Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 21-10-2014

Karachi, October 21, 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.
                                                                             20.10.2014          Ex.Karachi

37.324 kg                   5,200           150           5,350                5,350               NIL
Equivalent
40 kgs                      5,573           160           5,733                5,733               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 TRANSACTION)
                                                       Dated; October 21,2014
                                                        2014- 2015  C R O P

Bales           Station                  Rate              Bales         Station               Rate
2000            Khair Pur              5200/5250      -      1600     Shadan Lund          5250 / 5265
2000            Upper Sindh            5200/5250             400      Dera Chazi Khan         5250
400             Sumundri                 5200                800      Fazil Pur            5250 / 5300
400             Bahawal Nagar            5200                500      Hasil Pur            5250 / 5300
200             Haroonabad               5200                200      Bahwal pur              5250
400             Pak pattan            5200 / 5250            3200     Rajan Pur            5250 / 5300
800             Arif wala             5200/  5250            200      Layyah                  5275
400             Vehari                5200/  5250            200      Burewala                5275
800             Khanewal              5200 / 5250            200      Ghazi Ghat              5275
1200            Ali Pur               5225/  5275            200      Jatoi                   5300
1000            Chichawatni           5250 / 5275            200      Ahmed Pur               5300
400             Jhang                     5250               400      Muhammad Pur Dewan      5300
800             Tonsa Sharif              5250               400      Mian wali               5300

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)            CROP               BALES          PERIOD- (MY 2014-15)           CROP           Bales
01-08-14 to 23-09-14            2013 - 2014          4,250
01-08-14 to 23-09-14            2014 - 2015        161,818          01-08-14 to 23-09-14          2013-14        4,207

                                                                    01-08-14 to 23-09-14          2014-15       72,066 
                                       Total;-      166,068                                        Total;-      76,273
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 June,2014                                      254,304       Aug,to July,2014(p)             15,702,309
July,2014                                                6,335       Non Listed Mill consumption      17,647
                                                       260,639
                                                                                           Total:- 15,719,956
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on October 15, 2014                                                     Date; October 21,2014
                                         In Bales
                        Punjab             Sindh         Pakistan
Total Arrivals         2,745,404          2,598,980      5,344,384       Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters              9,000            185,470        194,470         USA     102.70      102.50     102.29
"to Mills              2,193,438          1,879,342      4,072,780
Unsold Stocks as on 15-10-2014                           1,077,134     Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.10.2014
                                                         2014-15                                  2013-14

                                          PUNJAB         SINDH            TOTAL        PUNJAB       SINDH       TOTAL
Total Arrival:                          2,745,404      2,598,980       5,344,384        Data was not collected last year
Difference in bales
%
Flow during this fortnight                766,113         443,175      1,209,288
Sales to TCP                                 -             -                -
Sales to Exporters                          9,000        185,470        194,470
Sales to Mills                          2,193,438      1,879,342      4,072,780
Unsold stocks                                                         1,077,134

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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