Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 28-10-2014 : AsiaNet-Pakistan

Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 28-10-2014

October 28, 2014 | General Business News | Share:

Karachi, October 28, 2014 (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.
                                                                             27.10.2014          Ex.Karachi

37.324 kg                   5,100            150             5,250              5,250               NIL
Equivalent
40 kgs                      5,466            160              5,626             5,626               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; October 28,2014
                                                        2014- 2015  C R O P

Bales           Station                  Rate              Bales         Station                Rate
2000            Khair Pur            5225 / 5250            800          Shujabad               5250
3000            Upper Sindh          5225/  5250            400          Uch Sharif             5250
200             Dunga                  5200                 400          Chichawatni            5250
200             Tibba Sultan           5200                 200          Kacha Kho              5250
800             Sahiwal                5200                 lO00         Rajan Pur              5275
800             Yazman Mandi          5225/ 5250            1800         Fazil Pur              5275
1000            Bahawal Pur           5225/ 5250            800          Ali Pur                5275
1000            Mian Chano            5225/ 5250            1200         Dera Gazi khan       5250/5300
1000            Khanewal              5225/ 5250            1000         AhmedPur               5275
1000            Haroonabad            5250                  600          Mian wali              5300
1000            Khanewal             5225  /5275            800          Sadiqabad              5300
800             Faqir wali             5250                 600          Rahim yar Khan         5300
400             FortAbbas              5250                 1200         Layyah              5275/5325
1000            Hasil Pur              5250                 1000         Burewala               5250
400             Toba Tek Singh         5250                 1000         Kabir wala          5250 /5275
800             Lodhran                5250

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)            CROP               BALES          PERIOD- (MY 2014-15)           CROP           Bales
01-08-14 to 23-09-14            2013 - 2014          4,250
01-08-14 to 23-09-14            2014 - 2015        161,818          01-08-14 to 23-09-14          2013-14        4,207

                                                                    01-08-14 to 23-09-14          2014-15       72,066 
                                       Total;-      166,068                                        Total;-      76,273
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 June,2014                                      254,304       Aug,to July,2014                15,702,309
July,2014                                                6,335       Non Listed Mill Consumption         17,647
                                                       260,639
                                                                                             Total:- 15,719,656
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on October 15, 2014                                                      Date; October 28,2014
                                In Bales
                        Punjab             Sindh         Pakistan
Total Arrivals         2,745,404       2,598,980        5,344,384      Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters            9,000           185,470          194,470       USA      102.90       102.70     102.49
"to Mills             2,193,438         1,879,342        4,072,780
Unsold Stocks as on 15-10-2014                           1,077,134   Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.10.2014
                                                         2014-15                                 2013-14

                                         PUNJAB        SINDH            TOTAL          PUNJAB       SINDH       TOTAL
Total Arrival:                         2,745,404       2,598,980       5,344,384       Data was not collected last year
Difference in bales
%                                                             
Flow during this fortnight                766,113        443,175       1,209,288
Sales to TCP                                 -             -                -
Sales to Exporters                          9,000          185,470        194,470
Sales to Mills                          2,193,438        1,879,342      4,072,780
Unsold stocks                                                           1,077,134

For more information, contact:l
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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