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Karachi, May 04, 2015 (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.
04.04.2015 Ex.Karachi
37.324 kg 5,350 150 5,500
Equivalent 5,500 NIL
40 kgs 5,734 160 5,894 5,894 NIL
Valid for the day established by the Rates Committee at 12:00 Noon.
GRADE S T A P L E
31/32" 1 1-132" 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 -400 -429 -300 -322 -100 -107 +300 322 +450 482 +550 589
1 -450 -482 -350 -375 -200 -214 +250 268 +400 429 +500 536
2 -500 -536 -400 -429 -250 -268 +200 214 +350 375 +450 482
3 -900 -965 -700 -750 -500 -536 BASE +200 214 +300 322
4 -1300 -1393 -1100 -1179 -900 -965 -400 -429 -200 -214 -100 -107
5 -1400 -1500 -1200 -1286 -1000 -1072 -500 -536 -300 -322 -200 -214
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 3.2
in Grades 4 and 5
0.1 0.5 0.1 0.5
0.2 0.1 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
PART - III
(EXPORTS)
Registration:- Shipments:-
PERIOD - (MY 2014-15) CROP BALES PERIOD- (MY 2014-15) CROP Bales
01-08-14 to 30-04-15 2013 - 2014 10,073 01-08-14 to 30-04-15 2013-14 10,170
01-08-14 to 30-04-15 2014 - 2015 592,707 01-08-14 to 30-04-15 2014-15 497,350
Total:- 602,780 Total;- 507,520
Source: Trade Development Authority of Pakistan
PART -IV PART - V
(IMPORTS) (Mills Consumption of Raw Cotton)
Cotton Season 2014-2015
PERIOD - (MY 2014-15) Qty. in MT Month Bales
Aug., 14 to Jan., 2015 61,362 Aug., 14 to Jan.,2015 8,003,964
February, 2015 17,540 February, 2015 1,318,471
78,902 Total:- 9,322,435
Source: Pakistan Bureau of Statistics
(ARRIVAL CROP 2014-15) (COMPOSITE EXCHANGE RATES)
As on May 01, 2015 Date; May 04, 2015
In Bales
Punjab Sindh Pakistan Country Selling Buying Sight
Total Arrivals 10,869,674 3,974,500 14,871,174
Sales to TCP 59,200 35,700 94,900
" to Exporters 78,218 396,956 475,174 USA 101.60 101.40 101.19
" to Mills 10,604,062 3,469,133 14,073,195
Unsold Stocks as on 01-05-2015 227,905
Source: National Bank of Pakistan
Source: PCGA
SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.05.2015
2014-15 2013-14
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 10,869,674 3,974,500 14,871,174 9,631,362 3,760,332 13,391,694
Difference in bales 1,265,312 214,368 1,479,480
% 13,14 5,70 11,05
Flow during this fortnight 7,211 0 7,211
Sales to TCP 59,200 35,700 94,900
Sales to Exporters 78,218 396,956 475,174 123,826 275,556 399,382
Sales to Mills 10,604,062 3,469,133 14,073,195 9,230,582 3,353,914 12,584,496
Unsold stocks 227,90 407,816
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