Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 27-05-2014

Karachi, May 27, 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.
26.05.2014 Ex.Karachi
37.324 kg 6,950 155 7,105 7,105 NIL
Equivalent
40 kgs 7,448 155 7,603 7,603 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 Microaire 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 IRANSACTION)
Dated; May 27, 2014
2013-2014 CROP
Bales Station Rate Bales Station Rate
543 Tonsa Sharif 6800 1000 KhanPur 7300(Credit)
662 Layyah 7200(Credit)
PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 15-05-14 2011 – 2012 500
01-08-13 to 15-05-14 2012 – 2013 51,580 01-08-13 to 15-05-14 2012-13 58,370
01-08-13 to 15-05-14 2013 – 2014 610,220 01-08-13 to 15-05-14 2013-14 462,575
Total;- 662,300 Total;- 520,945
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 March.,2014 207,895 Aug,to Feb.,2014 9,122,823
April,2014 19,640 March,2014 1,325,882
227,535
Total:- 10,448,705
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final) Date; May 27, 2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,631,362 3,760,332 13,391,694 Country Selling Buying Sight
Sales to TCP – – –
“to Exporters 123,826 275,556 399,382 USA 98.60 98.40 98.20
“to Mills 9,230,582 3,353,914 12,584,496
Unsold Stocks as on 01-05-2014 407,816 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014 (Final)
2013-14 2012-13
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,631,362 3,760,332 13,391,694 9,508,418 3,407,167 12,915,585
Difference in bales
% 1.29 10.37 3.69
Flow during this fortnight 706 200 906
Sales to TCP – – –
Sales to Exporters 123,826 275,556 399,382 207,967 145,378 353,345
Sales to Mills 9,230,582 3,353,914 12,584,496 9,051,051 3,111,270 12,162,321
Unsold stocks 407,816 399,919

COTTON AREA AND PRODUCTION TARGETS FOR 2014-15
Province Area Production
(in Million ha) (in million bales)
Punjab 2.428 10.500
Sindh 0.650 4.200
Khyber Pakhtoonkhawa 0.00035 0.0015
Baluchistan 0.050 0.400
Pakistan 3.13 15.10

Source: – PCCC

SOWING POSITION OF COTTON CROP (2014-15)
(acres)

Area Sown % age Over
Province Target 2014
2013 2014 Target Last Year
Punjab (as on
6000,010 4088,993 3651,305 60.85
(-) 10.70
24.05.2014)
Sindh (as on
1606,280 887,116 877,913 54.66
(-) 1.56
16.05.2014)
Total 7606,290 4,976,109 4,529,218 59.55
(-) 8.98
Source: PCCC.

CCAC’S ESTIMATES ON PRODUCTION FOR THE COTTON CROP YEAR (2013-14)
S. NO Province Production (million bales)
1 Punjab 8.86
2 Sindh 3.36
3 Khaber Pakhton Khawa 0.00034
4 Baluchistan 0.108
5 Pakistan 12.328

Source: CCAC’s 4 Meeting held on 11.12.2013

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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