Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 11-09-2014

Karachi, September 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.
                                                                            10.09.2014         Ex.Karachi
37.324 kg                   5,600            150           5,750                5,750           NILL
Equivalent
40 kgs                      6,002            160           6,162                6,162           NILL

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: September 11, 2014
                                                         2014-2015-CROP
Bales                     Station                 Rate             Bales     Station             Rate
1000                      Sanghar                    5650           200      Duniya Pur             5750
1000                      Mir Pur Khas          5650/5675           600      Chichawatni            5750
1000                      Shahdad Pur           5650/5675           200      ArifWala               5750
1200                      TandoAdam             5650/5675           400      Haroonabad             5750
 400                      Kotri                      5650           400      Burewala               5750
 200                      Lodhran                    5700           200      Mian Chano             5750
 200                      Renala Khurd               5750           800      Khanewal          5750/5775
 200                      Bahawal Pur                5750           600      Kabir wala        5750/5775

                                                              PART - III
                                                               (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2013-14)            CROP               BALES          PERIOD- (MY 2013-14)           CROP           Bales
01-08-13 to 31-07-14            2011 - 2012           500
01-08-13 to 31-07-14            2012 - 2013        51,580          01-08-13 to 31-07-14          2012-13        58,370
01-08-13 to 31-07-14            2013 - 2014       624,215
                                2014 - 2015        12,843          01-08-13 to 31-07-14          2013-14       479,768
                                       Total;-    689,138                                        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 June.,2014                                      254,304          Aug,to May,2014           13,112,650
July,2014                                                 6,335          June, 2014                 1,295,541
                                                        260,639
                                                                                           Total:-    14,408,191
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on September 01, 2014                                                     Date; September 11,2014
                                        In Bales
                        Punjab           Sindh        Pakistan
Total Arrivals         810,316          951,966        1,762,282          Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters                            56,875           56,875           USA      101.80      101.60     101.39
"to Mills              728,387          795,467        1,523,854
Unsold Stocks as on 01-09-2014                           181,553         Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.09.2014
                                                        2013-14                                  2012-13
                                          PUNJAB         SINDH            TOTAL       PUNJAB       SINDH       TOTAL
Total Arrival:                           810,316        951,966          1,762,282    644,357    1,081,496    1,725,853
Difference in bales
%                                          25.76         -11.98               2.11
Flow during this fortnight               810,316        951,966          1,762,282
Sales to TCP                                 -             -                -
Sales to Exporters                           -           56,875             56,875      5,400       64,254       69,654
Sales to Mills                           728,387        795,467          1,523,854    550,810      884.959    1,435,769
Unsold stocks                                                              181,553                              220,430

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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