Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 10-09-2014

Karachi, September 10, 2014 (PPI-OT):

                                                       CROP 213-214
                                                         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.
                                                                             09.09.214          Ex.Karachi
37.324 kg                   5,600            150           5,750                5,750           NILL
Equivalent
40 kgs                      6,002            160           6,162                6,162           NILL

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; September10,2014
                                                           2014-2015-CROP

Bales                     Station                 Rate             Bales       Station              Rate
400                        Shah Pur Chakar        5625             400         Vehari               5725
1400                       MirPurKhas          5625/ 5650          200         Shadan Lund          5740
1200                       Shahdad Pur         5625 /5650          400         Haroonabad           5750
600                        Sarhari             5625/ 5650          200         Samundri             5750
200                        Kazi Ahmed             5640             200         Gojra                5750
200                        Nawab Shah             5650             200         Arifwala             5750
1600                       Tando Adam             5650             200         Kasso wal            5750
600                        Rohri                  5650             200         Hasil Pur            5750
800                        Chichawatni         5700/5750           200         Jahania              5750
600                        Burewala            5700/5750           200         Multan               5750

                                                              PART - III
                                                               (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2013-14)            CROP               BALES          PERIOD- (MY 2013-14)           CROP           Bales
01-08-13 to 31-07-14            2011 - 2012           500
01-08-13 to 31-07-14            2012 - 2013        51,580          01-08-13 to 31-07-14          2012-13        58,370
01-08-13 to 31-07-14            2013 - 2014       624,215     
                                2014 - 2015        12,843          01-08-13 to 31-07-14          2013-14       479,768 
                                       Total;-    689,138                                        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 June.,2014                                      254,304          Aug,to May,2014           13,112,650
July,2014                                                 6,335          June, 2014                 1,295,541
                                                        260,639
                                                                                           Total:-    14,408,191
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on September 01, 2014                                                     Date; September 10,2014
                                        In Bales
                        Punjab           Sindh        Pakistan
Total Arrivals         810,316          951,966        1,762,282          Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters                            56,875          56,875             USA      101.70      101.50     101.29
"to Mills              728,387          795,467       1,523,854
Unsold Stocks as on 01-09-2014                          181,553          Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.09.2014
                                                         2013-14                                     2012-13 
                                          PUNJAB         SINDH            TOTAL       PUNJAB       SINDH       TOTAL
Total Arrival:                           810,316        951,966          1,762,282    644,357    1,081,496    1,725,853
Difference in bales
%                                          25.76          -11.98               2.11
Flow during this fortnight                810,316        951,966          1,762,282
Sales to TCP                                 -             -                -
Sales to Exporters                           -            56,875             56,875      5,400      64,254        69,654
Sales to Mills                            728,387        795,467          1,523,854    550,810     884.959     1,435,769
Unsold stocks                                                               181,553                              220,430

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 10-09-2014 appeared first on Business News Pakistan.

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 10-09-2014 appeared first on AsiaNet-Pakistan.

Leave a Reply