Karachi, March 11, 2014 (PPI-OT):
CROP 2013-2014 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. 11.03.2014 Ex.Karachi 37.324 kg 6,850 155 7,005 7,005 NIL Equivalent 40 kgs 7,341 155 7,496 7,496 NIL Valid for the day established by the Rates Committee at 12:00 Noon. Grade and Staple Margins are notified below: 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: March 11, 2014 2013-2014 CR0P Bales Station Rate Bales Station Rate 1000 Hyderabad 6300 431 Karror Pakka 6800 200 Fort Abbas 6750 400 Hasil Pur 7000(Conditional) PART - III (EXPORTS) Registration:- Shipments:- PERIOD - (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales 01-08-13 to 28-02-14 2011 - 2012 500 01-08-13 to 28-02-14 2012 - 2013 51,580 01-08-13 to 28-02-14 2012-13 58,370 01-08-13 to 28-02-14 2013 - 2014 494,749 01-08-13 to 28-02-14 2013-14 280,917 Total:- 546,829 Total:- 339,287 Source: Trade Development Authority of Pakistan Source: Trade Development Authority of Pakistan PART -IV PART - V (IMPORTS) (Mills Consumption of Raw Cotton) Cotton Season 2013-2014 PERIOD - (MY 2013-14) Qty. in MT Month Bales Aug.,to Dec.,2013 61,054 Aug,to Nov.,2013 3,945,882 January,2014 62,639 123,693 December,2013 1,000,000 Total:- 4,945,882 Source: Pakistan Bureau of Statistics Source: Textile Commissioner's Organization (ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES) As on March 01, 2014 Date: March 11, 2014 In Bales Punjab Sindh Pakistan Country Selling Buying Sight Total Arrivals 9,575,135 3,753,532 13,328,667 Sales to TCP - - - "to Exporters 102,838 260,556 363,394 USA 99.70 99.50 99.30 "to Mills 8,806,608 3,159,691 11,966,299 Unsold Stocks as on 01-03-2014 998,974 Source: National Bank of Pakistan Source: PCGA SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.03.2014 2013-14 2013-14 PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL Total Arrival: 9,575,135 3,753,532 13,328,667 9,375,849 3,387,808 12,763,657 Difference in bales % +2.13 +11.80 +4.43 Flow during this fortnight 81,473 5,037 86,510 Sales to TCP - - - Sales to Exporters 102,838 260,556 363,394 166,096 143,178 309,274 Sales to Mills 8,806,608 3,159,691 11,966,299 8,342,069 2,948,167 11,290,236 Unsold stocks 998,974 1,164,147
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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