Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 11-08-2014

Karachi, August 11, 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.
09.08.2014 Ex.Karachi
37.324 kg 5,300 150 5,450 5,400 +50
Equivalent
40 kgs 5,680 160 5,840 5,786 +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.

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.

GRADE AND STAPLE MARGINS
(for the period from July 01, 2014 to July 31, 2014)
STAPLE
GRADE
31/32″ 1″ 1-1/32″ 1-1/16″ 1-3/32″ 1-1/8″
37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg
Super – 50 – 54 – 0 0 +50 – 54 + 150 + 161 + 250 268 + 350 375
1 – 100 – 107 – 50 – 54 – 0 – 0 + 100 + 107 + 200 214 + 300 322
2 – 150 – 161 – 100 -107 -50 – 54 + 50 + 54 + 150 161 + 250 268
3 -200 – 214 -150 -161 -100 -107 BASE + 100 107 + 200 214
4 -300 – 322 -200 -214 -150 – 161 – 100 – 107 0 0 + 100 107
5 -350 – 375 -250 -268 -200 -214 – 150 – 161 -50 -54 + 50 54

All above margins are based on Micronaire value between 3.8 to 4.9 NCL for Grades Super, 1, 2, and 3 and Micronaire value between 3.5 to 4.9 NCL for Grades 4 and 5.

Approval of Government for Grade Super and Micronaire value 3.8 to 4 9 NCL is awaited.

The discount on the basis of low or high Micronaire is stated below which is applicable in addition to the above mentioned margins:

Micronaire below 3.8 in Percentage Micronaire in Percentage
Grades Super,1,2 and 3 Allowance Excess of 4.9 Allowance
and Micronaire below 3.5
in Grades 4 and 5
0.1 0.5 0.1 0.5
0.2 1.0 0.2 1.0
0.3 2.0 0.3 2.0
0.4 3.0 0.4 3.0
0.5 4.0 0.5 4.0
4.0 0.5 4.0

PART -II
(DOMESTIC TRANSACTION)
Dated; August 11, 2014
2014-2015-CROP

Bales Station Rate Bales Station Rate
1200 Hyderabad 5300 400 Gagga Mandi 5400/5500
1600 MIr Pur Khas 5300/5325 600 Haroonabad 5450/5500
2000 SanGhar 5300/5350 800 Burewala 5450/5500
1600 Shahdad Pur 5300/5375 600 Chichawatni 5450/5500
1400 Tando Adam 5300/5400

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 30-06-14 2011 – 2012 500
01-08-13 to 30-06-14 2012 – 2013 51,580 01-08-13 to 30-06-14 2012-13 58,370
01-08-13 to 30-06-14 2013 – 2014 618,875 01-08-13 to 30-06-14 2013-14 479,768
Total;- 670,955 Total;- 538,138
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 May.,2014 238,454 Aug,to April.,2014 11,775,763
June,2014 15,850 May,2014 1,3287,824
254,304
Total:- 13,104,587
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final) Date; August 11,2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,631,362 3,760,332 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 (Final)
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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