Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 26-08-2015

Karachi, August 26, 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.
                                                                                25.08.2015           Ex.Karachi
37.324 kg                   4,500             135              4,635
Equivalent                                                                        4,635                 NIL
40 kgs                      4,823             145              4,968              4,968                 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 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; August 26, 2015
                                                          2014-2015 CROP

Bales     Station                     Rate              Bales           Station                       Rate
400       Khipro                      4500              400             Chichawatni                4575/4600
1800      Shahdad Pur               4500/4550           1000            Burewala                   4575/4600
1600      Sanghar                   4500/4550           200             Renala Khurd                  4600
2000      Mir Pur Khas              4500/4550           200             Mian Chano                    4600
400       Kotri                       4525              400             Khanewal                   4550/4575
1400      Tando Adam                4525/4550           400             Arif Wala                     4575
200       Sarhari                     4500              400             Mongi Bangla                  4575
600       Sahiwal                     4575              400             Jahania                       4575
200       Gaggo Mandi                 4575

                                                           PART - III
                                                            (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2015-16)              CROP                BALES            PERIOD- (MY 2015-16)            CROP             Bales
01-08-15 to 23-08-15            2014 - 2015             3,010           01-08-15 to 23-08-15           2013-14            3,814
01-08-15 to 23-08-15            2015 - 2016            84,068           01-08-15 to 23-08-15           2014-15           46,613
                                   Total:-             87,078                                           Total;-          50,427

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., 14 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 26, 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