Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 17-12-2013

                                                      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.
                                                                             16.12.2013         Ex.Karachi
37.324 kg                  6,600             155             6,755             6,755              -NIL
Equivalent
40 kgs                     7,073             155             7,228             7,228              -NIL
                                  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: December 17, 2013
                                      2013 - 2014 CROP 
Bales       Station             Rate               Bales         Station                   Rate
800       Khair Fur             6500                2400        Haroonabad                 6600
800     khair Pur (BCI)         6600                 400        Dharan wala                6600
400      Chichawatni            6550                 400        Rajan Pur                  6700
400       Jalal Pur             6600                 800        Rahim Yar Khan             6800
600       Faqir Wali            6600                 400        Dera Ghazi Khan            6975

                                                          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 2012-2013
PERIOD - (MY 2013-14)                          Qty. in MT               Month                   Bales
Aug., to Sept., 2013                             17809            Aug.to July, 2013            12,881,436
October, 2013                                    9,336            Non Listed Mill Consumption   1,958,982
                                                 27,145                             Total:-    14,840,418

Souree: Pakistan Bursati of Statistics                             Source: Texitile Commission'r Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on December 01, 2013                                                       Date; December 17, 2013
                                   In Bales
                       Punjab           Sindh       Pakistan           Country    Selling   Buying   Sight
Total Arrivals        7,565,861        3,479,480   11,045,341
Sales to TCP                 -            -            -
"to Exporters            50,270          204,424      274,374           USA        107.00   106.80   106.58
"to Mills             4,896,437        2,574,251    8,729,136
Unsold Stocks as on 01-12-2013                      2,041,831           Source:  National Bank of Pakistan
Source: PCGA
                                        SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.12.2013
                                                                   2013-14                                        2012-13
                                                  PUNJAB          SINDH          TOTAL           PUNJAB         SINDH            TOTAL
Total Arrival:                                  7,565,861       3,479,480     11,045,341      6,605,379       2,977,181        9,582,560
Difference in bales
%                                                  +14.54          +16.87         +15.27
Flow during this fortnight                      1,361,527         165.684      1,527,211
Sales to TCP                                            -               -              -
Sales to Exporters                                 69,950         204,424        274,374          33,300        126,440          159,740
Sales to Mills                                  6,154,885       2,574,251      8,729,136       5,395,499      2,254,874        7,650,373
Unsold stocks                                                                  2,041,831                                       1,772,447