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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 18-09-2014

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by September 18, 2014 General

Karachi, September 18, 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.
                                                                            17.09.2014         Ex.Karachi

37.324 kg                   5,550            150           5,700                5,700             -NILL
Equivalent
40 kgs                      5,948            160           6,108                6,108             -NILL

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: September 18, 2014
                                                         2014-2015-CROP
Bales          Station                 Rate                   Bales        Station           Rate
800            Shahdad Pur           5575/5600                  200        Sahiwal              5650
800            Tando Adam            5575/5600                  200        Mamo Kanjan          5650
200            Vindar                     5600                  400        Vehari          5650/5675
400            NWS                        5600                  200        Burewala             5675
600            Bahawal Nagar              5600                  400        Mian wali            5700
200            Bakhar                     5600                 1000        Mian Chano           5700
200            GaggD Mandi                5650                  800        Chichawatni          5700
200            Fort Abbas                 5650

                                                              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 June,2014             14,408,191
July,2014                                                 6,335          July, 2014(P)                 1,294,118
                                                        260,639
                                                                                           Total:-    15,702,309
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on September 01, 2014                                                     Date; September 18,2014
                                        In Bales
                        Punjab           Sindh        Pakistan
Total Arrivals         810,316          951,966        1,762,282          Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters                            56,875           56,875            USA     102.60      102.40     102.19
"to Mills              728,387          795,467        1,523,854
Unsold Stocks as on 01-09-2014                           181,553          Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.09.2014
                                                         2013-14                                 2012-13
                                          PUNJAB         SINDH            TOTAL       PUNJAB       SINDH       TOTAL
Total Arrival:                           810,316        951,966          1,762,282    644,357   1,081,496     1,725,853
Difference in bales
%                                          25.76         -11.98               2.11
Flow during this fortnight               810,316        951,966          1,762,282
Sales to TCP                                 -             -                -
Sales to Exporters                           -           56,875             56,875      5,400      64,254        69,654
Sales to Mills                           728,387        795,467          1,523,854    550,810     884.959     1,435,769
Unsold stocks                                                              181,553                              220,430

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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