Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 05-12-2013

Karachi, December 05, 2013 (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.
                                                                             04.12.2013         Ex.Karachi
37.324 kg
                           6,400             155             6,555             6,555               NIL
Equivalent40 kgs
                           6,859             155             7,014             7,014               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: December 05, 2013
                                        2013 - 2014 CROP 
Bales      Station                    Rate               Bales      Station                    Rate
400        Shahdad Pur                5500                 400      Madrasa                    6475
800        Khair Pur                  6200                 400      Duniya Pur                 6500
1000       KhairPur(BCI)              6300                1000      Shujabad                   6500
1600       Upper Sindh (BCI)          6400                1000      Noor Pur                   6500
400        Vehari                     6300                1000      Noor Pur(BCI)              6550
400        Sahiwal                    6300                 400      Muhammad Pur Dewan         6500
400        Gojra                      6300                3000      Khan Pur                   6550
800        Khanewal                6300/6400               800      Chani Goth                 6550
400        Daran wala                 6350                 600      Liaquat Pur                6550
1800       Faqir wali                 6400                 800      Layyah                     6560
3000       Haroonabad                 6400                 800      Rajan Pur                  6600
400        Bahawal Nagar              6400                 400      Fazil Pur                  6600
1000       Bahawal Pur             6400/6550              2600      Mian Wali               6625/6700
400        Yazman mandi               6450                1000      RYK                     6500/6550
600        Ahmed Pur               6450/6500               800      SDK                     6500/6550

                                                          PART - III
                                                          (EXPORTS)
Registration:-                                               Shipments:-
PERIOD - (MY 2013-14)             CROP            BALES       PERIOD- (MY 2013-14)         CROP         Bales
01-08-13 to 23-10-13         2011 - 2012            500
01-08-13 to 23-10-13         2012 - 2013         49,920      01-08-13 to 23-10-13       2012-13        55,852
01-08-13 to 23-10-13         2013 - 2014        186,970      01-08-13 to 23-10-13       2013-14        89,202
                                  Total:-       237,390                                   Total;-     145,054
Source: Trade Development Authority of Pakistan              Source: Trade Development Authority of Pakistan

        PART -IV                                                                      PART - V
       (IMPORTS)                                                          (Mills Consumption of Raw Cotton)
                                                                                Cotton Season 2012-2013
PERIOD - (MY 2013-14)                          Qty. in MT               Month                         Bales
August, 2013 to September, 2013                  17,809            Aug, to July, 2013               12,881,436
October, 2013                                     9,336            Non Listed Mill Consumption       1,958,982
                                                 27,145                         Total:-             14,840,418
Source: Pakistan Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                      (COMPOSITE EXCHANGE RATES)
As on December 01, 2013                                                       Date; December 05, 2013
                                   In Bales
                       Punjab           Sindh       Pakistan           Country    Selling   Buying    Sight
Total Arrivals        7,565,861       3,479,480   11,045,341
Sales to TCP                 -            -            -
"to Exporters            69,950         204,424      274,374           USA         108.40   108.20   107.98
"to Mills             6,154,885       2,574,251    8,729,136
Unsold Stocks as on 01-12-2013                     2,041,831           Source:  National Bank of Pakistan
Source: PCGA
                                 SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.12.2013
                                                2013-14                                     2012-13
                                   PUNJAB        SINDH        TOTAL            PUNJAB        SINDH          TOTAL
Total Arrival:                   7,565,861     3,479,480   11,045,341        6,605,379      2,977,181     9,582,560
Difference in bales
%                                   +14.54        +16.87       +15.27
Flow during this fortnight       1,361,527       165,684    1,527,211
Sales to TCP                         -              -           -
Sales to Exporters                  69,950       204,424      274,374           33,300        126,440       159,740
Sales to Mills                   6,154,885     2,574,251    8,729,136        5,395,499      2,254,874     7,650,373
Unsold stocks                                               2,041,831                                     1,772,447

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

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 05-12-2013 appeared first on AsiaNet-Pakistan.

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