Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 16-07-2014

Karachi, July 16, 2014 (PPI-OT):

                                                       CROP 213-214
                                                         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.
                                                                            15.07.214          Ex.Karachi
37.324 kg                   6,050            155           6,205                6,155             +50
Equivalent
40 kgs                      6,484            155           6,639                6,585             +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; July 16, 2014
                                                      2014 - 2015 NEW CROP

Bales                       Station                  Rate            Bales         Station                Rate
1200                        Sanghar             6125/6150            200           Sahiwal                6100
 600                        Tando Adam          6125/6150            200           Samandri               6125
 400                        MirPurKhas               6150            400           Haroonabad        6150/6175
 200                        Golarchi                 6150            400           Khanewal          6150/6175
 200                        Bahawal Pur              6100            600           Burewala          6150/6200

                                                                 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 April.,2014                                   227,535          Aug,to Feb.,2014            9,122,823
May,2014                                               10,919          March,2014                  1,325,882
                                                      238,454
                                                                                      Total:-     10,448,705
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final)                                                      Date; July 16, 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       98.50       98.30      98.10
"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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