Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 19-03-2014
Karachi, March 19, 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. 18.03.2014 Ex.Karachi 37.324 kg 6,700 155 6,855 6,855 NIL Equivalent 40 kgs 7,180 155 7,335 7,335 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: March 19, 2014 2013 - 2014 CROP Bales Station Rate Bales Station Rate 200 Fort Abbas 6700 (Condition) 700 Lodhran 6750 (Condition) PART - III (EXPORTS) Registration:- Shipments:- PERIOD - (MY 2013-14) CROP BALES PERIOD- (MY 2013-14) CROP Bales 01-08-13 to 07-03-14 2011 - 2012 500 01-08-13 to 07-03-14 2012 - 2013 51,580 01-08-13 to 07-03-14 2012-13 58,370 01-08-13 to 07-03-14 2013 - 2014 512,113 01-08-13 to 07-03-14 2013-14 296,589 Total:- 564,193 Total:- 354,959 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 Dec., 2013 61,054 Aug,to Nov., 2013 3,945,882 January, 2014 62,639 123,693 December, 2013 1,000,000 Total:- 4,945,882 Source: Pakistan Bureau of Statistics Source: Textile Commissioner's Organization (ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES) As on March 15, 2014 Date: March 19, 2014 In Bales Punjab Sindh Pakistan Total Arrivals 9,614,295 3,755,332 13,369,627 Country Selling Buying Sight Sales to TCP - - - "to Exporters 106,517 263,156 369,673 USA 98.20 98.00 97.80 "to Mills 8,941,222 3,207,412 12,148,634 Unsold Stocks as on 15-03-2014 851,320 Source: National Bank of Pakistan Source: PCGA SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.03.2014 2013-14 2012-13 PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL Total Arrival: 9,614,295 3,755,332 13,369,627 9,445,703 3,399,367 12,845,070 Difference in bale % + 1.78 + 10.47 + 4.08 Flow during this fortnight 39,160 1,800 40,960 Sales to TCP - - - Sales to Exporters 106,517 263,156 369,673 185,753 143,178 328,931 Sales to Mills 8,941,222 3,207,412 12,148,634 8,609,207 308,826 11,618,033 Unsold stocks 851,320 898,106
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 19-03-2014 appeared first on AsiaNet-Pakistan.
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