Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 22-10-2013

Karachi, October 22, 2013 (PPI-OT):

                                                                     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.
                                                                             30.09.2013         Ex. Karachi
37.324 kg
                           6,900            155             7,055              7,055             NIL
Equivalent
40 kgs                     7,395            155             7,550              7,550             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 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: October 22, 2013
                                                     2013 - 2014 CROP 
Bales     Station                Rate               Bales    Station              Rate
400      Kandiaro                6900                400     Lodhran              6975
600      Khair Pur               6975                3600    Haroonabad        6975 /7000
1000     Upper Sindh          6950 / 6975            400     Faqir wall           6990
1000     Khair Pur(BCI)          7000                800     Layyah           7000 / 7050
1400     Upper Sindh(BCI)        7000                400     Kachi wala          7000
2000     Hasil Pur            6900 / 6975            400     Daran wala          7000
400      Garh mahraja            6900                800     Rajan Pur           7000
1000     maroot                  6925                400     Sheher Sultan       7025
1200     Bahawal Pur             6950                400     All Fur             7025
400      Mian Chano              6950                2400    Uch Sharif          7025
400      TobaTekSingh            6950                1800    Khanewal         7000 / 7050
400      Chichawatni             6950                1000    Sadiqabad           7050
1400     Ahmed Pur               6950                1000    Rahim yar Khan      7050
400      Jalal Pur               6975                2400    Mian wali           7100
400      Burewala                6975
                                                          PART - III
                                                           (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (MY 2013-14)                       CROP                 BALES       PERIOD- (MY 2013-14)               CROP             Bales
01-08-12 to 15-10-13                                                500
01-08-12 to 15-10-13                    2012 - 2013              49,920      01-08-12 to 15-09-13              2012-13           55,852
01-08-12 to 15-10-13                    2013 - 2014             173,100      01-08-12 to 15-09-13              2012-13           78,053
                                             Total:-            223,520                                               Total;-   133,905
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 2012-13)                        Qty. in MT           Month                           Bales
                                                                Aug, to July, 2013               12,881,436
August, 2013                                      9,076         Non Listed Mill Consumption       1,958,982

                             Total:-          417,825                        Total:-             14,840,418
                                                              Figure Revised
Source: Federal Bureau of Statistics                          Source: Textile Commissioner's Organization

(ARRIVAL CROP 2012-13)                                                               (COMPOSITE EXCHANGE RATES)
As on September 15, 2013                                                              Date; October 22, 2013
                                   In Bales
                     Punjab                     Sindh              Pakistan           Country    Selling   Buying     Sight
Total Arrivals       931,612                   1,493,505           3,684,289
Sales to TCP            -                         -                   -
"to Exporters         12,000                     123,600             135,600           USA       106.20    106.00     105.78
"to Mills           1,245,171                  1,715,635           2,960,806
Unsold Stocks as on 15-09-2013                                       587,883           Source:  National Bank of Pakistan
Source: PCGA
                                         SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.10.2013
                                                                   2013-14                                        2012-13
                                                       PUNJAB       SINDH          TOTAL           PUNJAB         SINDH             TOTAL
Total Arrival:                                      1,493,505     2,190,784       3,684,289        1,826,069       1,621,094        3,447,163
Difference in bales
% 
Flow during this fortnight                             -18.21        +35,14            6,88
Sales to TCP                                          -               -               -
Sales to Exporters                                     12,000       123,600         135,600            1,000          35,740           36,740
Sales to Mills                                      1,245,171     1,715,635       2,960,806        1,530,094       1,274,755        2,804,849
Unsold stocks                                                                       587,883                                           605,574

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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