Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 28-11-2013 : AsiaNet-Pakistan

Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 28-11-2013

November 28, 2013 | General Business News | Share:

Karachi, November 28, 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.
                                                                             27.11.2013         Ex.Karachi
37.324 kg
                           6,400             155             6,555              6,505               -50
Equivalent
40 kgs                     6,859             155             7,014             6,960               -54
                                 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: November 28, 2013
                                                     2013 - 2014 CROP 
Bales   Station                    Rate              Bales         Station             Rate
1000    Kot Ghulam Muhammad        4525              800         Kehror Pakka          6425
1600    Shahdad Pur              4525/6000           2800        Yazman Mendi        6475/6500
1800    Sanghar                  5575/5850           2400        Tonsa Sharif        6475/6500
600     Shah pur Chakar            6100              1200        Lodhran             6490/6500
400     Silan wali                 6300              2200        JalalPur            6490/6500
400     Chichawatni                6300              600         Kabir wala            6500
800     Shujabad                 6400/ 6490          13000       Khanewal              6500
600     Khichi wala                6400              1200        Shadan Lund           6500
2000    Bahawal pur                6400              1000        Burewala              6500
600     Vahari                     6400              400         Feroza                6500
400     Fort Abbad                 6400              800         Liaquat Pur           6500
800     Noor Pur                   6400              700         Rahim yarkhan       6500/6550
3400    Ahmed Pur                6400 / 6475         2000        Ali Pur               6550
4400    Faqir wali                 6450              2000        Pajan Pur             6600
3400    Haroonabad               6450 / 6500         2600        Mian wali           6625 /6650

                                                          PART - III
                                                          (EXPORTS)
Registration:-                                                               Shipments:-
PERIOD - (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; November 28, 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         108.00   107.80   107.58
"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

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Category: General Business News