Skip to Content

Tuesday, December 12th, 2017

Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 22-10-2014

Be First!
by October 22, 2014 General

Karachi, October 22, 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.
21.10.2014          Ex.Karachi
37.324 kg                   5,100           150           5,250                5,350               100
Equivalent
40 kgs                      5,466           160           5,626                5,733               107
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; October 22,2014
2014- 2015  C R O P
Bales           Station                  Rate              Bales         Station                Rate
2000            Khair Pur                5200              600           Tonsa Sharif           5200
3000            Upper Sindh           5175/5200            600           Faqirwali              5200
200             Bahawal Pur              5150              600           Yazman Mandi           5200
600             Vehari                   5150              1600          Haroonabad             5200
1200            Chistian                 5150              1400          Ahmed Pur              5200
600             Burewala                 5150              800           Bakhar                 5200
400             Hasil Pur                5150              600           Rahim Yar Khan         5250
400             Mian Chano               5150              800           Lodhran                5250
3000            Chichewatni           5150/5250            1000          Rajan Pur              5250
800             Fort Abbas            5175/5200            4600          Ali Pur                5250
600             Dahran wala              5175              3000          Layyah                 5250
200             Sahiwal                  5175              2000          Dera Ghazikhan         5250
200             Chinute                  5200              2400          Khanewal               5300
200             Khichi wala              5200
PART - III
(EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)            CROP               BALES          PERIOD- (MY 2014-15)           CROP           Bales
01-08-14 to 23-09-14            2013 - 2014          4,250
01-08-14 to 23-09-14            2014 - 2015        161,818          01-08-14 to 23-09-14          2013-14        4,207
01-08-14 to 23-09-14          2014-15       72,066 
Total;-      166,068                                        Total;-      76,273
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 July,2014(p)             15,702,309
July,2014                                                6,335       Non Listed Mill consumption      17,647
260,639
Total:- 15,719,956
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization
(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on October 15, 2014                                                     Date; October 22,2014
In Bales
Punjab             Sindh         Pakistan
Total Arrivals         2,745,404          2,598,980      5,344,384       Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters              9,000            185,470        194,470         USA     102.70      102.50     102.29
"to Mills              2,193,438          1,879,342      4,072,780
Unsold Stocks as on 15-10-2014                           1,077,134     Source:  National Bank of Pakistan
Source: PCGA
SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.10.2014
2014-15                                  2013-14
PUNJAB         SINDH            TOTAL        PUNJAB       SINDH       TOTAL
Total Arrival:                          2,745,404      2,598,980       5,344,384        Data was not collected last year
Difference in bales
%
Flow during this fortnight                766,113         443,175      1,209,288
Sales to TCP                                 -             -                -
Sales to Exporters                          9,000        185,470        194,470
Sales to Mills                          2,193,438      1,879,342      4,072,780
Unsold stocks                                                         1,077,134

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 22-10-2014 appeared first on Business News Pakistan.

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 22-10-2014 appeared first on AsiaNet-Pakistan.

Previous
Next

Leave a Reply