Karachi, October 01, 2014 (PPI-OT):
CROP 213-214 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. 30.09.214 Ex.Karachi 37.324 kg 5,150 150 5,300 5,300 NIL Equivalent 40 kgs 5,519 160 5,679 5,679 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. GRADE AND STAPLE MARGINS (for the period from October 16, 2014 to October 31, 2014) STAPLE GRADE 31/32" 1" 1-1/32" 1-1/16" 1-3/32" 1-1/8" 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg Super - 50 - 54 - 0 0 +50 - 54 + 150 + 161 + 250 268 + 350 375 1 - 100 - 107 - 50 - 54 - 0 - 0 + 100 + 107 + 200 214 + 300 322 2 - 150 - 161 - 100 -107 -50 - 54 + 50 + 54 + 150 161 + 250 268 3 -200 - 214 -150 -161 -100 -107 BASE + 100 107 + 200 214 4 -300 - 322 -200 -214 -150 - 161 - 100 - 107 0 0 + 100 107 5 -350 - 375 -250 -268 -200 -214 - 150 - 161 -50 -54 + 50 54 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 in Percentage Micronaire in Percentage Grades Super,1,2 and 3 Allowance Excess of 4.9 Allowance and Micronaire below 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 4.0 0.5 4.0 PART -II (DOMESTIC TRANSACTION) Dated; October 01,2014 2014-2015-CROP Bales Station Rate Bales Station Rate 1000 Rohri 5250 600 Haroonabad 5250/5300 600 Burewala 5250 400 Rajan Pur 5300 600 Arif wala 5250 400 Mian wali 5300 200 Qabula 5250 PART - III (EXPORTS) Registration:- Shipments:- PERIOD - (MY 2014-15) CROP BALES PERIOD- (MY 2014-15) CROP Bales 01-08-14 to 23-09-14 2013 - 2014 4,250 01-08-14 to 23-09-14 2014 - 2015 161,818 01-08-14 to 23-09-14 2013-14 4,207 01-08-14 to 23-09-14 2014-15 72,066 Total;- 166,068 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 2013-14) Qty. in MT Month Bales Aug.,to June,2014 254,304 Aug,to June,2014 14,408,191 July,2014 6,335 July, 2014(P) 1,294,118 260,639 Total:- 15,702,309 Source: Pakistan Bureau of Statistics Source: Textile Commissioner's Organization (ARRIVAL CROP 2014-15) (COMPOSITE EXCHANGE RATES) As on September 15, 2014 Date; October 01,2014 In Bales Punjab Sindh Pakistan Total Arrivals 1,190,680 1,559,883 2,750,563 Country selling Buying Sight Sales to TCP - - - "to Exporters 97,615 97,615 USA 102.60 102.40 102.19 "to Mills 1,044,076 1,270,761 2,314,837 Unsold Stocks as on 15-09-2014 338,111 Source: National Bank of Pakistan Source: PCGA SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.09.2014 2013-14 2012-13 PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL Total Arrival: 1,190,680 1,559,883 2,750,563 931,612 1,695,154 2,626,766 Difference in bales % 27.81 -7.95 4.73 Flow during this fortnight 380,364 607,917 988,281 Sales to TCP - - - Sales to Exporters - 97,615 97,615 9,000 97,086 97,615 Sales to Mills 1,044,076 1,270,761 2,314,837 828,365 1,383,307 2,314,837 Unsold stocks 338,111 309,008
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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