Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 06-05-2014

Karachi, May 06, 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.
                                                                            05.05.2014          Ex.Karachi
37.324 kg                  6 ,550            155           6,705                 6,655             +50
Equivalent   
40 kgs                     7 ,020            155           7,175                 7,121             +54

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 IRANSACTION)
                                              Dated; May 06,2014
                                               2013-2014 CROP
Bales        Station                  Rate                           Bales           Station              Rate
200          Ghotki                   6600                            200            Mamoo Kanjan         6600
400          Burewala                 5800                            400            Rajan Pur            6600
900          Fad Abbas                6300                            200            Multan               6600
600          Tonsa Sharif             6300                           1000            Rahim Yar khan       6600 /6650
200          Madrassa                 8500                           4000            Sadiqabad            6600 /6700
200          Ahmed Pur                6500                            200            Dera Ghazi Khan      6700

                                            SINDH NEW CROP 2014-2015
Bales        Station                  Rate
200          Sanghar                  6400 (First week of July 2014)

                                                             PART - III
                                                             (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2013-14)                       CROP              BALES      PERIOD- (MY 2013-14)           CROP           Bales
01-08-13 to  15-04-14                     2011 - 2012            500 
01-08-13 to  15-04-14                     2012 - 2013         51,580      01-08-13 to  15-04-14         2012-13       58,370
01-08-13 to  15-04-14                     2013 - 2014        575,403      01-08-13 to  15-04-14         2013-14      405,318
                                            Total:-          627,483                                    Total;-      463,688
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 Feb.,2014                                170,998           Aug,to Feb.,2014              9,122,823
March,2014                                        36,897           March,2014                    1,325,882
                                                 207,895                           
                                                                                     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; May 06, 2014
In Bales
                        Punjab           Sindh        Pakistan
Total Arrivals         9,631,362        3,760,132     13,391,694        Country       Selling        Buying          Sight
Sales to TCP                   -                -             -
"to Exporters            123,826          275,556        399,382          USA          98.70         98.50           98.30
"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
                                                         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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