Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 20-11-2013

Karachi, November 20, 2013 (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.
                                                                             19.11.2013         Ex.Karachi
37.324 kg
                           6,450            155             6,605              6,705               -100
Equivalent
40 kgs                     6,912            155             7,067              7,175               -108

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: November 20, 2013
                                                     2013 - 2014 CROP 
Bales    Station                Rate          Bales     Station            Rate
1000     Jhole                  6250           400     Kabirwala           6500
400      Sanghar                6250           400     Hasil Pur           6500
3000     Kha]r Pur (BCI)        6450           800     Fort Abbas        6500/6550
1000     Upper Sindh (BCI)    6450/6500        400     Jalal Pur           6550
400      Vehari                 6400          1000     Shujabad            6550
400      Arifwala               6425           800     Rahim Yar Khan      6550
800      Daran wala             6450          1000     Shehar Sultan       6575
2000     Haroonabad             6450          1800     Layyah              6600
600      Chistian               6450           400     Shah Jamal          6600
600      Bahawal Nagar          6450           600     Ali Pur             6600
1600     Faqirwali              6450           400     Chani Goth          6600
600      Khichiwala             6450          1400     Liaquat pur         6600
400      Bahawal Pur            6450           800     Khan Pur            6600
1000     Khanewal             6450/6650       1000     Mianwali            6650
400      Lodhran                6475          1000     Rajan Pur           6700
400      Yazman Mandi         6490/6500        800     Fazil Pur           6700

                                                          PART - III
                                                          (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (MY 2013-14)                       CROP                 BALES       PERIOD- (MY 2013-14)               CROP             Bales
01-08-13 to 23-10-13                    2011 - 2012                 500
01-08-13 to 23-10-13                    2012 - 2013              49,920      01-08-13 to 23-10-13              2012-13           55,852
01-08-13 to 23-10-13                    2013 - 2014             186,970      01-08-13 to 23-10-13              2013-14           89,202
                                             Total:-            237,390                                               Total;-   145,054
Source: Trade Development Authority of Pakistan                              Source: Trade Development Authority of Pakistan

        PART -IV                                                                      PART - V
       (IMPORTS)                                                          (Mills Consumption of Raw Cotton)
                                                                                Cotton Season 2012-2013
PERIOD - (MY 2013-14)                          Qty. in MT           Month                             Bales
August, 2013                                      9,076            Aug, to July, 2013               12,881,436
September, 2013                                   8,733            Non Listed Mill Consumption       1,958,982
                                                                                Total:-             14,840,418
                                                                 
Source: Federal Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2013                                                       Date; November 20, 2013
                                   In Bales
                       Punjab       Sindh       Pakistan           Country    Selling   Buying   Sight
Total Arrivals       6,204,334    3,313,796    9,518,130
Sales to TCP                 -            -            -
"to Exporters           50,270      186,450      236,720           USA         107.20   107.00   106.78
"to Mills            4,896,437    2,409,688    7,306,125
Unsold Stocks as on 15-11-2013                 1,975,285           Source:  National Bank of Pakistan
Source: PCGA
                                         SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.11.2013
                                                                   2013-14                                        2012-13
                                                       PUNJAB       SINDH          TOTAL           PUNJAB         SINDH             TOTAL
Total Arrival:                                      6,204,334     3,313,796     9,518,130        5,723,266       2,795,809        8,519,075
Difference in bales
%                                                       +8.41        +18.53        +11.73
Flow during this fortnight                          1,625,700       286,167     1,911,867
Sales to TCP                                                -             -             -
Sales to Exporters                                     50,270       186,450       236,720           20,688         122,040          142,728
Sales to Mills                                      4,896,437     2,409,688     7,306,125        4,600,611       2,059,052        6,659,663
Unsold stocks                                                                   1,975,285                                         1,716,684

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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