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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 13-02-2014

Karachi, Febuary 13, 2014 (PPI-OT):

                                                       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.
                                                                             12.02.2014         Ex.Karachi
37.324 kg                  7,000            155           7,155                7,155              NIL
Equivalent 
40 kgs                     7,502            155           7,657                7,657              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 Margine 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 happenens to be a closed holiday.

                                             PART - II
                                       (DOMESTIC TRANSACTION)
                                       Dated: Fabuary 13, 2014
                                          2013 - 2014 CROP
Bales      Station            Rate                Bales     Station                Rate
200       Kandario            6650                200       Multan                 6900
400       Khan Pur            7100                1213      Haroonabad          6925/6950
400        Mathio             7100                2600      Fort abbas          6950/7150
200        Dharki             7100                200       Faqir wali             6950
200       Daran wale          6850                400       Tonsa Sharif           7150
200       Hasil Pur           6900                1000      Yazman Mandi           7200
200        Vehari             6900                600       RahimYarKhan           7200

                                      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 Nov.,2013                             36,763          Aug,to Nov.,2013           3,945,882
December,2013                                 24,291                     
                                              61,054          December,2013              1,000,000
                                                                          Total:-        4,945,882
Source: Pakistan Bureau of Statistics                                   Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on Fabuary 01, 2014                                                       Date; Fabuary 13, 2014
                                   In Bales
                         Punjab           Sindh         Pakistan        Country      Selling    Buying    Sight
Total Arrivals           9,362,185        3,738,227     13,100,412
Sales to TCP                -                -             -
"to Exporters               96,290          246,862        343,152      USA           105.20    105.00   104 .78
"to Mills                8,398,975        3,063,901     11,462,876
Unsold Stocks as on 01-02-2014                           1,294,384      Source:  National Bank of Pakistan
Source: PCGA

                                        SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.02.2014
                                                       2013-14

                                            PUNJAB        SINDH           TOTAL          PUNJAB         SINDH           TOTAL
Total Arrival:                            9,362,185       3,738,227     13,00,412       9,031,435      3,346,806       12,378,241
Difference in bales
%                                            +3.66          +11. 70         +5.83
Flow during this fortnight                  199,402          18,047       217,449
Sales to TCP                                 -             -               -
Sales to Exporters                           96,290         246,862        343,152        101,740        139,146          240,886
Sales to Mills                            8,398,975       3,063,901     11,462,876      7,883,297      2,815,337       10,698,634
Unsold stocks                                                            1,294,384                                      1,438,721

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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