Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 08-04-2014

Karachi, April 08, 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.
07.04.2014 Ex.Karachi
37.324 kg 6 ,550 155 6,705 6,705 -NIL
Equivalent
40 kgs 7 ,020 155 7,175 7,175 -NIL

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: April 08,2014
2013 – 2014 CROP
Bales Station Rate Bales Station Rate
200 Fort Abbas 6360 200 – Hasal Pur 6560
480 Yazman Mandi 6435 400 Shahir Sultan 6600
100 Haroonabad 6450 1000 Sadiqahad 6600
2000 Rahim Yar Khan 6500

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 31-03-14 2011 – 2012 500
01-08-13 to 31-03-14 2012 – 2013 51,580 01-08-13 to 31-03-14 2012-13 58,370
01-08-13 to 31-03-14 2013 – 2014 552,648 01-08-13 to 31-03-14 2013-14 349,939
Ttal:- 604,728 Total;- 408,309
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 Jan.,2014 123,693 Aug,to Nov.,2013 3,945,882
Febuary,2014 47,305
170,998 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 April 01, 2014 Date; April 08, 2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,625,703 3 ,760,132 13,385,835 Country Selling Buying Sight
Sales to TCP – – –
“to Exporters 111,250 270,756 382,006 USA 98.00 97.80 97.64
“to Mills 9,051,063 3 ,256,203 12,307,266
Unsold Stocks as on 01-04-2014 696,563 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.04.2014
2013-14 2012-13
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,625,703 3 ,760,132 13,385,835 9,484,261 3,403,767 12,888,028
Difference in bale
% + 1.49 + 10.47 + 3.86
Flow during this fortnight 11,408 4,800 16,208
Sales to TCP – – –
Sales to Exporters 111,250 270,756 382,006 200,225 143,378 343,603
Sales to Mills 9,051,063 3,256,203 12,307,266 8,786,649 3,064,585 11,851,234
Unsold stocks 696,563 693,191

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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