Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 20-12-2013 : AsiaNet-Pakistan

Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 20-12-2013

December 20, 2013 | General Business News | Share:

Karachi, December 20, 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.
                                                                             19.12.2013         Ex.Karachi
37.324 kg
                           6,600             155             6,755             6,755               NIL
Equivalent 40 kgs
                           7,073             155             7,228             7,228               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 20, 2013
                                                2013 - 2014 CROP 
Bales      Station                      Rate                        Bales      Station                                        Rate
1000       Khair Pur (BCI)           6500 / 6550                     400       Basti Malook                                   6600
400        Gojra                        6500                         400       Shor Kot                                       6600
200        Multan                       6500                         400       Garha Mor                                      6600
400        Khacha kho                   6550                        2200       Rajan Pur                                      6650
600        Ghazi Ghat                   6550                         800       Shadan Lund                                    6700
400        Fort Abbas                   6550                         800       Tonsa Sharif                                   6700
1200       Ahmed Pur                 6575 / 6600                     400       Liaquat Pur                                    6700
600        Bahawal Pur                  6600                        1000       Mian wali                                      6800
400        Dera Ghazi Khan              6600                        2600       Rahim yar Khan                                 6800
400        Jalal Pur                    6600                         800       Bahawal Pur (Credit)                        6850 / 6900
2200       Yazman Mandi                 6600

                                                          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 to September, 2013                  17,809            August, 2013                      985,882
October, 2013                                     9,336            September, 2013                   984,471
                                                 27,145            October, 2013                     987,294
                                                                                  Total:-          2,857,647
Source: Pakistan Bureau of Statistics                               Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                      (COMPOSITE EXCHANGE RATES)
As on December 15, 2013                                                       Date; December 20, 2013
                               In Bales
                       Punjab           Sindh       Pakistan           Country    Selling   Buying    Sight
Total Arrivals       8.635,886       3,614,063    12,249,949
Sales to TCP                 -               -             -
"to Exporters           85,614         230,190       315,804           USA         106.00   105.80    105.58
"to Mills             7,216,014      2,746,182     9,962,296
Unsold Stocks as on 15-12-2013                     1,971,849           Source:  National Bank of Pakistan
Source: PCGA
                                 SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 15.12.2013
                                                2013-14                                     2012-13
                                   PUNJAB        SINDH        TOTAL            PUNJAB        SINDH          TOTAL
Total Arrival:                   8,635,886     3,614,063   12,249,949        7,645,861      3,123,000     10,768,861
Difference in bales
%                                   +12.95        +15.72       +13.75
Flow during this fortnight       1,070,025       134,583    1,204,608
Sales to TCP                             -             -            -
Sales to Exporters                  85,614       230,190      315,804           41,100        130,846        171,946
Sales to Mills                   7,216,014     2,746,282    9,962,296        5,395,499      2,426,227      8,853,314
Unsold stocks                                               1,971,849                                      1,743,601

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

Tags:

Category: General Business News