Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 25-06-2015

Karachi, June 25, 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.
                                                                                24.06.2015           Ex.Karachi
37.324 kg                    5,300            150              5,450
Equivalent                                                                         5,350                + 100
40 kgs                       5,580            160              6,840               5,733                + 107

Valid for the day established by the Rates Committee at 12:00 Noon.

The Grade and Staple Margins Charts and the percentage allowances for Micronaire blow  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; June 25, 2015
                                                          2014-2015 CROP

Bales     Station                     Rate              Bales           Station                       Rate
400       Kotri                    4935/4940            400             Bahawal Pur                   5400
300      Tando Mohammad Khan          4950              400             Yazman Mandi                  5400
200      Hyderabad                    4950              800             Khan Pur                   5400/5600
600      Sanghar                      4950
200      Tabdo Adam                   4975

                                                             PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES            PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 15-06-15            2013 - 2014            10,073           01-08-14 to 15-06-15           2013-14           10,170
01-08-14 to 15-06-15            2014 - 2015           600,282           01-08-14 to 15-06-15           2014-15          510,678
                                   Total:-            610,355                                           Total;-         520,848

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., 14 to March., 2015        109,239               Aug., 14 to March.,2015      10,669,414
April, 2015                      25,545               April, 2015                   1,353,059
                                134,784               Total:-                      12,022,200

Source: Pakistan Bureau of Statistics

                      (ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
                      As on May 01, 2015 (Final)                                          Date; June 25, 2015
                                                 In Bales
                               Punjab             Sindh              Pakistan         Country     Selling    Buying       Sight
Total Arrivals              10,896,647         3,974,500           14,871,174
Sales to TCP                    59,200            35,700               94,900
" to Exporters                  78,218           396,956              474,174           USA        101.70    101.50       101.29
" to Mills                  10,604,062         3,469,133           14,073,195
Unsold Stocks as on 01-05-2015                                        227,905
Source: National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.05.2015 (Final)

                                                            2014-15                                               2013-14
                                           PUNJAB            SINDH                TOTAL           PUNJAB           SINDH                TOTAL
Total Arrival:                           10,896,674        3,974,500            14,871,174       9,631,362       3,760,332            13,391,694
Difference in bales                       1,265,312          214,368             1,479,480
%                                             13,14             5.70                 11.05
Flow during this fortnight                    7,211                0                 7,211
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           78,218          396,956               475,174         123,826         275,556               399,382
Sales to Mills                           10,604,062        3,469,133            14,073,195       9,230,582       3,353,914            12,584,496
Unsold stocks                                                                      227,905                                               407,816

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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