Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 04-03-2014

Karachi, March 04, 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.
03.03.2014 Ex.Karachi
37.324 kg 6,800 155 6,955 7,005 -50
Equivalent 40 kgs 7,288 155 7,443 7,496 -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 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: March 04, 2014
2013-2014CR0P

Bales Station Rate Bales Station Rate
400 Faqir wali 6800

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 28-02-14 2011 – 2012 500
01-08-13 to 28-02-14 2012 – 2013 51,580 01-08-13 to 28-02-14 2012-13 58,370
01-08-13 to 28-02-14 2013 – 2014 494,749 01-08-13 to 28-02-14 2013-14 280,917
Total:- 546,829 Total:- 339,287
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 Dec.,2013 61,054 Aug,to Nov.,2013 3,945,882
January,2014 62,639
123,693 December,2013 1,000,000
Total:- 4,945,882
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on March 01, 2014 Date; March 04, 2014
In Bales
Punjab Sindh Pakistan Country Selling Buying Sight
Total Arrivals 9,575,135 3,753,532 13,328,667
Sales to TCP – – –
“to Exporters 102,838 260,556 363,394 USA 104.90 104.70 104.48
“to Mills 8,806,608 3,159,691 11,966,299
Unsold Stocks as on 01-03-2014 998,974 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.03.2014
2013-14
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,575,135 3,753,532 13,328,667 9,375,849 3,387,808 12,763,657
Difference in bales
% +2.13 +11.80 +4.43
Flow during this fortnight 81,473 5,037 86,510
Sales to TCP – – –
Sales to Exporters 102,838 260,556 363,394 166,096 143,178 309,274
Sales to Mills 8,806,608 3,159,691 11,966,299 8,342,069 2,948,167 11,290,236
Unsold stocks 998,974 1,164,147

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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