Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 13-12-2013

Karachi, December 13, 2013 (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.
                                                                             10.12.2013         Ex.Karachi
37.324 kg
                            6,500            155             6,655
                                                                                6,605             + 50
Equivalent
                            6,966            155             7,121
40 kgs                                                                          7,067             + 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.

                                                   PART - II
                                             (DOMESTIC TRANSACTION)
                                            Dated: December 13, 2013
                                               2013 - 2014 CROP
Bales            Station                   Rate                 Bales            Station                                 Rate
400              Khair Pur                 6400                  400             Ali Pur                                 6475
400              Duniya Pur                6400                  400             Shujabad                                6500
1600             Faqir Wali                6450                  400             Jalal Pur                               6500
400              Hasil Pur                 6450                 1200             Haroonabad                              6500
400              Vehari                    6450                 1000             Yazman Mandi                            6500
600              Fort Abbas             6450 / 6500             1000             Sadiqabad                            6650 / 6700
1000             Maroot                    6450                 2000             Rahim yar Khan                       6650 / 6700
600              Khanewal                  6450                  600             Mian wali                               6750
400              Jhang                     6475

                                                      PART - III
                                                      (EXPORTS)
Registration:-                                               Shipments:-
PERIOD - (MY 2013-14)             CROP            BALES       PERIOD- (MY 2013-14)         CROP            Bales
01-08-13 to 23-10-13         2011 - 2012            500      01-08-13 to 23-10-13         2012-13         55,852
01-08-13 to 23-10-13         2012 - 2013         49,920      01-08-13 to 23-10-13         2013-14         89,202
01-08-13 to 23-10-13         2013 - 2014        186,970                                   Total;-        145,054
                                  Total:-       237,390
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 Sept., 2013                             17,809            Aug, to July, 2013               12,881,436
October, 2013                                     9,336            Non Listed Mill Consumption       1,958,982
                                                 27,145                         Total:-             14,840,418
Source: Pakistan Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                      (COMPOSITE EXCHANGE RATES)
As on December 01, 2013                                                       Date; December 13, 2013
                                   In Bales
                       Punjab           Sindh       Pakistan           Country    Selling   Buying    Sight
Total Arrivals        7,565,861       3,479,480   11,045,341
Sales to TCP                  -              -             -
"to Exporters            69,950         204,424      274,374           USA         107.10   106.90   106.68
"to Mills             6,154,885       2,574,251    8,729,136
Unsold Stocks as on 01-12-2013                     2,041,831           Source:  National Bank of Pakistan
Source: PCGA
                                 SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.12.2013
                                                2013-14                                     2012-13
                                   PUNJAB        SINDH        TOTAL            PUNJAB        SINDH          TOTAL
Total Arrival:                   7,565,861     3,479,480   11,045,341        6,605,379      2,977,181     9,582,560
Difference in bales
%                                   +14.54        +16.87       +15.27
Flow during this fortnight       1,361,527       165,684    1,527,211
Sales to TCP                             -             -            -
Sales to Exporters                  69,950       204,424      274,374           33,300        126,440       159,740
Sales to Mills                   6,154,885     2,574,251    8,729,136        5,395,499      2,254,874     7,650,373
Unsold stocks                                               2,041,831                                     1,772,447

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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