Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 22-05-2015

Karachi, May 22, 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.
21.05.2015           Ex.Karachi
37.324 kg                   5,500             150              5,650
Equivalent                                                                        5,650                 NIL
40 kgs                      5,894             160              6,054              6,054                 NIL
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 limits will be published in the DMR of the Association every Mondy or on Tuesday.if Monday happens to be a closed holiday.
PART -II
(DOMESTIC TRANSACTION)
Dated; May 22, 2015
2014-2015 CROP
Bales     Station                     Rate              Bales           Station                       Rate
200       Sanghar                     4300              1000            Khan Pur                   5600/5700
200       Vehari                      4900              1000            Yazman Mandi               5800(Condition)
400       Burewala                    5600
PART - III
(EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES            PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 15-04-15            2013 - 2014            10,073           01-08-14 to 15-04-15           2013-14           10,170
01-08-14 to 15-04-15            2014 - 2015           594,961           01-08-14 to 15-04-15           2014-15          501,196
Total:-            605,034                                           Total;-         511,366
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 Feb., 2015           78,902             Aug., 14 to Jan.,2015         8,003,964
March, 2015                      30,337             February, 2015                1,318,471
109,239             Total                         9,322,435
Source: Pakistan Bureau of Statistics
(ARRIVAL CROP 2014-15)                                         (COMPOSITE EXCHANGE RATES)
As on May 01, 2015 (Final)                                          Date; May 22, 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        101.80    101.60       101.39
" 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