Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 18-02-2015

Karachi, February 18, 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.
                                                                                17.02.2015           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 18, 2015
                                                          2014-2015 CROP
Bales             Station                    Rate               Bales          Station                       Rate
200               Kotri                      4500               600            Burewala                  4700 / 5000
400               Mehrab Pur                 4750               400            Ali Pur                       5000
100               Rasoolabad                 4875               2000           Sadiqabad                 5000 / 5100
6000              Upper Sindh            5100 / 5200            1000           Rahim Yar Khan                5100
1000              Haroonabad             4700 / 4800            1000           Mian Chano                4800 / 5100
400               Faqir wali                 4800               600            Chani Goth                    5100
600               Fort Abbas             4875 / 5100            400            Jalal Pur                     5100
600               Vehari                 4700 / 4900            4000           Khan Pur                      5200
400               Yazman Mandi           4950 / 5050

                                                              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 15, 2015                                                                Date; February 18, 2015
                                         In Bales
                               Punjab                  Sindh              Pakistan         Country     Selling    Buying       Sight
Total Arrivals              10,639,320              3,954,576           14,593,896
Sales to TCP                    59,200                 35,700               94,900
" to Exporters                  71,881                391,281              463,162           USA        101.20    101.00       100.79
" to Mills                   9,737,373              3,200,650           12,938,023
Unsold Stocks as on 15-02-2015                                           1,097,811            Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.02.2015
                                                            2014-15                                             2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH                TOTAL
Total Arrival:                           10,639,320        3,954,576            14,593,896      9,493,662       3,748,495            13,242,157
Difference in bales                       1,145,658          206,081             1,351,739
%                                             12.07             5.50                 10.21
Flow during this fortnight                  139,223           19,471               158,694
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           71,881          391,281               463,162         98,842         254,527               353,369
Sales to Mills                            9,737,373        3,200,650            12,938,023      8,644,456       3,118,037            11,762,493
Unsold stocks                                                                    1,097,811                                            1,126,295

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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