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 › General › Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 25-11-2014

Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees of 25-11-2014

Web Desk November 25, 2014     No Comment     General

Karachi, November 25, 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.
                                                                            24,11.2014          Ex.Karachi
37.324 kg                   4,800             150            4,950              4,950             NIL

Equivalent
40 kgs                      5,144             160            5,304              5,304             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; November 25,2014
                                                          2014-2015 CROP
Bales              Station                  Rate             Bales             Station                    Rate
200                Windar                   4450              1000             Ali Pur                    5000
1000               Khair Pur             4680/4685            2000             Ahmed Pur              5000 / 5050
600                Chichawatni              4800               800             Jatoi                      5000
400                Gojra                    4800               800             Shehar Sultan              5000
200                Vehari                   4800              1800             NoorPur                    5000
400                Burewala                 4800               200             Karor Lal Esan             5025
400                Hasil Pur                4900              1400             Layyah                     5050
200                Khichi wala              4950               600             Rajan Pur              5050 / 5075
600                Fort Abbas               4950              1000             RahimyarKhan               5100
600                Haroonabad            4950/4975             400             FazilPur                   5100
500                Tonea Sharif             4575               400             Muhnmmed Pur               5100
500                Shujabad                 5000              1400             Mian wali                  5100

                                                              PART - III
                                                              (EXPORTS)
Registration:-                                                     Shipments:-
PERIOD - (MY 2014-15)              CROP                BALES          PERIOD- (MY 2014-15)           CROP          Bales
01-08-14 to 15-11-14            2013 - 2014            9,590
01-08-14 to 15-11-14            2014 - 2015          336,784          01-08-14 to 15-11-14          2013-14         5,354

                                                                      01-08-14 to 15-11-14          2014-15       219,789
                                       Total;-       346,374                                          Total;-     225,143
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 2014-15)                               Qty. in MT                 Month                          Bales
Aug,to Sept.,2014                                                         Aug,to July,2014(p)              15,702,309
October,2014                                           16,132             Non Listed Mill consumption          17,647
                                                        7,813
                                                                                            Total:-         15,719,956

Source: Pakistan Bureau of Statistics                             Source: Textile Commissioner's Organization

(ARRIVAL CROP 2014-15)                                                     (COMPOSITE EXCHANGE RATES)
As on November 15, 2014                                                      Date; November 25,2014
                                In Bales
                        Punjab              Sindh          Pakistan
Total Arrivals          6,985,213           3452,860      10,438,073      Country    selling      Buying     Sight
Sales to TCP               -                -             -
"to Exporters              29,820             244,160        273,980        USA      101.50       101.30     101.09
"to Mills               5,343,636           2,420,588      7,764,224
Unsold Stocks as on  15-11-2014                            2,399,869        Source:  National Bank of Pakistan
Source: PCGA

                                          SUMMARY OF COTTON ARRIVAL IN 2014-15 AND 2013-14 AS ON 15.11.2014
                                                         2014-15                                 2013-14
                                         PUNJAB          SINDH          TOTAL          PUNJAB       SINDH        TOTAL
Total Arrival:                          6,985,213      3,452,860     10,438,-073      6,204,334    3,313,796    9,518,130
Difference in bales                       780,879        139,064        919,943
%                                          12.59           4.20           9.67
Flow during this fortnight              1,748,637        307,017      2,055,654
Sales to TCP                                 -              -             -
Sales to Exporters                         29,820         244,160       273,980         50,270       186,450      236,720
Sales to Mills                          5,343,636       2,420,558     7,764,224      4,896,437     2,409,688    7,306,125
Unsold stocks                                                         2,399,869                                 1,975,285

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 25-11-2014 appeared first on AsiaNet-Pakistan.

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