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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 12-11-2014

Karachi, November 12, 2014 (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.
                                                                             11.11.2014          Ex.Karachi

37.324 kg                   5,050            150             5,200               5,150              +50
Equivalent
40 kgs                      5,412            160             5,572               5,518              +54

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; November 12,2014
                                                          2014-2015 C R O P
Bales           Station                  Rate              Bales          Station                Rate
1000            Sanghar              4050 / 4150            1000           Yazman Mandi         5225 / 5250
400             Kandiayro                4950               1800           Lodhran                 5225
2000            Khair Pur                5000               1000           Ahmed Pur            5225 / 5300
1000            Upper Sindh          5100/5150              1400           Liaquat Pur             5250
200             Garha Mor                5100                400           Shujabad                5250
600             Vehari               5100/5200               400           Ali Pur                 5250
200             Hasil Pur                5125                200           Multan                  5250
800             Chistian                 5125                800           Dera Ghazi Khan         5250
1000            Bahawal Nagar        5125/ 5175              400           Tonsa Sharif            5250
200             Dharan Wala              5140                400           Rajan Pur               5200
400             Haroonabad               5175                200           Khanewal                5250
400             Faqir wali               5200               1000           Rahim yar Khan       5250 / 5275
600             Mongi Bangla             5200                600           Layyah               5250 / 5300
200             Chinute                  5200                600           Mian wali               5300
600             Pir Mehal                5200                600           Khan Pur                5300
600             Toba tek Singh           5200

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)            CROP                BALES          PERIOD- (MY 2014-15)           CROP           Bales
01-08-14 to 31-10-14            2013 - 2014          9,590
01-08-14 to 31-10-14            2014 - 2015        296,502         01-08-14 to 23-09-14           2013-14        4,207

                                                                   01-08-14 to 23-09-14           2014-15       72,066
                                       Total;-      306,092                                       Total;-       76,273
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 2014-15)                               Qty. in MT               Month                          Bales
Aug,2014                                              7,757                 Aug,to July,2014(p)             15,702,309
September,2014                                        8,375              Non Listed Mill consumption        17,647
                                                     16,132
                                                                                            Total:-         15,719,956

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on November 01, 2014                                                      Date; November 12,2014
                                In Bales
                        Punjab             Sindh          Pakistan
Total Arrivals          5,236,576          3,145,843      8,382,419     Country   selling       Buying     Sight
Sales to TCP               -                -             -
"to Exporters             23,584             215,650        239,234        USA      101.60       101.40     101.22
"to Mills                  3,861,964       2,198,187      6,060,151       
Unsold Stocks as on  01-11-2014                           2,083,034        Source:  National Bank of Pakistan
Source: PCGA
                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.11.2014
                                                         2014-15                                 2013-14

                                         PUNJAB           SINDH         TOTAL          PUNJAB       SINDH       TOTAL
Total Arrival:                          5,236,576      3,145,843      8,382,419       4,578,634    3,027,629   7,606,263
Difference in bales                       657,942        118,214        776,156         275,535      479,672     776,156
%                                          14.37           3.90          10.20
Flow during this fortnight              2,491,172        546,863      3,038,035
Sales to TCP                                 -             -                -
Sales to Exporters                         23,584        215,650        239,234          30,428     161,229      191,657
Sales to Mills                          3,861,964      2,198,187      6,060,151       3,496,580   2,195,303    5,691,883
Unsold stocks                                                         2,083,034                                1,722,723

For more information, contact:l
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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