Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 10-04-2015

Karachi, April 10, 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.
                                                                                09.04.2015           Ex.Karachi
37.324 kg                    5,250            150             5,400
Equivalent                                                                         5,400               NIL
40 kgs                       5,626            160             5,786                5,786               NIL

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; April 10, 2015
                                                          2014-2015 CROP
Bales     Station                     Rate               Bales          Station                       Rate
200       Jhole                       3875                1000          Dharki                        5500
600       Sanghar                     4200                 400          Bahawal Pur                   5025
200       Khadro                      4400                1000          Haroonabad                 5200 / 5300
400       Tando Adam                  4900                 400          Yazman Mandi                  5225
1000      Ghotki                      5400                2000          Bahawal Pur                5400 / 5500

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES            PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 31-03-15            2013 - 2014            10,073           01-08-14 to 31-03-15          2013-14            10,170
01-08-14 to 31-03-15            2014 - 2015           572,881           01-08-14 to 31-03-15          2014-15           490,205
                                   Total:-            582,954                                           Total;-         500,375
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 Jan., 2015            61,362              Aug., 14 to Jan.,2015       8,003,964
February, 2015                    17,540              February, 2015              1,318,471
                                  78,902              Total:-                     9,322,435

Source: Pakistan Bureau of Statistics

                      (ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
                       As on April 01, 2015                                            Date; April 10, 2015
                                         In Bales
                               Punjab             Sindh              Pakistan         Country     Selling    Buying       Sight
Total Arrivals              10,864,105          3,974,500           14,838,605
Sales to TCP                    59,200             35,700               94,900
" to Exporters                  77,835            396,256              474,091          USA       101.60     101.40       101.19
" to Mills                  10,442,294          3,378,401           13,820,695
Unsold Stocks as on 01-04-2015                                         448,919 
Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.04.2015

                                                            2014-15                                              2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH                TOTAL
Total Arrival:                          10,864,105         3,974,500           14,838,605       9,625,703       3,760,132           13,385,835
Difference in bales                      1,238,402           214,368            1,452,770
%                                           12.87              5.70                10.85
Flow during this fortnight                  49,333             3,477               52,810
Sales to TCP                                59,200            35,700               94,900
Sales to Exporters                          77,835           396,256              474,091         111,250         270,756              382,006
Sales to Mills                          10,442,294         3,378,401           13,820,695       9,051,063       3,256,203           12,307,266
Unsold stocks                                                                                     448,919         696,563

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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