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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 26-11-2013

Karachi, November 26, 2013 (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.
                                                                             25.11.2013         Ex.Karachi
37.324 kg
                           6,350             155             6,505              6,555               -NIL
Equivalent40 kgs             
                           6,805             155             6,960              6,960               -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: November 26, 2013
                                                     2013 - 2014 CROP 
Bales         Station                  Rate                     Bales     Station              Rate
600           Upper Sindh              6375                     600       Faqir wali           6400
1000          Upper Sindh (BCI)        6450                     800       Fort Abbas           6400
400           Chunia                   6300                     400       Maroot               6400
800           Khanewal              6300 / 6400                 800       Bakhar               6500
400           Vehari                   6300                     600       Iayyah               6500
400           Yazman Mandi             6350                     600       Rahim Yar Khan       6500
1000          Bahawal pur           6375 / 6400                 400       Sadiqabad            6500
400           Garh Maharaja            6400                     400       Jalal Pur            6550
1000          Ahmed Pur                6400                     400       Shadan Lund          6550
600           Jahanian                 6400                     400       Rajan Fur            6600
400           Khichi wala              6400                     2000      Mian wali        6600 / 6650

                                                          PART - III
                                                          (EXPORTS)
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
       (IMPORTS)                                                          (Mills Consumption of Raw Cotton)
                                                                                Cotton Season 2012-2013
PERIOD - (MY 2013-14)                          Qty. in MT           Month                             Bales
August, 2013                                      9,076            Aug, to July, 2013               12,881,436
September, 2013                                   8,733            Non Listed Mill Consumption       1,958,982
                                                                                Total:-             14,840,418
Source: Pakistan Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2013                                                       Date; November 26, 2013
                                   In Bales
                       Punjab       Sindh       Pakistan           Country    Selling   Buying   Sight
Total Arrivals       6,204,334    3,313,796    9,518,130
Sales to TCP                 -            -            -
"to Exporters           50,270      186,450      236,720           USA         107.90   107.70   107.48
"to Mills            4,896,437    2,409,688    7,306,125
Unsold Stocks as on 15-11-2013                 1,975,285           Source:  National Bank of Pakistan
Source: PCGA
                                         SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.11.2013
                                                                   2013-14                                        2012-13
                                                       PUNJAB       SINDH          TOTAL           PUNJAB         SINDH             TOTAL
Total Arrival:                                      6,204,334     3,313,796     9,518,130        5,723,266       2,795,809        8,519,075
Difference in bales
%                                                       +8.41        +18.53        +11.73
Flow during this fortnight                          1,625,700       286,167     1,911,867
Sales to TCP                                                -             -             -
Sales to Exporters                                     50,270       186,450       236,720           20,688         122,040          142,728
Sales to Mills                                      4,896,437     2,409,688     7,306,125        4,600,611       2,059,052        6,659,663
Unsold stocks                                                                   1,975,285                                         1,716,684

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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