Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 21-08-2014

Karachi, August 21, 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.
20.08.2014 Ex.Karachi
37.324 kg 5,400 150 5,550 5,550 NIL
Equivalent
40 kgs 5,787 160 5,947 5,947 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: August 21, 2014
2014-2015-CROP
Bales Station Rate Bales Station Rate
200 Golarchi 5450 400 Bahawal Pur 5550
400 Shah Pur Chakar 5450/5500 400 Gojra 5550/5600
600 Kotri 5450/5500 1000 Burewala 5550/5600
1000 Hyderabad 5450/5500 800 Vehari 5550/5600
1600 MirPurKhas 5450/5500 1000 Haroonabad 5550/5600
2200 Sanghar 5450/5500 800 Chichawatni 5550/5600
2000 Shahdad Pur 5450/5500 600 Shujabad 5550/5600
1200 Tando Adam 5450/5500 1000 Khanewal 5550/5600

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 2013-14 479,768
12,843 Total;- 538,138
Total;- 689,138
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 May.,2014 238,454 Aug,to May,2014 13,104,587
June,2014 15,850 June, 2014 1,327,941
254,304
Total:- 14,432,528
Source: Pakistan Bureau of Statistics Source: Textile Commissioner’s Organization

(ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final) Date; August 21,2014
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 100.50 100.30 100.09
“to Mills 9,230,582 3,353,914 12,584,496
Unsold Stocks as on 01-05-2014 407,816 Source: National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014 (Final)
2013-14 2012-13
PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL
Total Arrival: 9,631,362 3,760,332 13,391,694 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 21-08-2014 appeared first on Business News Pakistan.

The post Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 21-08-2014 appeared first on AsiaNet-Pakistan.

Leave a Reply