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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 27-10-2014

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by October 27, 2014 General

Karachi, October 27, 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.
                                                                             26.10.2014          Ex.Karachi

37.324 kg                   5,600           150           5,750                5,750               NIL
Equivalent
40 kgs                      6,002           160           6,162                6,162               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; October 27,2014
                                                        2014- 2015  C R O P

Bales           Station                  Rate              Bales         Station                Rate
3200            Shahdad Pur              5600              1200          Burewala            5675 / 5700
2400            Tando Adam               5600              400           Bahawal Nagar          5700
1000            Hyderabad                5600              200           Chak Jhumra            5700
2400            Mir Pur Khas             5600              200           Faqir wali             5700
800             Kotri                    5600              1000          Chistian               5700
3000            Sanghar                  5600              1000          Mian Chano             5700
600             Vehari                5650/5660            1400          Haroonabad             5700
400             Duniya Pur            5650/5675            400           Chinute            5700 / 5725
200             PakPattan                5660              1200          Khanewal               5750
200             Jahania                  5675

                                                              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
01-08-13  to 31-07-14          2014 - 2015                12,843    01-08-13 to 31-07-14   2013-14      479,768
                                  total:-                689,138                          Total:-       538,138
Source: Trade Deve1oment Authority af 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            13,104,587
July,2014                                                6,335       June,2014                   1,327,941
                                                       260,639
                                                                                           Total:- 14,432,528
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on May 01,2014(Final)                                                     Date; October 27,2014
                                In Bales
                        Punjab             Sindh         Pakistan
Total Arrivals        9,631,362         3,760,332      13,391,694      Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters           123,826           275,556        399,382        USA     101.00       100.80     102.59
"to Mills             9,230,582         3,353,914     12,584,496
Unsold Stocks as on 01-15-2014                           407,816    Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2013-14 AS ON 01.05.2014(Final)
                                                         2013-14                                  2012-13

                                         PUNJAB        SINDH            TOTAL          PUNJAB       SINDH       TOTAL
Total Arrival:                         9,631,362     2,598,980        5,344,384       9,508,418   3,407,167  12,915,585
Difference in bales
%                                           1.29         10.37             3.69
Flow during this fortnight                   706           200              906
Sales to TCP                                 -             -                -
Sales to Exporters                       123,826         275,556         399,382        207,967      145,378      353,345
Sales to Mills                         9,230,582       3,353,914      12,584,496      9,051,051    3,111,270   12,162,321
Unsold stocks                                                            407,816                                  399,919

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 27-10-2014 appeared first on Business News Pakistan.

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 27-10-2014 appeared first on AsiaNet-Pakistan.

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