Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 06-02-2015

Karachi, February 06, 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.
                                                                                04.02.2015           Ex.Karachi
37.324 kg                      4,850           150               5,000
Equivalent                                                                         4,900               + 100
40 kgs                         5,198           160               5,358             5,251               + 107

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 06, 2015
                                                          2014-2015 CROP
Bales             Station                 Rate               Bales          Station                 Rate
600               Pano Aqil               5000               600            Yazman Mandi            5050
400               Vehari                  4625               600            Ahmed Pur               5050
200               Multan                  4700               600            Lodhran                 5050
400               Chichawatni             4700              3000            Bahawal Pur             5050
400               Fort Abbas          4700 / 4775           2000            Sadiqabad           5050 / 5100
400               Hasil Pur               4850              4500            Rahim Yar Khan      5000 / 5100
400               Bakhar                  4950              5000            Khan Pur            5050 / 5100
1000              Mian wali               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 06, 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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