AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, January 23, 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"
3 8 TO 4.9
MICRONAIRE VALUE BETWEEN 3.8 4 9 NCL
Rate Ex-Gin Price Up-country Spot Rate Spot Rate Difference
for Expenses Ex-Karachi Ex. KHI. As on In Rs.
23.01.2014 Ex. Karachi
37.324 kg
7,050 155 7,205
,205 NIL
Equivalent
7,555 155 7,710
40 kgs 7,710 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.
New York Cotton Market Closing Delivery Contract No.2
Dated: January 23, 2014
Contract Open High Low v Previous Close Change
Mar.,-14 87.91 88.15 86.95 87.84 87.33 -0.51
May
y -14 87.98 88.40 87.25 88.01 87.61 -0.40
July -14 87.57 88.00 87.18 87.67 87.54 -0.13
Oct., -14 81.25 81.25 81.25 81.50 81.25 -0.25
Dec., -14 79.55 79.72 79.12 79.67 79.31 -0.36
Cotlook Indices China Cotton Index
23, 2014
24, 2014
Dated: January 24
A - Index 94.25 Index 328 19419 (+11)
A - Index Plus N/A Index 229 20276 (+15)
PART - II
(DOMESTIC TRANSACTION)
Dated: January 24, 2014
2013 - 2014 C R O P
Bales
B l St ti
Station Rate
R t B l
Bales St ti
Station R t
Rate
200 Shah Pur Chakar 6650 200 Burewala 6900
400 Shahdad Pur 6900 to 7000 400 Fort Abbas 7100
1000 Kabir wala 7000 / 7050 200 Vehari 7050
400 Haroonabad 7200 (condition) 600 Noor Pur Noranga 7150 to 7190
200 Mian Chanu 6800 400 Mian wali 7350
400 Arif wala 6900 200 Jalal Pur 7200
PART - III
(E X P O R T S)
Registration:- Shipments:-
PERIOD - (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 23-10-13 2011 - 2012 500
01-08-13 to 23-10-13 2012 - 2013 ,
49,920 01-08-13 to 23-10-13 2012-13 ,
55,852
01-08-13 to 23-10-13 2013 - 2014 186,970 01-08-13 to 23-10-13 2013-14 89,202
Total:- 237,390 Total;- 145,054
Source: Trade Development Authority of Pakistan Source: Trade Development Authority of Pakistan
PART - IV PART - V
(I M P O R T S) (Mills Consumption of Raw Cotton)
Cotton Season 2013 - 2014
PERIOD - (MY 2013 - 14) Qty. in MT Month Bales
Aug., to Nov., 2013 36,763 Aug., to Nov., 2013 3,945,882
December, 2013 24,291 December, 2013 1,000,000
61,054 Total:- 4,945,882
Source: Pakistan Bureau of Statistics Source: Textile Commissioner's Organization
2013-14)
(ARRIVAL CROP 2013 14) (COMPOSITE EXCHANGE RATES)
As on January 15, 2014 Date; January 24, 2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,162,783 3,720,180 12,882,963 Country Selling Buying Sight
Sales to TCP - - -
" to Exporters 94,576 243,962 338,538
" to Mills 8,045,152 2,970,937 11,016,089 USA 105.20 105.00 104.78
Unsold Stocks as on 15-01-2014 1,528,336 Source: National Bank of Pakistan
Source: PCGA
SUMMARY OF COTTON ARRIVAL IN 2013- 14 AND 2012- 13 AS ON 15.01.2014
2013 - 14 2012 - 13
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,162,783 3,720,180 12,882,963 8,725,980 3,296,060 12,022,040
Difference in bales
% + 5.01 + 12.87 + 7.16
Flow during this fortnight 163,340 48,721 212,061
Sales to TCP - - -
Sales to Exporters 94,576 243,962 338,538 63,940 136,646 200,586
Sales to Mills 8,045,152 2,970,937 11,016,089 7,530,583 2,704,025 10,234,608
Unsold stocks 1,528,336 1,586,846
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