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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 28-11-2014

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by November 28, 2014 General

Karachi, November 28, 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.
27,11.2014          Ex.Karachi
37.324 kg                   4,800             150            4,950              4,950             NIL
Equivalent
40 kgs                      5,144             160            5,304              5,304             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; November 28,2014
2014-2015 C R O P
Bales              Station                   Rate               Bales           Station                   Rate
1000               KhairPur                4590/4660            2400            BabawalPur             4950/5050
1000               Upper Sindh            4850 /4900            1000            Ahmed Pur                 5000
1400               Burewala                  4750               2000            Layyah                    5000
600                Bahawal Nagar             4800               2000            Rahim Yar Khan        5000 / 5050
600                Chistian                  4800               1000            Sadiqabad                 5000
400                Fiqir wali                4800               2000            Khan Pur              5025 / 5050
800                Maroot                    4850               1400            Fazil Pur             5025 / 5100
400                Multan                    4900               1200            Rajan Pur                5025
400                Haroonabed                4930                400            Mian Chano               5050
800                Shujabad                  4950               1000            Mian Wali             5100 / 5115
PART - III
(EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES          PERIOD- (MY 2014-15)           CROP          Bales
01-08-14 to 23-11-14            2013 - 2014           10,073
01-08-14 to 23-11-14            2014 - 2015          363,845         01-08-14 to 23-11-14          2013-14         5,354
01-08-14 to23-11-14          2014-15       266,803
Total;-       373,918                                        Total;-      272,157
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 2014-15)                               Qty. in MT                 Month                          Bales
Aug,to Sept.,2014                                                         Aug,to July,2014(p)              15,702,309
October,2014                                           16,132             Non Listed Mill consumption          17,647
7,813
23,945                                  Total:-     15,719,956
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization
(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2014                                                      Date; November 28,2014
In Bales
Punjab              Sindh          Pakistan
Total Arrivals          6,985,213           3,452,860      10,438,073    Country    selling       Buying     Sight
Sales to TCP               -                -             -
"to Exporters              29,820             244,160        273,980        USA      101.60       101.40     101.19
"to Mills               5,343,636           2,420,588      7,764,224
Unsold Stocks as on  15-11-2014                            2,399,869        Source:  National Bank of Pakistan
Source: PCGA
SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.11.2014
2014-15                                 2013-14
PUNJAB          SINDH          TOTAL          PUNJAB       SINDH       TOTAL
Total Arrival:                          6,985,213      3,452,860     10,438,-073      6,204,334    3,313,796  9,518,130
Difference in bales                       780,879        139,064        919,943
%                                          12.59           4.20           9.67
Flow during this fortnight              1,748,637        307,017      2,055,654
Sales to TCP                                 -              -              -
Sales to Exporters                         29,820         244,160       273,980          50,270       186,450         236,720
Sales to Mills                          5,343,636       2,420,558      7,764,224      4,896,437     2,409,688       7,306,125
Unsold stocks                                                          2,399,869                                    1,975,285

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 28-11-2014 appeared first on AsiaNet-Pakistan.

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