Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 26-08-2014

Karachi, August 26, 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.

                                                                            25.08.2014         Ex.Karachi

37.324 kg                   5,600            150           5,750                5,650           +100

Equivalent

40 kgs                      6,002            160           6,162                6,054           +108

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: August 26, 2014
2014-2015-CROP
Bales Station Rate Bales Station Rate
400 Nooriabad 5600 1000 Chichawatni 5700/5750
1000 Kotri 5600/5650 600 Kasso wal 5700/5750
1200 Hyderabad 5600/5650 1400 Haroonabad 5700/5750
3000 MirpurKhas 5600/5650 1200 Khanewal 5700/5750
2400 Sanghar 5600/5650 800 Hasil Pur 5700/5750
2000 Tando Adam 5600/5650 400 Gojra 5700/5750
3000 Shahdad Pur 5600/5700 1000 Mian Chano 5700/5750
400 Vinder 5650 1000 Chistian 5700/5750
1200 Burewala 5700/5750 1000 Bahawal Nagar 5700/5750
400 Vehari 5700/5750

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 May,2014 13,104,587
July,2014 6,335 June, 2014 1,327,941
260,639
Total:- 14,432,528
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final) Date; August 26,2014
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 102.00 101.80 101.59
“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 (Final)
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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