Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 17-02-2015

Karachi, February 17, 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.
                                                                                16.02.2015           Ex.Karachi
37.324 kg                      4,900           150               5,050
Equivalent                                                                         5,050                NIL
40 kgs                         5,251           160               5,411             5,411                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; February 17, 2015
                                                          2014-2015 CROP
Bales             Station                    Rate               Bales          Station                       Rate
 390              Tando Adam                 4200                400           Yazman Mandi                  4950
 456              Setharaja                  4500                400           Jalal Pur                     4950
 400              Rohri                      4700                200           Jahanian                      4950
 400              Shahdad Pur                4800                400           Dera Ghazi Khan               5000
1784              Dadu                       4825                200           Multan                        5000
 400              Khan Pur Mehar             5000                600           Shujabad                      5000
 400              Ghotki                     5000                500           Khanewal                      5050
 200              Lodhran                    4400               2000           Rahim Yar Khan            5050 / 5100
 400              Hasil Pur                  4700                400           Ali Pur                       5100
 400              Haroonabad                 4750                800           Rajan Pur                     5100
 200              Maroot                     4810               3000           Sadiqabad                     5100
 500              Burewala                   4850                400           Mian wali                     5100

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES       PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 07-02-15               2013 - 2014        10,073       01-08-14 to 07-02-15            2013-14          5,354
01-08-14 to 07-02-15               2014 - 2015       542,815       01-08-14 to 07-02-15            2014-15        415,715
                                   Total:-           552,888                                       Total;-        421,069
Authority of Pakistan                                            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., to Nov., 2014                 39,486            Aug., to Oct.,2014        4,035,929
December, 2014                       8,462            November, 2014            1,332,141
                                    47,948            Total:-                   5,368,070

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                               (COMPOSITE EXCHANGE RATES)
As on February 01, 2015                                                                Date; February 17, 2015
                                     In Bales
                          Punjab                  Sindh            Pakistan         Country     Selling    Buying       Sight
Total Arrivals          10,500,097              3,935,105           14,435,202
Sales to TCP                59,200                 35,700               94,900
" to Exporters              68,338                378,008              446,346        USA        101.20    101.00       100.79
" to Mills               9,439,033              3,124,179           12,563,212
Unsold Stocks as on 01-02-2015                                       1,330,744          Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.02.2015
                                                            2014-15                                             2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH          TOTAL
Total Arrival:                           10,500,097        3,935,105            14,435,202      9,362,185       3,738,227     13,100,412
Difference in bales                       1,137,912          196,878             1,334,790
%                                             12.15            5.27                 10.19
Flow during this fortnight                  160,087           24,143               184,230
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           68,338          378,008               446,346         96,290         246,862        343,152
Sales to Mills                            9,439,033        3,124,179            12,563,212      8,398,975       3,063,901     11,462,876
Unsold stocks                                                                                   1,330,744                      1,294,384

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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