Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 06-01-2015

Karachi, January 06, 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.
                                                                                02.01.2015          Ex.Karachi
37.324 kg                      4,900           150               5,050
Equivalent                                                                           5,050              - 100
40 kgs                         5,251           160               5,411               5,411              - 107

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.

                                                            PART -II
                                                     (DOMESTIC TRANSACTION)
                                                     Dated; January 06, 2015
                                                          2014-2015 C R O P
Bales             Station              Rate               Bales            Station                  Rate
300                Hala                4250                 600            Hasil Pur                4800
200                Rohri               4850                 800            Haroonabad               4900
800                Burewala        4550 / 4650              200            Maroot                   4925
400                Chichawatni         4775                1200            Khan Pur                 5150
                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES       PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 31-12-14               2013 - 2014        10,073       01-08-14 to 31-12-14            2013-14          5,354
01-08-14 to 31-12-14               2014 - 2015       485,673       01-08-14 to 31-12-14            2014-15        325,459
                                   Total:-           495,746                                       Total;-        330,813
Authority of Pakistan                                            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 Oct., 2014                 23,945            Aug., to Oct.,2014        4,035,929
November, 2014                      15,541            November, 2014            1,332,141
                                    39,486            Total:-                   5,368,070

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

(ARRIVAL CROP 2014-15)                                                               (COMPOSITE EXCHANGE RATES)
As on December 15, 2014                                                                Date; January 03, 2015
                                     In Bales
                           Punjab                   Sindh           Pakistan
Total Arrivals          9,448,451               3,785,535         13,233,986
Sales to TCP               42,200                  19,400             61,600                   N/A
"to Exporters              51,420                 299,810            351,230
"to Mills               7,839,611               2,757,614         10,597,225
Unsold Stocks as on    15-12-2014                                  2,223,931         Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.12.2014
                                                            2014-15                                             2013-14
                                           PUNJAB            SINDH               TOTAL          PUNJAB           SINDH          TOTAL
Total Arrival:                          9,448,451        3,785,535            13,233,986     8,635,886       3,614,063     12,249,949
Difference in bales                       812,565          171,472               984,037
%                                           9.41             4.74                  8.03
Flow during this fortnight                950,322          137,959             1,088,281
Sales to TCP                               42,200           19,400                61,600
Sales to Exporters                         51,420          299,810               351,230        85,614         230,190        315,604
Sales to Mills                          7,839,611        2,757,614            10,597,225     7,216,014       2,746,282      9,962,296
Unsold stocks                                                                  2,223,931                                    1,971,849

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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