Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 10-10-2013

Karachi, October 10, 2013 (PPI-OT):

                                                                     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.
                                                                             30.09.2013         Ex. Karachi
37.324 kg
                           6,950             155           7,105                7,105              Nil
Equivalent
40 kgs                     7,448             155           7,603                7,603              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: October 10, 2013
                            2013 - 2014 CROP
Bales      Station                 Rate              Bales        Station                    Rate
1000       Mirpurkhas              6400               400        Kabir Wala                  7000
600        Khipro                  6400               400        Pir Mehal                   7000
600        Tando Adam              6400               400        Layyah                      7025
600        Nawab Shah              6950               200        Sultan Pur                  7040
1000       Khair Pur           7000 / 7050            600        Rahim yar Khan              7050
1000       Khair Pur (BCI)         7100               400        Haroonabad                  7050
600        Upper Sindh         7000 / 7050            400        Chichawatni                 7050
600        Bahawal Pur             7000               400        Madrasa                     7050
600        Burewala                7000               400        Faqirwali                   7050
400        Bakhar                  7000               400        Lodhran                     7050
400        Jahanian                7000               400        Shujabad                    7050
400        Khanewal                7000               800        Fort Abbas                  7100
600        Vehari                  7000               400        Renala Khurd                7100

                                                          PART - III
                                                           (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (MY 2013-14)       CROP       BALES        PERIOD- (MY 2013-14)     CROP      Bales
01-08-13 to 07-10-13    2012 - 2013    49,920       01-08-13 to 07-10-13    2012-13    55,852
01-08-13 to 07-10-13    2013 - 2014   162,036       01-08-13 to 07-10-13    2013-14    74,733
               Total:-                211,956                    Total:-              130,585
Source: Trade Development Authority of Pakistan                              Source: Trade Development Authority of Pakistan

        PART -IV                                                                              PART - V
       (IMPORTS)                                                                 (Mills Consumption of Raw Cotton)
                                                                                      Cotton Season 2012-2013
PERIOD - (MY 2013-14)                        Qty. in MT           Month                           Bales
                                                                Aug, to July, 2013               12,881,436
August, 2013                                    9,076           Non Listed Mill Consumption       1,958,982
                                                                             Total:-             14,840,418
                                                              Figure Revised
Source: Federal Bureau of Statistics                          Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                            (COMPOSITE EXCHANGE RATES)
As on October 01, 2013                                                              Date; October 10, 2013
                                   In Bales
                       Punjab                      Sindh             Pakistan           Country    Selling   Buying     Sight
Total Arrivals       1,493,505                   2,190,784          3,684,289
Sales to TCP            -                         -                   -
"to Exporters           12,000                     123,600            135,600           USA         105.70    105.50    105.28
"to Mills            1,245,171                   1,715,635          2,960,806
Unsold Stocks as on 01-10-2013                                        587,883           Source:  National Bank of Pakistan
Source: PCGA
                                         SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01-10-2013
                                                     2013-14                             2012-13
                                        PUNJAB       SINDH        TOTAL        PUNJAB      SINDH     TOTAL
Total Arrival:                        1,493,505    2,190,784    3,684,289    1,826,069   1,621,094  3,447,163
Difference in bales
%                                        -18.21       +35.14         6.88
Flow during this fortnight              561,893      495,630    1,057,523
Sales to TCP                               -            -            -
Sales to Exporters                       12,000      123,600      135,600        1,000      35,740     36,740
Sales to Mills                        1,245,171    1,715,635    2,960,806    1,530,094   1,274,755  2,804,849
Unsold stocks                                                     587,883                             605,574

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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