Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 18-12-2014

Karachi, December 18, 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.
                                                                            17.12.2014          Ex.Karachi
37.324 kg                   4,700            150            4,850              4,850              NIL

Equivalent 
40 kgs                      5,037            160            5,197              5,197              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 18,2014
                                                          2014-2015 C R O P
Bales                Station                   Rate             Bales           Station                    Rate
1000                 TandoAdam               3500/3600          1000             Rahiim yarKhan         4850/4950
1000                 ShahdadPur              3500/3600          1000             Sadiqabad              4850/5000

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES       PERIOD- (MY 2014-15)           CROP          Bales
01-08-14 to 07-12-14            2013 - 2014           10,073
01-08-14 to 07-12-14            2014 - 2015          424,071     01-08-14 to  15-12-14          2013-14          5,354

                                                                  01-08-14 to 15-12-14          2014-15        316,917
                                       Total;-       434,144                                       Total;-     322,271
Source: Trade Development Authority of Pakistan                         Source: Trade Development Authority of Pakistan

                         PART -IV                                          PART - V
                         (IMPORTS)                               (Mills Consumption of Raw Cotton)
                                                                   Cotton Season 20143-2015

PERIOD - (MY 2014-15)                               Qty. in MT                 Month                     Bales
Aug,to Sept.,2014                                                         Aug,to Oct,2014              4,035,929
October,2014                                           16,132             November,2014                1,332,141
                                                        7,813
                                                       23,945                                  Total:- 5,368,070

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on December 01, 2014                                                      Date; December 18,2014
                                   In Bales
                        Punjab              Sindh          Pakistan
Total Arrivals          8,498,129           3,647,576      10,145,705       Country    selling       Buying     Sight
Sales to TCP                -                   -               -
"to Exporters              43,120             269,710         312,830          USA      100.30       100.10     99.89
"to Mills               6,763,644           2,612,046       9,375,690
Unsold Stocks as on  01-12-2014                             2,444,785         Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.12.2014
                                                         2014-15                                    2013-14
                                         PUNJAB          SINDH          TOTAL          PUNJAB         SINDH          TOTAL
Total Arrival:                          8,498,129      3,647,576      12,145,705     7,565,861      3,479,480       11,045,341
Difference in bales                       932,268        168,096       1,100,364
%                                          12.32           4.83             9.96
Flow during this fortnight              1,512,916        194,716       1,707,632
Sales to TCP                                 -              -               -
Sales to Exporters                         43,120        269,710         312,830         69,950          204,424        274,374
Sales to Mills                          6,763,644      2,612,046       9,375,690      6,154,885        2,574,251      8,729,136
Unsold stocks                                                          2,444,785                                      2,041,831

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 18-12-2014 appeared first on AsiaNet-Pakistan.

Leave a Reply