Karachi, November 17, 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. 15.11.2014 Ex.Karachi 37.324 kg 4,950 150 5,100 5,150 -50 Equivalent 40 kgs 5,305 160 5,465 5,518 -53 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 November 16, 2014 to November 30, 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 -400 - 429 - 300 -322 -250 - 268 - 200 -214 0 0 + 100 107 5 -450 - 482 - 300 -375 -300 -322 - 250 -268 -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 PART -II (DOMESTIC TRANSACTION) Dated; November 17,2014 2014-2015 C R O P Bales Station Rate Bales Station Rate 1400 Khair Pur 4750 600 Jan Pur 5050 400 Jhang 4900 1000 AhmedPur 5050 1600 Bahawal Nagar 4950 400 Tonsa Sharit 5050 1400 Hasil Pur 4950 400 Shadan Lund 5050 400 Arif Wala 4950 800 Rajan Pur 5050 800 Chistian 4950/4975 1000 Ali Pur 5085 400 Haroonabad 4975 1200 Rahim Yar Khan 5100 1000 Fort Abbas 4975 1000 Liaquat Pur 5100 400 PakPattan 5000 1000 Sadiqabad 5100 1000 Khanewal 5000/5050 1000 Mian wali 5100 4200 Bahawal Pur 5000/5050 2200 Layyah 5100 / 5125 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 31-10-14 2013-14 4,207 01-08-14 to 31-10-14 2014-15 158,912 Total;- 306,092 Total;- 163,119 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 17,2014 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 101.60 101.40 101.25 "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:
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