Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 21-05-2014

Karachi, May 21, 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.

                                                                             20.05.2014         Ex.Karachi

37.324 kg                  6 ,900            155           7,005                 7,005             NIL

Equivalent

40 kgs                     7 ,395            155           7,550                 7,550             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 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.

PART -II
(DOMESTIC IRANSACTION)
Dated; May 21,2014
2013-2014 CROP
Bales Station Rate Bales Station Rate
600 Mir Pur Khas 5500 300 pir Mehal 6800
800 Khair Pur 6650 400 Jalal Pur 7000
100 Pak Pattan 6700 200 M.Pur Dewan 7300 (CredEt)

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 15-05-14 2011 – 2012 500
01-08-13 to 15-05-14 2012 – 2013 51,580 01-08-13 to 15-05-14 2012-13 58,370
01-08-13 to 15-05-14 2013 – 2014 610,220 01-08-13 to 15-05-14 2013-14 462,575
Total;- 662,300 Total;- 520,945
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 Feb.,2014 170,998 Aug,to Feb.,2014 9,122,823
March,2014 36,897 March,2014 1,325,882
207,895
Total:- 10,448,705
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final) Date; May 21, 2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,631,362 3,760,332 13,391,694 Country Selling Buying Sight
Sales to TCP – – –
“to Exporters 123,826 275,556 399,382 USA 98.60 98.40 98.20
“to Mills 9,230,582 3,353,914 12,584,496
Unsold Stocks as on 01-05-2014 407,816 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014
2013-14 2012-13
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,631,362 3,760,332 13,391,694 9,508,418 3,407,167 12,915,585
Difference in bales
% 1.29 10.37 3.69
Flow during this fortnight 706 200 906
Sales to TCP – – –
Sales to Exporters 123,826 275,556 399,382 207,967 145,378 353,345
Sales to Mills 9,230,582 3,353,914 12,584,496 9,051,051 3,111,270 12,162,321
Unsold stocks 407,816 399,919

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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