Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 15-04-2015

Karachi, April 15, 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.
                                                                                14.04.2015           Ex.Karachi
37.324 kg                    5,300            150             5,450
Equivalent                                                                         5,450                NIL
40 kgs                       5,680            160             5,840                5,840                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 15, 2015
                                                          2014-2015 CROP

Bales     Station                     Rate         Bales     Station                     Rate
600       Daur                        4850          600      Faqir wali                  5285
600       Ghotki                      5500          500      Hasil Pur                   5300
400       Jalal Pur                   4900         1000      Kabbir wala                 5500
800       Fort Abbas               5100 / 5200      400      Yazman Mandi                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 15, 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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