Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 04-08-2015

Karachi, August 04, 2015 (PPI-OT):
Quote

                                                     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.
                                                                                03.08.2015           Ex.Karachi
37.324 kg                   4,600             135              4,735
Equivalent                                                                        4,735                  NIL
40 kgs                      4,930             145              5,075              5,075                  NIL

Valid for the day established by the Rates Committee at 12:00 Noon.

The Grade and Staple Margins Charts and the percentage allowances for Micronaire blow 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; August 04, 2015
                                                          2014-2015 CROP

Bales     Station                     Rate              Bales           Station                       Rate
1000      Sanghar                 4450/4565             2000            Tando Adam                 4600/4650
1000      Mir Pur Khas            4500/4650             400             Chichawatni                4825/4900
1400      Hydeabad                4575/4600             400             Lodhran                       4875
400       Golarchi                4500/4525             200             Burewala                      4900
1200      Shahdad Pur             4550/5600             200             Sahiwal                       4900

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES            PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 31-07-15            2013 - 2014            10,073           01-08-14 to 31-07-15           2013-14           10,170
01-08-14 to 31-07-15            2014 - 2015           645,740           01-08-14 to 31-07-15           2014-15          578,480
                                   Total:-            655,813                                           Total;-         588,578

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 May., 2015             157,996            Aug., 14 to March.,2015    10,669,141
June, 2015                          21,680            April, 2015                 1,353,059
                                   179,604            Total:-                    12,022,200

Source: Pakistan Bureau of Statistics

                      (ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
                      As on May 01, 2015 (Final)                                          Date; August 04, 2015
                                                 In Bales
                               Punjab             Sindh              Pakistan       Country     Selling    Buying       Sight
Total Arrivals              10,896,647         3,974,500           14,871,174
Sales to TCP                    59,200            35,700               94,900
" to Exporters                  78,218           396,956              474,174        USA         101.80    101.60       101.39
" to Mills                  10,604,062         3,469,133           14,073,195
Unsold Stocks as on 01-05-2015                                        227,905
Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.05.2015 (Final)

                                                            2014-15                                               2013-14
                                           PUNJAB            SINDH                TOTAL           PUNJAB           SINDH                TOTAL
Total Arrival:                           10,896,674        3,974,500            14,871,174       9,631,362       3,760,332            13,391,694
Difference in bales                       1,265,312          214,368             1,479,480
%                                             13,14             5.70                 11.05
Flow during this fortnight                    7,211                0                 7,211
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           78,218          396,956               475,174         123,826         275,556               399,382
Sales to Mills                           10,604,062        3,469,133            14,073,195       9,230,582       3,353,914            12,584,496
Unsold stocks                                                                      227,905                                               407,816

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