Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 08-08-2014

Karachi, August 08, 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.
07.08.2014 Ex.Karachi
37.324 kg 5,250 150 5,400 5,500 – 100
Equivalent
40 kgs 5,626 160 5,786 5,894 -108

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; August 08, 2014
2014-2015-CROP
Bales Station Rate Bales Station Rate
1000 Kotri 5200/5300 1000 Bahawal Pur 5350
2000 MirPurKhas 5200/5300 800 Gojra 5350
2000 Sanghar 5200/5300 600 Vehari 5350
800 Hyderabad 5250/5300 800 Chichawatni 5350
2000 Shahdad Pur 5200/5300 400 Bahawal Nagar 5350
1400 Tando Adam 5250/5350 1400 Burewala 5350/5400
800 Hasil Pur 5350

PART – III
(EXPORTS)
Registration:- Shipments:-
PERIOD – (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales
01-08-13 to 30-06-14 2011 – 2012 500
01-08-13 to 30-06-14 2012 – 2013 51,580 01-08-13 to 30-06-14 2012-13 58,370
01-08-13 to 30-06-14 2013 – 2014 618,875 01-08-13 to 30-06-14 2013-14 479,768
Total;- 670,955 Total;- 538,138
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 May.,2014 238,454 Aug,to April.,2014 11,775,763
June,2014 15,850 May,2014 1,3287,824
254,304
Total:- 13,104,587
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final) Date; August 08,2014
In Bales
Punjab Sindh Pakistan
Total Arrivals 9,631,362 3,760,332 13,391,694 Country selling Buying Sight
Sales to TCP – – –
“to Exporters 123,826 275,556 399,382 USA 98.70 98.50 98.30
“to Mills 9,230,582 3,353,914 12,584,496
Unsold Stocks as on 01-05-2014 407,816 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014 (Final)
2013-14 2012-13
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,631,362 3,760,332 13,391,694 9,508,418 3,407,167 12,915,585
Difference in bales
% 1.29 10.37 3.69
Flow during this fortnight 706 200 906
Sales to TCP – – –
Sales to Exporters 123,826 275,556 399,382 207,967 145,378 353,345
Sales to Mills 9,230,582 3,353,914 12,584,496 9,051,051 3,111,270 12,162,321
Unsold stocks 407,816 399,919

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 08-08-2014 appeared first on Business News Pakistan.

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 08-08-2014 appeared first on AsiaNet-Pakistan.

Leave a Reply