Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 02-12-2013

Karachi, December 02, 2013 (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.
                                                                             30.11.2013         Ex.Karachi
37.324 kg
                           6,400             155             6,555             6,555               NIL
Equivalent40 kgs
                           6,859             155             7,014             7,014               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: December 02, 2013
                                                     2013 - 2014 CROP 
Bales      Station                   Rate               Bales         Station                    Rate
         
1000       KhairPur                6200/6300            1000          Maroot                     6400
1000       Upper Sindh (BCI)         6400               400           Vehari                     6400
400        Hasil Pur                 6300               5000          Faqir wali               6400/6450
400        Chistian                  6300               2800          Haroonabad               6400/6450
400        Mailsi                    6350               400           Muhammad Pur Dewan         6500
400        Kahrorpakka               6350               1000          Rahim Yar Khan             6500
400        Khanewal                  6350               1600          Mian Wali                  6650
400        Garah Mor                 6400
                                                          PART - III
                                                          (EXPORTS)
Registration:-                                                               Shipments:-
ERIOD - (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 2012-2013
PERIOD - (MY 2013-14)                          Qty. in MT               Month                        Bales
August, 2013                                      9,076            Aug, to July, 2013               12,881,436
September, 2013                                   8,733            Non Listed Mill Consumption       1,958,982
                                                                                Total:-             14,840,418
Source: Pakistan Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2013                                                       Date; December 02, 2013
                                   In Bales
                       Punjab           Sindh       Pakistan           Country    Selling   Buying   Sight
Total Arrivals        6,204,334        3,313,796    9,518,130
Sales to TCP                 -            -            -
"to Exporters            50,270          186,450      236,720           USA         108.30   108.10   107.88
"to Mills             4,896,437        2,409,688    7,306,125
Unsold Stocks as on 15-11-2013                      1,975,285           Source:  National Bank of Pakistan
Source: PCGA
                                        SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.11.2013
                                                2013-14                                     2012-13
                                   PUNJAB        SINDH        TOTAL            PUNJAB        SINDH          TOTAL
Total Arrival:                   6,204,334     3,313,796    9,518,130        5,723,266      2,795,809     8,519,075
Difference in bales
%                                    +8.41        +18.53       +11.73
Flow during this fortnight       1,625,700       286,167    1,911,867
Sales to TCP                         -              -           -
Sales to Exporters                  50,270       186,450      236,720           20,688        122,040       142,728
Sales to Mills                   4,896,437     2,409,688    7,306,125        4,600,611      2,059,052     6,659,663
Unsold stocks                                               1,975,285                                     1,716,684

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 02-12-2013 appeared first on AsiaNet-Pakistan.

Leave a Reply