AsiaNet-Pakistan Premier Editorial Content and Press Release Distribution Service
Karachi, March 30, 2015 (PPI-OT):
CROP 2014 - 2015
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.
28.03.2015 Ex.Karachi
37.324 kg 5,150 150 5,300
Equivalent 5,300 NIL
40 kgs 5,519 160 5,679 5,679 NIL
Valid for the day established by the Rates Committee at 12:00 Noon.
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.
GRADE AND STAPLE MARGINS
(for the period from March 16, 2015 to April 15, 2015)
STAPLE
GRADE
31/32" 1" 1-1/32" 1-1/16" 1-3/32" 1-1/8"
37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg 37.32kg 40 kg
Super - 350 -375 - 250 -268 - 50 -54 + 250 268 + 400 429 + 500 536
1 - 400 -429 - 300 -322 - 150 -161 +200 214 + 350 375 + 450 482
2 - 450 -482 - 350 -375 - 200 -214 + 150 161 + 300 322 + 400 429
3 - 800 -857 - 600 -643 - 400 -429 BASE + 200 214 + 300 322
4 - 1200 -1286 - 1000 -1072 - 800 -857 - 400 -429 - 200 -214 - 100 -107
5 - 1300 -1393 - 1100 -1179 - 900 -965 - 500 -536 - 300 -322 - 200 -214
All above margins are based on Micronaire value between 3.8 to 4.9 NCL for Grades Super, 1, 2, 3 and Micronaire value between 3.5 to 4.9 NCL for Grades 4 and 5.
Approval of Government for Grade Super and Micronaire value 3.8 to 4.9 NCL is awaited.The discount on the basis of low or high Micronaire is stated below which is applicable in addition to the above mentioned margins:
PART -II
(DOMESTIC TRANSACTION)
Dated; March 30, 2015
2014-2015 CROP
Bales Station Rate Bales Station Rate
400 Dharki 5250 400 Mian wali 5225
400 Feroza 5100 400 Uch Sharif 5300
600 Sadiqabad 5250 500 Shahar Sultan 5300
400 Faqir wali 5050 600 Dera Ghazi Khan 5300
400 Pattoki 5025 600 Ali Pur 5300
800 Sahiwal 4850 - 5125
PART - III
(EXPORTS)
Registration:- Shipments:-
PERIOD - (MY 2014-15) CROP BALES PERIOD- (MY 2014-15) CROP Bales
01-08-14 to 15-03-15 2013 - 2014 10,073 01-08-14 to 15-03-15 2013-14 10,170
01-08-14 to 15-03-15 2014 - 2015 568,529 01-08-14 to 15-03-15 2014-15 478,736
Total:- 578,602 Total;- 488,906
Source: Trade Development Authority of Pakistan
PART -IV PART - V
(IMPORTS) (Mills Consumption of Raw Cotton)
Cotton Season 2014-2015
PERIOD - (MY 2014-15) Qty. in MT Month Bales
Aug., to Jan., 2015 61,362 Aug., to Oct.,2014 4,035,929
February, 2015 17,540 November, 2014 1,332,141
78,902 Total:- 5,368,070
Source: Pakistan Bureau of Statistics Source: Textile Commissioner's Organization
(ARRIVAL CROP 2014-15) (COMPOSITE EXCHANGE RATES)
As on March 15, 2015 Date; March 30, 2015
In Bales
Punjab Sindh Pakistan Country Selling Buying Sight
Total Arrivals 10,814,772 3,971,023 14,785,795
Sales to TCP 59,200 35,700 94,900
" to Exporters 77,781 395,556 473,337 USA 101.70 101.50 101.29
" to Mills 10,239,051 3,333,521 13,572,572
Unsold Stocks as on 15-03-2015 644,986
Source: National Bank of Pakistan
Source: PCGA
SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.03.2015
2014-15 2013-14
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 10,814,772 3,971,023 14,785,795 9,614,295 3,755,332 13,369,627
Difference in bales 1,200,477 215,691 1,416,168
% 12.49 5.74 10.59
Flow during this fortnight 73,106 6,836 79,942
Sales to TCP 59,200 35,700 94,900
Sales to Exporters 77,781 395,556 473,337 106,517 263,156 369,673
Sales to Mills 10,239,051 3,333,521 13,572,572 8,941,222 3,207,412 12,148,634
Unsold stocks 644,986 851,320
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