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Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 15-10-2014

Karachi, October 15, 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.
                                                                             14.10.2014          Ex.Karachi

37.324 kg                   5,200           150           5,350                5,350               NIL
Equivalent
40 kgs                      5,573           160           5,733                5,733               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 15,2014
                                                        2014- 2015  CROP

Bales           Station                  Rate              Bales        Station              Rate
600             Tando Adam            4800 / 4900          600          Faqir wali           5400
800             Sanghar               4600/  4900          600          Rahim yar khan       5404
600             Shahdad Pur           4800/  4900          600          Sadiqabad            5400
2000            Khair Pur             5350 / 5400          400          Shadan Lund          5400
3000            Upper Sindh           5350/  5400         1400          Tonsa Sharif         5400
200             Samundari                5350              600          Ahmed Pur            5400
400             Bahawal Nagar            5350              400          Qutab Pur            5400
200             Gaggo Mandi              5350              1000         Burewala             5400
200             Dahran Wala              5350              1000         Layyah               5400
200             Arif wala                5350              2000         Rajan Pur         5400/ 5450
800             Chichawatni              5375              400          Fazal Pur            5400
1200            Haroonabad            5375/ 5400           1600         Kwl               5400 / 5425
400             Tobe Tek Singh           5375              800          Mian Chanu        5400 / 5425
800             Mian Wali                5375              600          Vehari               5400
200             Esa Khail                5400

                                                      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(p)             15,702,309
July,2014                                                6,335       Non Listed Mill consumption      17,647
                                                       260,639
                                                                                           Total:- 15,719,956
Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on October 01, 2014                                                     Date; October 15,2014
                                        In Bales
                        Punjab             Sindh         Pakistan
Total Arrivals         1,979,291          2,155,805      4,135,096       Country   selling     Buying      Sight
Sales to TCP               -                -             -
"to Exporters              2,600            146,928        149,528         USA     102.70      102.50     102.29
"to Mills              1,643,403          1,678,199      3,321,602
Unsold Stocks as on 01-10-2014                             663,966      Source:  National Bank of Pakistan
Source: PCGA

                                       SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 01.10.2014
                                                         2013-14                                  2012-13 
                                          PUNJAB         SINDH            TOTAL        PUNJAB       SINDH       TOTAL
Total Arrival:                          1,979,291      2,155,805         4,135,096    1,493,505    2,190,784   3,684,289
Difference in bales
%                                           32.53          -1.60             12.24
Flow during this fortnight                 788,611       595,922         1,384,633
Sales to TCP                                 -             -                -
Sales to Exporters                           2,600        146,928          149,528       12,000      123,600     135,600
Sales to Mills                           1,643,403      1,678,199        3,321,602    1,245,171    1,715,635   2,960,806
Unsold stocks                                                              663,966                               587,883

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 15-10-2014 appeared first on Business News Pakistan.

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