Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 18-04-2014

Karachi, April 18, 2014 (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.
                                                                              17.04.2014         Ex.Karachi
37.324 kg                  6 ,400            155           6,555                 6,555             -NIL
Equivalent   
40 kgs                     6 ,859            155           7,014                 7,014             -NIL

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 Microaire 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 IRANSACTION)
                                    Dated; April 18,2014
                                      2013-2014 CROP
Bales      Station           Rate                        Bales      Station        Rate
200        Ghotki            5800                         400       Madrasa        6450
400        Hasil Pur         6400                                            

                                                       PART - III
                                                        (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2013-14)              CROP              BALES      PERIOD- (MY 2013-14)           CROP           Bales
01-08-13 to  15-04-14           2011 - 2012            500 
01-08-13 to  15-04-14           2012 - 2013         51,580      01-08-13 to  15-04-14         2012-13       58,370
01-08-13 to  15-04-14           2013 - 2014        575,403      01-08-13 to  15-04-14         2013-14      405,318
                                  Total:-          627,483                                    Total;-      463,688
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 Jan.,2014                  123,693          Aug,to Dec.,(Revised)          6,504,706
Febuary,2014                        47,305          January,2014                   1,320,588     
                                   170,998          February,2014                  1,297,529
                                                                    Total:-        9,122,823
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

                      (ARRIVAL CROP 2013-14)                                                 (COMPOSITE EXCHANGE RATES)
                       As on April 15, 2014                                                      Date; April 18, 2014
                                    In Bales
                           Punjab           Sindh        Pakistan
Total Arrivals           9,630,656        3,760,132     13,390,788        Country       Selling        Buying          Sight
Sales to TCP                   -                -             -
"to Exporters              120,198          273,556        392,754          USA         96.20           96.00          95.84
"to Mills                9,138,195        3,298,023     12,436,218
Unsold Stocks as on 15-04-2014                             560,816          Source:  National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.04.2014
                                                         2013-14                                  2012-13

                                           PUNJAB        SINDH           TOTAL          PUNJAB         SINDH           TOTAL
Total Arrival:                           9,630,656    3,760,132       13,390,788      Data was not collected last year as on 15-04-2013
Difference in bales
%                                           
Flow during this fortnight                  4,953             0            4,953
Sales to TCP                                 -             -               -
Sales to Exporters                         120,198      273,556          393,754
Sales to Mills                           9,138,195    3,298,023       12,436,218
Unsold stocks                                                            560,816

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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