Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 12-12-2013
Karachi, December 12, 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. 11.12.2013 Ex.Karachi 37.324 kg 6,450 155 6,605 6,605 Nil Equivalent40 kgs 6,912 155 7,067 7,067 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 12, 2013 2013 - 2014 CROP Bales Station Rate Bales Station Rate 1000 Khair Pur 6400 400 Chistian 6450 1000 Khair Pur (BCI) 6425/6450 3000 Haroonabad 6450/6475 1000 Upper Sindh (BCI) 6550 400 Dera Ghazi Khan 6500 1000 Jhang 6450 800 Khanewal 6500 1200 Bahawal Pur 6450 1400 Sadiqabad 6650/6700 400 Multan 6450 3800 Mian Wali 6650/6750 400 Tipu Sultan Pur 6450 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 to September, 2013 17,809 Aug, to July, 2013 12,881,436 October, 2013 9,336 Non Listed Mill Consumption 1,958,982 27,145 Total:- 14,840,418 Source: Pakistan Bureau of Statistics Source: Textile Commissioner's Organization (ARRIVAL CROP 2013-14) (COMPOSITE EXCHANGE RATES) As on December 01, 2013 Date; December 12, 2013 In Bales Punjab Sindh Pakistan Country Selling Buying Sight Total Arrivals 7,565,861 3,479,480 11,045,341 Sales to TCP - - - "to Exporters 69,950 204,424 274,374 USA 107.10 106.90 106.68 "to Mills 6,154,885 2,574,251 8,729,136 Unsold Stocks as on 01-12-2013 2,041,831 Source: National Bank of Pakistan Source: PCGA SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.12.2013 2013-14 2012-13 PUNJAB SINDH TOTAL PUNJAB SINDH TOTAL Total Arrival: 7,565,861 3,479,480 11,045,341 6,605,379 2,977,181 9,582,560 Difference in bales % +14.54 +16.87 +15.27 Flow during this fortnight 1,361,527 165,684 1,527,211 Sales to TCP - - - Sales to Exporters 69,950 204,424 274,374 33,300 126,440 159,740 Sales to Mills 6,154,885 2,574,251 8,729,136 5,395,499 2,254,874 7,650,373 Unsold stocks 2,041,831 1,772,447
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
Category: General Business News