Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 27-11-2014

Karachi, November 27, 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              4,960             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 27,2014
2014-2015 C R O P
Bales Station Rate Bales Station Rate
1200 Khair Pur 4675 400 Chistian 4900
1400 Upper Sindh 4850/4975 400 Mian Chano 4900
400 Chichawatni 4750 200 Shujabad 4925
400 Vehari 4800 400 Gojra 4950
400 Dahranwata 4850 2000 Bahawal Pur 4950 / 5000
200 Duniya Pur 4375 4000 Ahmed Pur 4975 / 5000
400 Hasil Pur 4900 1000 Deaa Ghazi Khan 4975 / 5000
200 Khici Wala 4900 1000 Ali Pur 5000
400 Faqir wali 4900 2000 Liaquat Pur 5000 / 5050
400 Mongi Bangla 4900 600 Layyah 5050
400 Pul Bagar 4900 1200 Sadiqabad 5050
1400 Haroonabad 4900/4960 600 Mian Wali 5075/ 5100
400 Bakhar 4900

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
23,945 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 27,2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 6,985,213 3,452,860 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