Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 02-01-2014

                                                        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.
                                                                             01.01.2014         Ex.Karachi
37.324 kg
                          7,000             155             7,155                7,105             +50
Equivalent40 kgs
                          7,502             155             7,657                7,603             +54
                                  Valid for the day established by the Rates Committee at 12:00 Noon.
                                             Grade and Staple Margins are notified below:

                                                     PART - II
                                              (DOMESTIC TRANSACTION)
                                                 Dated: January 02, 2014
                                                    2013 - 2014 CROP 
Bales      Station               Rate               Bales          Station                       Rate
200        Liaquat Pur           7000                200           Faqir wali                    7150

                                                          PART - III
                                                          (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2013-14)                       CROP             BALES      PERIOD- (MY 2013-14)         CROP           Bales
01-08-13 to 23-10-13                    2011 - 2012            500
01-08-13 to 23-10-13                    2012 - 2013         49,920      01-08-13 to 23-10-13        2012-13        55,852
01-08-13 to 23-10-13                    2013 - 2014        186,970      01-08-13 to 23-10-13        2013-14        89,202
                                             Total:-       237,390                                      Total;-   145,054
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 Oct.,2013                              27,145          Aug,to Sept.,2013         1,970,353
November, 2013                                   9,618                      
                                                36,763          October,  2013              987,294
                                                                                Total:-   2,957,647
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on December 15, 2013                                                       Date; January 02, 2014
                                   In Bales
                         Punjab           Sindh         Pakistan          Country     Selling   Buying   Sight
Total Arrivals            8,635,886        3,614,063    12,249,949
Sales to TCP                -                -             -
"to Exporters                85,614          230,190       315,804          USA        105.20    105.00   104 .78     
"to Mills                 7,216,014        2,746,282     9,962,296
Unsold Stocks as on 15-12-2013                           1,971,849           Source:  National Bank of Pakistan
Source: PCGA
                                        SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.12.2013
                                                       2013-14                                         2012-13
                                            PUNJAB        SINDH           TOTAL          PUNJAB         SINDH           TOTAL
Total Arrival:                            8,635,886    3,614,063      12,249,949       7,645,861      3,123,000       10,768,861
Difference in bales
%                                            +12.95       +15.72          +13.75
Flow during this fortnight                1,070,025      134,583       1,204,608
Sales to TCP                                 -             -               -
Sales to Exporters                           85,614      230,190         315,804          41,100        130,846          171,946
Sales to Mills                            7,216,014    2,746,282       9,962,296       6,427,087      2,426,227        8,853,314
Unsold stocks                                                          1,971,849                                       1,743,601