Karachi Cotton Association Official Spot Rate for Local Dealings in Pak Rupees – Press Release issued by Karachi Cotton Association

Karachi, November 27, 2012 (PPI-OT):

CROP 2012-2013

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

RateEx-Gin PriceUp-countrySpot RateSpot RateDifference
forExpensesEx-KarachiEx. KHI. As on
26.11.2012Ex-Karachi
37.324 kg

5,800

155

5,955

5,955

NIL
Equivalent
40 kgs

6,216

155

6,371

6,371

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.

New York Cotton Market Closing Delivery Contract No.2

Dated: November 26, 2012

ContractOpenHighLowPreviousCloseChange
Dec., 12

70.45

71.76

7.13

69.83

71.26

+1.43

Mar., 13

71.60

72.98

71.47

71.43

72.62

+1.19

May., 13

72.31

73.79

72.30

72.21

73.45

+1.24

July., 13

73.75

74.74

73.33

73.22

74.40

+1.18

Oct., 13

0.00

0.00

76.08

74.90

76.08

+1.18

Dec., 13

76.09

76.84

75.51

75.45

76.63

+1.18

 

Cotlook Indices

China Cotton index

Dated: November 26, 2012

Dated: November 27, 2012

A – Index

80.70

Index 328

18875 (+13)

A – Index Plus

81.11

Index 229

19769 (+15)

PART – II

(DOMESTIC TRANSACTION)

Dated: November 27, 2012

2012 – 2013 CROP

BalesStationRateBalesStationRate

700

Sanghar

5500

1000

Burewala

5850/5900

2000

khair Pur

5850/5900

600

Kabbir wala

5850/5900

1000

Upper Sindh

5900/5950

1000

Chistian

5850/5900

200

Shujabad

5750

200

Ali Pur

5875

200

Khanewal

5800

1200

Ahmed Pur

5875

200

Yazman Mandi

5800

200

Mian Chano

5900

400

Hasil Pur

5800

1000

Dera Ghazi Khan

5900/6000

600

Haroonabad

5850

400

Rajan Pur

5950

PART – III

(EXPORTS)

RegistrationShipments: –
PERIOD – (MY 2012-13)CROPBALESPERIOD – (2012-13)CROPBales
01-08-12 to 23-11-122011-201219,46801-08-12 to 23-11-122011-1265,201
01-08-12 to 23-11-122012-2013266,43401-08-12 to 23-11-122012-13125,442
Total:-245,902Total:-190,643
Source: Trade Development Authority of PakistanSource: Trade Development Authority of Pakistan

 

PART -IVPART – V
(IMPORTS)(Mills Consumption of Raw Cotton)
Cotton Season 2012-2013
PERIOD – (MY 2012-13)Qty. in MTMonthBales
Aug., to Sept., 201230,791August 2012983,459
October, 201217,105September 2012988,235
Total :-47,896Total:-1,971,694
Source: Federal Bureau of Statistics
Specially obtained from Department of Plant Protection.G.O.P.Source: Textile Commissioner’s Organization

 

PART – VIPART – VII
(ARRIVAL CROP 2012-13)(COMPOSITE EXCHANGE RATES)
As on Novmeber 15, 2012Date; November 27, 2012
In Bales
PunjabSindhPakistanCountrySellingBuyingSight
Total Arrivals5,723,2662,795,8098,519,075
Sales to TOPUSA96.1095.9095.70
“to Exporters20,688122,040142,728
“to Mills4,600,6112,059,0526,659,663
Unsold Stocks as on 05-11-20121,716,684Source:  National Bank of Pakistan
Source: PCGA

SUMMARY OF COTTON ARRIVAL IN 2012-13 AND 2011-12 AS ON 15.11.2012

2012-132011-12
PUNJABSINDHTOTALPUNJABSINDHTOTAL
Total Arrival:

5,723,266

2,795,809

8,519,075

6,086,620

1,882,199

7,968,819

Difference in bales

-363,354

+913,610

+550,256

%

-5.97

+48.54

+6.91

Flow during this fortnight

1,420,167

247,852

1,668,019

Sales to TCP

Sales to Exporters

20,688

122,040

142,728

114,988

129,994

244,982

Sales to Mills

4,600,611

2,059,052

6,659,663

4,744,007

1,039,353

5,783,360

Unsold stocks

1,716,684

1,940,477

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

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