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Karachi, April 20, 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.
18.04.2015 Ex.Karachi
37.324 kg 5,300 150 5,450
Equivalent 5,450 NIL
40 kgs 5,680 160 5,840 5,840 NIL
Valid for the day established by the Rates Committee at 12:00 Noon.
Grade and Staple Margins are notified below:
GRADE AND STAPLE MARGINS
(for the period from April 16, 2015 to April 30, 2015)
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 - 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:
PART -II
(DOMESTIC TRANSACTION)
Dated; April 20, 2015
2014-2015 CROP
Bales Station Rate Bales Station Rate
400 Moro 5500 540 Rohri 4300
227 Kandairo 5500 1000 BWP 5000
PART - III
(EXPORTS)
Registration:- Shipments:-
PERIOD - (MY 2014-15) CROP BALES PERIOD- (MY 2014-15) CROP Bales
01-08-14 to 07-04-15 2013 - 2014 10,073 01-08-14 to 07-04-15 2013-14 10,170
01-08-14 to 07-04-15 2014 - 2015 578,310 01-08-14 to 07-04-15 2014-15 493,852
Total:- 588,383 Total;- 504,022
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., 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 April 15, 2015 Date; April 20, 2015
In Bales
Punjab Sindh Pakistan Country Selling Buying Sight
Total Arrivals 10,889,463 3,974,500 14,863,963
Sales to TCP 59,200 35,700 94,900
" to Exporters 78,218 396,256 475,174 USA 101.50 101.30 101.09
" to Mills 10,542,435 3,410,628 13,953,063
Unsold Stocks as on 15-04-2015 340,826
Source: National Bank of Pakistan
Source: PCGA
SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.04.2015
2014-15 2013-14
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 10,889,463 3,974,500 14,863,963 9,630,656 3,760,132 13,390,788
Difference in bales 1,258,808 214,368 1,473,175
% 13.07 5.70 11.00
Flow during this fortnight 25,358 0 25,358
Sales to TCP 59,200 35,700 94,900
Sales to Exporters 78,218 396,956 475,174 120,198 273,556 393,754
Sales to Mills 10,542,435 3,410,628 13,953,063 9,138,195 3,298,023 12,436,218
Unsold stocks 340,826 60,816
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