Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 10-7-214 : AsiaNet-Pakistan

Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 10-7-214

July 10, 2014 | General Business News | Share:

Karachi, July 10, 214 (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.
                                                                             09.07.214         Ex.Karachi
37.324 kg                  6 ,050            155           6,205                6,255              _50
Equivalent
40 kgs                     6 ,484            155           6,639                6,692              _53

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 Microaire 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; July 10,2014
                                                     2014 - 2015   N E W  C R O P

Bales           Station                       Rate            Bales         Station                   Rate
800             MirPurKhas                 60D0/6050          1600          Sanghar                 6050/6075
200             Hala                          6050            1000          Shahdad Pur             6050/6075
200             Golarchi                      6050            1200          Tando Adam              6050/6075
400             Tando Muhammad Khan           6050             400          Chichawatni               6200
200             Kotri                         6050             200          Burewala                  6300
400             Hyderabad                     6050             200          Sehiwal                   6300

                                                                  PART - III
                                                                  (EXPORTS)
egistration:-                                                           Shipments:-
PERIOD - (MY 2013-14)                       CROP              BALES      PERIOD- (MY 2013-14)           CROP           Bales
01-08-13 to  30-06-14                     2011 - 2012           500 
01-08-13 to  30-06-14                     2012 - 2013        51,580      01-08-13 to  30-06-14         2012-13        58,370
01-08-13 to  30-06-14                     2013 - 2014       618,875      01-08-13 to  30-06-14         2013-14       469,768
                                               Total;-      670,955                                     Total;-      538,138
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 April.,2014                                   227,535          Aug,to Feb.,2014            9,122,823
May,2014                                               10,919          March,2014                  1,325,882
                                                      238,454                           
                                                                                      Total:-     10,448,705
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2013-14)                                                     (COMPOSITE EXCHANGE RATES)
As on May 01, 2014(Final)                                                      Date; July 10, 2014
                                        In Bales
                        Punjab           Sindh        Pakistan
Total Arrivals         9,631,362        3,760,332     13,391,694           Country   selling     Buying      Sight 
Sales to TCP               -                -             -
"to Exporters            123,826          275,556        399,382             USA       98.60       98.40      98.20
"to Mills              9,230,582        3,353,914     12,584,496
Unsold Stocks as on 01-05-2014                           407,816       Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2013-14 AND 2012-13 AS ON 01.05.2014 (Final)
                                                         2013-14                                     2012-13

                                          PUNJAB         SINDH           TOTAL          PUNJAB         SINDH        TOTAL
Total Arrival:                           9,631,362     3,760,332       13,391,694     9,508,418     3,407,167     12,915,585
Difference in bales
%                                             1.29         10.37             3.69
Flow during this fortnight                    706           200               906
Sales to TCP                                   -             -                 -
Sales to Exporters                         123,826       275,556          399,382        207,967      145,378       353,345
Sales to Mills                           9,230,582     3,353,914       12,584,496      9,051,051    3,111,270    12,162,321
Unsold stocks                                                             407,816                                   399,919

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 10-7-214 appeared first on Business News Pakistan.

Tags:

Category: General Business News