PPI Original Text (PPI-OT) – Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees

Karachi, June 04, 2012 (PPI-OT): CROP 2011-2012

PART-I

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
02.06.2012 Ex-Karachi
37.324 kg

5,500

130

5,630

5,730

-100

Equivalent
40 kqs

5,894

130

6,024

6,132

-108

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 June 01, 2012 to June 16, 2012)

GRADE STAPLE LENGTH
31/32″ 1″ 1-1/32″ 1-1/16″ 1-3/32″ 1-1/8″
37.32kg 40kg 37.32kg 40kg 37.32kg 40kg 37.32kg 40kg 37.32kg 40kg 37.32kg 40kg
Super

N/A

N/A

+100

107

+200

214

+400

429

+700

750

+800

857

1

-100

-107

0

0

+100

107

+300

322

+600

643

+700

750

2

N/A

N/A

-200

-214

0

0

+200

214

+500

536

+600

643

3

-400

-429

-300

-322

-200

-214

BASE

+300

322

+400

429

4

-1050

-1125

-950

-1018

-850

-911

-650

-697

-450

-482

N/A

N/A

5

-1200

-1286

-1100

-1179

-1000

-1072

-800

-857

N/A

N/A

N/A

N/A

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.

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 n Percentage Micronaire in Percentage
Grades Super,l ,2 and 3 Allowance Excess of 4.9 Allowance
and Micronaire be!ow 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

 

China Cotton Index

Dated: June 04, 2012

Index 328

18680 (-32)

Index 299

19937 (-25)

Part II

(DOMESTIC TRANSACTION)

Dated: June 04, 2012

2011-2012 CROP

Bales Station Rate Bales Station Rate

899

Ali Pur

5700

Cotton Seed Market Rate

Date: June 04, 2012

Rupees per 40 Kgs.

1) Punjab N/A 2) Sindh N/A

PART – III

(EXPORTS)

Registration:- Shipments:-
PERIOD – (MY 2011-12) CROP BALES PERIOD-(2011-12) Crop Qty.in Bales

01-08-11 to 23-05-12

2010-2011

9,005

01-08-11 to 23-05-12 2010-11

21,600

01-08-11 to 23-05-12

2011-2012

1,694,325

01-08-11 to 23-05-12 2011-12

1,085,450

Total:-

1,703,330

Total:-

1,107,050

Source: Trade Develepment Authority of Pakistan Source: Trade Development Authority of Pakistan.

 

PART -IV PART – V
(IMPORTS) (Mills Consumption of Raw Cotton)
Cotton Season 2011-2012
PERIOD – (MY 2011-12) Qty. in MT Month Bales
Aug, to March., 2012 95,226 Aug., to March., 2012 8,809,029
April 2012 10,445 April 2012 958,882
Total:- 105,671 Total:- 9,767,911
Source: Pak Bureau of Statistics
Specially obtained from Department of Plant Protection. G.O.P. Source: Textile Commissioners Organization

 

PART – VI PART – VII
(ARRIVAL CROP 2010-11) (COMPOSITE EXCHANGE RATES)
As on May 01, 2012 Date; May 28, 2012
In Bales
Punjab Sindh Pakistan Country Sellinq Buying Sight
Total Arrivals

12,132,080

2,681,699

14,813,779

Sales to TCP

to Exporters

769,300

331,470

1,100,770

USA

93.40

93.20

93.00

to Mills

11,168,731

2,266,716

13,435,447

Unsold Stocks as on 01-05-2012

277,562

Source: National Bank of Pakistan
Source: POGA

SUMMARY OF COTTON ARRIVAL IN 2011-12 AND 2010-11 AS ON 01.05.2012

2011-12 2010-11
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival:

12,132,080

2,681,699

14,813,779

7,904,247

3,793,919

11,698,166

Difference in bales

(+)4,227,833

(-)1,112,220

(+)3,115,613

%

+53.49

-29.32

+26.63

Flow during this fortnight

140,801

2,640

143,441

Sales to TCP

Sales to Exporters

769,300

331,470

1,100,770

95,281

445,349

540,630

Sales to Mills

11,168,731

2,266,716

13,435,447

7,632,893

3,304,688

10,937,581

Unsold stocks

277,562

219,955

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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