Karachi, September 22, 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. 20.09.2014 Ex.Karachi 37.324 kg 5,450 150 5,600 5,650 -50 Equivalent 40 kgs 5,841 160 6,100 6,054 -53 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. GRADE AND STAPLE MARGINS (for the period from September 16, 2014 to September 30, 2014) 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 - 50 - 54 - 0 0 +50 - 54 + 150 + 161 + 250 268 + 350 375 1 - 100 - 107 - 50 - 54 - 0 - 0 + 100 + 107 + 200 214 + 300 322 2 - 150 - 161 - 100 -107 -50 - 54 + 50 + 54 + 150 161 + 250 268 3 -200 - 214 -150 -161 -100 -107 BASE + 100 107 + 200 214 4 -300 - 322 -200 -214 -150 - 161 - 100 - 107 0 0 + 100 107 5 -350 - 375 -250 -268 -200 -214 - 150 - 161 -50 -54 + 50 54 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 3.5 in Grades 4 and 5 0.1 0.5 0.1 0.5 0.2 1.0 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 4.0 0.5 4.0 PART -II (DOMESTIC TRANSACTION) Dated: September 22, 2014 2014-2015-CROP Bales Station Rate Bales Station Rate 2000 Shahdad Pur 5400/5450 200 Pak Pattan 5500 2400 Sanghar 5400/5450 400 Mar0ot 5500 1800 Mir Pur Khas 5400/5450 200 Chistian 5500 2000 Tando Adam 5400/5450 400 Bahawal Nagar 5500 2000 Nawab Shah 5475/5500 1000 Haroonabad 5500/5550 1000 Khair Pur 5500/5550 400 Shaher Sultan 5525 1600 Burewala 5500/5550 200 Bakhar 5550 400 Gaggo Mandi 5500 200 Khanewal 5600 800 Chichawatni 5500 PART - III (EXPORTS) Registration:- Shipments:- PERIOD - (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales 01-08-13 to 31-07-14 2011 - 2012 500 01-08-13 to 31-07-14 2012 - 2013 51,580 01-08-13 to 31-07-14 2012-13 58,370 01-08-13 to 31-07-14 2013 - 2014 624,215 2014 - 2015 12,843 01-08-13 to 31-07-14 2013-14 479,768 Total;- 689,138 Total;- 538,138 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 June,2014 14,408,191 July,2014 6,335 July, 2014(P) 1,294,118 260,639 Total:- 15,702,309 Source: Pakistan Bureau of Statistics Source: Textile Commissioner's Organization (ARRIVAL CROP 2014-15) (COMPOSITE EXCHANGE RATES) As on September 01, 2014 Date; September 22,2014 In Bales Punjab Sindh Pakistan Total Arrivals 810,316 951,966 1,762,282 Country selling Buying Sight Sales to TCP - - - "to Exporters 56,875 56,875 USA 102.70 102.50 102.29 "to Mills 728,387 795,467 1,523,854 Unsold Stocks as on 01-09-2014 181,553 Source: National Bank of Pakistan Source: PCGA SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.09.2014 2013-14 2012-13 PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL Total Arrival: 810,316 951,966 1,762,282 644,357 1,081,496 1,725,853 Difference in bales % 25.76 -11.98 2.11 Flow during this fortnight 810,316 951,966 1,762,282 Sales to TCP - - - Sales to Exporters - 56,875 56,875 5,400 64,254 69,654 Sales to Mills 728,387 796,467 2,523,854 550,810 884,659 1,435,769 Unsold stocks 181,553 220,430
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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