Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 24-03-2014

Karachi, March 24, 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.
22.03.2014 Ex.Karachi
37.324 kg 6 ,550 155 6,705 6,755 -50
Equivalent
40 kgs 7 ,020 155 7,175 7,228 -53

Valid for the day established by the Rates Committee at 12:00 Noon.
Grade and Staple Margins are notified below:

GRADE AND STAPLE MARGINS
(for the period from March 17, 2014 to March 31, 2014)
STAPLE
GRADE
31/32″ 1″ 1-1/32″ 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 – 500 – 536 – 425 – 455 – 350 – 375 + 150 + 161 + 350 + 375 + 475 + 509
1 – 575 – 616 – 500 – 536 – 400 – 429 + 100 + 107 +275 + 295 + 400 + 429
2 – 650 – 697 – 550 – 589 – 450 – 482 + 50 + 54 + 200 + 214 + 325 + 348
3 – 725 – 777 – 625 – 670 – 525 – 563 BASE + 150 + 161 + 250 + 268
4 – 875 – 938 – 775 – 831 – 675 – 723 – 150 – 161 + 50 + 54 + 150 + 161
5 – 975 – 1045 – 875 – 938 – 775 – 831 – 200 – 214 – 50 ‘- 54 + 50 + 54

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
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 3.5
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: March 24, 2014

2013 – 2014 CROP
Bales Station Rate Bales Station Rate
500 Chistian (Exporter) 6500 500 Faqir Wali 6550
(Exporter)

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 15-03-14 2011 – 2012 500
01-08-13 to 15-03-14 2012 – 2013 51,580 01-08-13 to 15-03-14 2012-13 58,370
01-08-13 to 15-03-14 2013 – 2014 536,393 01-08-13 to 15-03-14 2013-14 299,704
Total:- 588,473 Total;- 358,074
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 Dec.,2013 61,054 Aug,to Nov.,2013 3,945,882
January,2014 62,639
123,693 December,2013 1,000,000
Total:- 4,945,882
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on March 15, 2014 Date; March 24, 2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,614,295 3 ,755,332 13,369,627 Country Selling Buying Sight
Sales to TCP – – –
“to Exporters 106,517 263,156 369,673 USA 97.90 97.70 97.50
“to Mills 8,941,222 3 ,207,412 12,148,634
Unsold Stocks as on 15-03-2014 851,320 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.03.2014
2013-14 2012-13

PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,614,295 3 ,755,332 13,369,627 9 ,445,703 3,399,367 12,845,070
Difference in bale
% + 1.78 + 10.47 + 4.08
Flow during this fortnight 39,160 1,800 40,960
Sales to TCP – – –
Sales to Exporters 106,517 263,156 369,673 185,753 143,178 328,931
Sales to Mills 8,941,222 3,207,412 12,148,634 8,609,207 308,826 11,618,033
Unsold stocks 851,320 898,106

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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