Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 20-08-2015

Karachi, August 20, 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.
                                                                                19.08.2015           Ex.Karachi
37.324 kg                   4,650             135              4,785
Equivalent                                                                        4,785                 NIL
40 kgs                      4,983             145              5,128              5,128                 NIL

Valid for the day established by the Rates Committee at 12:00 Noon.

The Grade and Staple Margins Charts and the percentage allowances for Micronaire blow:

GRADE                                                       S  T   A   P   L   E
                                               (for the period from August 20, 2015 to August 31, 2015)

                  31/32"                1                    1-132"              1-1/16"          1-3/32"               1-1/8"
            37.32kg - 40 kg     37.32kg - 40 kg        37.32kg - 40 kg     37.32kg - 40 kg   37.32kg - 40 kg      37.32kg - 40 kg
Super        N / A    N / A      N / A    N / A         + 200     214       + 300     322     + 400     429        + 500     536
1            N / A    N / A      N / A    N / A         + 100     107       + 200     214     + 300     322        + 400     429
2            N / A    N / A      N / A    N / A             0       0       + 100     107     + 200     214        + 300     322
3            N / A    N / A      N / A    N / A         - 100    -107             BASE        + 100     107        + 200     214
4            N / A    N / A      N / A    N / A         - 250    -268       - 150    -161      - 50     -54         + 50      54
5            N / A    N / A      N / A    N / A         N / A   N / A       N / A    N / A    N / A    N / A       N / A    N / A


All above margins are based on Micronaire value between 3.8 to 4.9 NCL for Grades Super, 1, 2, and 3 and Micronaire value between 3.5 to 4.9 NCL for Grades 4 and 5. Approval of Government for Grade Super and Micronaire value 3.8 to 4.9 NCL is awaited.
The discount on the basis of low or high Micronaire is stated below which is applicable in addition to the above mentioned margins:


                    Micronaire below 3.8 in           Percentage               Micronaire in             Percentage
                    Grades Super,1,2 and 3             Allowance               Excess of 4.9             Allowance
                     and Micronaire below 3.2
                       in Grades 4 and 5

                               0.1                        0.5                      0.1                      0.5
                               0.2                        1.0                      0.2                      1.0
                               0.3                        2.0                      0.3                      2.0
                               0.4                        3.0                      0.4                      3.0
                               0.5                        4.0                      0.5                      4.0

                                                            PART -II
                                                     (DOMESTIC TRANSACTION)
                                                     Dated; August 20, 2015
                                                          2014-2015 CROP

Bales     Station                     Rate              Bales           Station                       Rate
200       Golarchi                    4700              200             Mongi Bangal                  4725
1600      Sanghar                  4725/4750            200             kabri Wala                    4725
200       Matli                       4750              600             Gojra                       4725/4750
1000      Tando Adam                  4750              600             Bahawal Nagar               4725/4750
1000      Shahdad Pur                 4750              200             Hasli Pur                     4750
1000      Mir Pur Khas                4750              200             Shahir Sultan                 4750
400       Shor Kot                    4700              200             Burewala                      4750
200       Haroonabad                  4700              1000            Burewala                      4750
200       Jhang                       4700              200             Mian Chano                    4800

                                                           PART - III
                                                            (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES            PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 31-07-15            2013 - 2014            10,073           01-08-14 to 31-07-15           2013-14           10,170
01-08-14 to 31-07-15            2014 - 2015           645,740           01-08-14 to 31-07-15           2014-15          578,408
                                   Total:-            655,813                                           Total;-         588,578

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 May., 2015               157,996              Aug., 14 to May.,2015      13,370,188
June, 2015                         21,608              June, 2015                  1,357,000
                                  179,604              Total:-                    14,727,188

Source: Pakistan Bureau of Statistics

                      (ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
                      As on May 01, 2015 (Final)                                          Date; August 20, 2015
                                                 In Bales
                               Punjab             Sindh              Pakistan       Country     Selling    Buying       Sight
Total Arrivals              10,896,647         3,974,500           14,871,174
Sales to TCP                    59,200            35,700               94,900
" to Exporters                  78,218           396,956              474,174        USA         101.80    101.60       101.39
" to Mills                  10,604,062         3,469,133           14,073,195
Unsold Stocks as on 01-05-2015                                        227,905
Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.05.2015 (Final)

                                                            2014-15                                               2013-14
                                           PUNJAB            SINDH                TOTAL           PUNJAB           SINDH         TOTALTOTAL
Total Arrival:                           10,896,674        3,974,500            14,871,174       9,631,362       3,760,332       13,391,694
Difference in bales                       1,265,312          214,368             1,479,480
%                                             13,14             5.70                 11.05
Flow during this fortnight                    7,211                0                 7,211
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           78,218          396,956               475,174         123,826         275,556         339,382
Sales to Mills                           10,604,062        3,469,133            14,073,195       9,230,582                      12,584,496
Unsold stocks                                                                      227,905                                         407,816

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