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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 14-02-2014

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by February 14, 2014 General

Karachi, Febuary 14, 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.
13.02.2014 Ex.Karachi
37.324 kg 7,000 155 7,155 7,155 NIL
Equivalent
40 kgs 7,502 155 7,657 7,657 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 Margine 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 happenens to be a closed holiday.

PART – II
(DOMESTIC TRANSACTION)
Dated: Fabuary 14, 2014
2013 – 2014 CROP
Bales Station Rate Bales Station Rate
800 MirPurKhas 6100 400 Haroonabad 6950
400 FortAbhas 6875 1000 Faqirwali 6950/7000
600 Yazman mandi 6875 300 Shah Jamal 7200
200 Vehari 6900 800 Shiujabad 7200
Multan 6900 200 Fazil Pur 7200

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 2013-2014
PERIOD – (MY 2013-14) Qty. in MT Month Bales
Aug.,to Nov.,2013 36,763 Aug,to Nov.,2013 3,945,882
December,2013 24,291
61,054 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 Fabuary 01, 2014 Date; Fabuary 14, 2014
In Bales
Punjab Sindh Pakistan Country Selling Buying Sight
Total Arrivals 9,362,185 3,738,227 13,100,412
Sales to TCP – – –
“to Exporters 96,290 246,862 343,152 USA 104.90 104.48 104 .78
“to Mills 8,398,975 3,063,901 11,462,876
Unsold Stocks as on 01-02-2014 1,294,384 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.02.2014
2013-14
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,362,185 3,738,227 13,00,412 9,031,435 3,346,806 12,378,241
Difference in bales
% +3.66 +11. 70 +5.83
Flow during this fortnight 199,402 18,047 217,449
Sales to TCP – – –
Sales to Exporters 96,290 246,862 343,152 101,740 139,146 240,886
Sales to Mills 8,398,975 3,063,901 11,462,876 7,883,297 2,815,337 10,698,634
Unsold stocks 1,294,384 1,438,721

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 14-02-2014 appeared first on AsiaNet-Pakistan.

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