Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 11-02-2015

Karachi, February 11, 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.
                                                                                10.02.2015           Ex.Karachi
37.324 kg                      4,950           150               5,100
Equivalent                                                                         5,050                NIL
40 kgs                         5,305           160               5,465             5,411                NIL

Valid for the day established by the Rates Committee at 12:00 Noon.

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; February 11, 2015
                                                          2014-2015 CROP
Bales             Station                 Rate               Bales          Station                 Rate
400               Rohri                   4750                400           Kabbir Wala             5000
400               Vehari                  4650               1485           Mian wali            5000 / 5200
800               Fort Abbas           4775/4885              400           Lodhran                 5100
400               Yazman Mandi            4835               2000           Jalal Pur               5100
400               Bahawal Pur             4835               1000           Liaquat Pur             5100
1000              Haroonabad           4900/5000             6000           Rahim Yar Khan       5150/5200
1000              Bahawal Pur             5000               1600           Dera Ghazi Khan         5200
1400              Khanewal                5000               1600           Jahanian                5275

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                          Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES       PERIOD- (MY 2014-15)            CROP             Bales
01-08-14 to 15-01-15               2013 - 2014        10,073       01-08-14 to 15-01-15            2013-14          5,354
01-08-14 to 15-01-15               2014 - 2015       514,941       01-08-14 to 15-01-15            2014-15        364,597
                                   Total:-           525,014                                       Total;-        369,951
Authority of Pakistan                                            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., to Nov., 2014                 39,486            Aug., to Oct.,2014        4,035,929
December, 2014                       8,462            November, 2014            1,332,141
                                    47,948            Total:-                   5,368,070

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                               (COMPOSITE EXCHANGE RATES)
As on February 01, 2015                                                                Date; February 03, 2015
                                     In Bales
                          Punjab                  Sindh            Pakistan         Country     Selling    Buying       Sight
Total Arrivals         10,500,097               3,935,105         14,435,202
Sales to TCP               59,200                  35,700             94,900          USA       101.10     100.90      100.69
"to Exporters              68,338                 378,008            420,214
"to Mills               9,439,033               3,124,179         12,055,555
Unsold Stocks as on    01-01-2015                                  1,330,744         Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.02.2015
                                                            2014-15                                             2013-14
                                           PUNJAB            SINDH                TOTAL          PUNJAB           SINDH          TOTAL
Total Arrival:                           10,500,097        3,935,105            14,435,202     9,362,185       3,738,227      13,100,412
Difference in bales                       1,137,912          196,878             1,334,790
%                                             12.15             5.27                 10.19
Flow during this fortnight                  160,087           24,143               184,230
Sales to TCP                                 59,200           35,700                94,900
Sales to Exporters                           68,338          378,008               446,346        96,290         246,862         343,152
Sales to Mills                            9,439,033        3,124,179            12,563,212     8,389,975       3,063,901      11,462,876
Unsold stocks                                                                    1,330,744                                     1,294,384

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 11-02-2015 appeared first on AsiaNet-Pakistan.

Leave a Reply