES)
As on February 01, 2015                                                                Date; February 04, 2015
                                     In Bales
                          Punjab                  Sindh            Pakistan         Country     Selling    Buying       Sight
Total Arrivals          10,500,097              3,935,105           14,435,202
Sales to TCP                59,200                 35,700               94,900
" to Exporters              68,338                378,008              446,346        USA        101.00    100.80       100.59
" to Mills               9,439,033              3,124,179           12,563,212
Unsold Stocks as on 01-02-2015                                       1,330,744          Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.02.2015
                                                            2014-15                                             2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH          TOTAL
Total Arrival:                           10,500,097        3,935,105            14,435,202      9,362,185       3,738,227     13,100,412
Difference in bales                       1,137,912          196,878             1,334,790
%                                             12.15            5.27                 10.19
Flow during this fortnight                  160,087           24,143               184,230
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           68,338          378,008               446,346         96,290         246,862        343,152
Sales to Mills                            9,439,033        3,124,179            12,563,212      8,398,975       3,063,901     11,462,876
Unsold stocks                                                                                   1,330,744                      1,294,384

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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