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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 26-11-2014

Karachi, November 26, 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.
                                                                            26,11.2014          Ex.Karachi
37.324 kg                   4,800             150            4,950              4,950             NIL

Equivalent
40 kgs                      5,144             160            5,304              5,304             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 26,2014
                                                          2014-2015 C R O P
Bales             Station                   Rate               Bales           Station                   Rate
200               Bandhi                    4500               1000            Ahmedpur                  5000
400               Nawab Shah                4500               1400            Ali Pur                   5000
200               Dadu                      4775               1000            Dera Ghazi Khan       5000 / 5050
2000              Upper Sindh            4850/4900              600            Liaquat Pur               5025
400               Dharan wala               4875               2000            Rahim yar Khan          5025/5050
1200              Haroonabad            4875/ 4900             1000            Rajan Pur             5025 / 5050
400               HasilPur                  4900               1400            Layyah                  5025/5050
200               Chistian                  4900               3000            Sadiqabad                  5050
400               Fort Abbas                4925               1000            YazmanMandi                5050
800               Faqir wali                4925               1000            Feroza                     5075
400               Multan                    4950               1400            Mianwali                   5100
400               Mian Chano                4950               1600            Bahawal Pur           5000 / 5050
400               Tonsa Sharif              5000

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES          PERIOD- (MY 2014-15)           CROP          Bales
01-08-14 to 23-11-14            2013 - 2014           10,073
01-08-14 to 23-11-14            2014 - 2015          363,845         01-08-14 to 23-11-14          2013-14         5,354

                                                                      01-08-14 to23-11-14          2014-15      266,803
                                       Total;-       373,918                                        Total;-     272,157
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 2014-15)                               Qty. in MT                 Month                          Bales
Aug,to Sept.,2014                                                         Aug,to July,2014(p)              15,702,309
October,2014                                           16,132             Non Listed Mill consumption          17,647
                                                        7,813
                                                                                            Total:-         15,719,956

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2014                                                      Date; November 26,2014
                                In Bales
                        Punjab              Sindh          Pakistan
Total Arrivals          6,985,213           3452,860      10,438,073    Country    selling       Buying     Sight
Sales to TCP               -                -             -
"to Exporters              29,820             244,160        273,980        USA      101.60       101.40     101.19
"to Mills               5,343,636           2,420,588      7,764,224
Unsold Stocks as on  15-11-2014                            2,399,869        Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.11.2014
                                                         2014-15                                 2013-14
                                         PUNJAB        SINDH            TOTAL          PUNJAB       SINDH       TOTAL
Total Arrival:                          6,985,213      3,452,860     10,438,-073      6,204,334    3,313,796  9,518,130
Difference in bales                       780,879        139,064        919,943
%                                          12.59           4.20           9.67
Flow during this fortnight              1,748,637        307,017          2,055,654
Sales to TCP                                 -             -                -
Sales to Exporters                         29,820         244,160       273,980         50,270       186,450      236,720
Sales to Mills                          5,343,636       2,420,558         7,764,224      4,896,437     2,409,688    7,306,125
Unsold stocks                                                             2,399,869                                 1,975,285

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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