Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 20-01-2015

Karachi, January 20, 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.
                                                                                12.01.2015           Ex.Karachi
37.324 kg                      4,850           150               5,000
Equivalent                                                                         5,000                 NIL
40 kgs                         5,198           160               5,358             5,358                 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 20, 2015
                                                          2014-2015 CROP
Bales             Station                 Rate               Bales          Station                 Rate
400               TAndo Adam              3800 (Condition)    400           Faqir Wali              4850
400               Moro                    4690                200           Kachi Wala              4850
1000              Shahdad Pur         4000 / 4900             600           Ahmed Pur               4900
600               Vehari              4600 / 4825             400           Mian Wali               4975
400               Fort Abbad              4850                600           Dera Ghazi Khan         5100

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES       PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 15-01-15               2013 - 2014        10,073       01-08-14 to 07-01-15            2013-14          5,354
01-08-14 to 15-01-15               2014 - 2015       514,941       01-08-14 to 07-01-15            2014-15        364,597
                                   Total:-           525,014                                       Total;-        369,179
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 20, 2015
                                     In Bales
                          Punjab                  Sindh            Pakistan         Country     Selling    Buying       Sight
Total Arrivals         10,340,010               3,910,962         14,250,972
Sales to TCP               59,200                  94,900             94,900          USA       100.60     100.40       100.19
"to Exporters              61,005                 420,214            420,214
"to Mills               9,066,870               2,988,685         12,055,555
Unsold Stocks as on    01-01-2015                                  1,680,303         Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.01.2015
                                                            2014-15                                             2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH          TOTAL
Total Arrival:                           10,340,010        3,910,010            14,250,972     9,162,783       3,720,180      12,882,963
Difference in bales                       1,177,227          190,227             1,368,009
%                                            12.85             5.13                 10.62
Flow during this fortnight                  249,323           43,202               292,525
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           61,505          359,209               420,214        94,576         243,962         338,538
Sales to Mills                            9,066,870        2,988,685            12,055,555     8,045,152       2,970,937      11,016,089
Unsold stocks                                                                    1,680,303                                     1,528,336

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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