Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 25-10-2013

Karachi, October 25, 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
                           6,850            155             7,005              7,005             NIL
Equivalent
40 kgs                     7,341            155             7,496              7,496             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 25, 2013
                                                     2013 - 2014 CROP 
Bales     Station                Rate               Bales    Station             Rate
400      Tando adam            6000                400      Hasil Pur            6900
400      Shahdad Pur           6000                400      Khanewal             6900
600      Sanghar           6000 / 6100             600      Haroonabad           6900
200      Noaabad               6100                400      Multan               6900
800      Mu Pur Khas           6100                1000     Chichawatni          6900
600      Nawab Shah        6785 / 6800             600      Chistian             6900
200      Sakrand               6800                2000     Ali Pur              6900
2000     Upper Sindh       6850 / 6900             400      Mian Chano           6975
1000     Upper Sindh(BCI)  6900 / 6950             400      Gojra                7000
1000     KhairPur          6850 / 6900             1400     Layyah               7000
2000     Khair Pur(BCI)    6900 / 6950             800      Bakhar               7000
400      Sahiwal               6800                1000     Shujabad             7000
1000     Burewala              6825                400      Basti Malook         7050
400      Jhang                 6850                1600     Mian wall            7100
1000     Bahawal Nagar         6875                1000     Rajan Pur            7100
400      Ahmed Pur             6900
                                                          PART - III
                                                           (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (MY 2013-14)                       CROP                 BALES       PERIOD- (MY 2013-14)               CROP             Bales
01-08-13 to 15-10-13                    2011 - 2012                            500
01-08-13 to 15-10-13                    2012 - 2013              49,920      01-08-13 to 15-10-13              2012-13           55,852
01-08-13 to 15-10-13                    2013 - 2014             173,100      01-08-13 to 15-10-13              2013-14           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
August, 2013                                      9,076            Aug, to July, 2013               12,881,436
September, 2013                                   8,733            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 25, 2013
                                   In Bales
                     Punjab                     Sindh              Pakistan           Country    Selling   Buying     Sight
Total Arrivals       1,493,505                 2,190,784           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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