Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 09-01-2015

Karachi, January 09, 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.
                                                                                08.01.2015          Ex.Karachi
37.324 kg                      4,900           150               5,050
Equivalent                                                                         5,050               NIL
40 kgs                         5,251           160               5,411             5,411               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.

                                                            PART -II
                                                     (DOMESTIC TRANSACTION)
                                                     Dated; January 07, 2015
                                                          2014-2015 C R O P
Bales              Station                 Rate               Bales           Station                     Rate
200                Dharki                  5000                400           Dera Ghazi Khan              5150
400                Vehari                  4800                800           Lodhran                      5150
1200               Haroonabad           4850/4950              800           Jahanian                     5150
600                Fort Abbas              4950                400           Sadiqabad                 5150/5200
400                Faqir wali              4950               1200           Rahim Yar Khan            5150/5200
400                Yazman Mandi            5150               2400           Karoor Pakka                 5200
                                                               500
                                                              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        349,009
                                   Total:-           495,746                                       Total;-        354,363
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 January 01, 2015                                                                Date; January 09, 2015
                                     In Bales
                          Punjab                  Sindh            Pakistan         Country     Selling    Buying       Sight
Total Arrivals         10,090,687               3,867,760         13,958,447
Sales to TCP               57,600                  35,100             92,700          USA       100.60     100.40       100.19
"to Exporters              58,505                 332,960            391,465
"to Mills               8,582,685               2,874,831         10,597,225
Unsold Stocks as on    01-01-2015                                  2,016,766         Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.01.2015
                                                            2014-15                                             2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH         TOTAL
Total Arrival:                           10,090,687        3,867,760            13,958,447     8,999,443       3,671,459     12,670,902
Difference in bales                       1,091,244          196,301             1,287,545
%                                            12.13             5.35                 10.16
Flow during this fortnight                  642,236           82,225               724,461
Sales to TCP                                 57,600           35,100                92,700
Sales to Exporters                           58,505          332,960               391,465        90,828         238,262        329,090
Sales Mills                              8 ,582,685        2,874,831            11,457,516     7,743,306       2,875,091     10,618,397
Unsold stocks                                                                    2,016,766                                    1,723,415

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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