Karachi, May 18, 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. 16.05.2015 Ex.Karachi 37.324 kg 5,450 150 5,600 Equivalent 5,600 NIL 40 kgs 5,841 160 6,001 6,001 NIL Valid for the day established by the Rates Committee at 12:00 Noon. The Grade and Staple Margins Charts and the percentage allowances for Micronaire blow GRADE STAPLE (for the period from May 02, 2015 to May 30, 2015) 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 -II (DOMESTIC TRANSACTION) Dated; May 18, 2015 2014-2015 CROP Bales Station Rate Bales Station Rate 140 Vehari 4900 200 Kassowal 5700(Condition) 100 Vehari 5590 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 (Final) Date; May 18, 2015 In Bales Punjab Sindh Pakistan Country Selling Buying Sight Total Arrivals 10,896,647 3,974,500 14,871,174 Sales to TCP 59,200 35,700 94,900 " to Exporters 78,218 396,956 474,174 USA 101.80 101.60 101.39 " 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 (Final) 2014-15 2013-14 PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL Total Arrival: 10,896,674 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 227,905 407,816
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