The spot rate at the Karchi Cotton Association today remained unchanged at Rs 2375, according to the official press release.
Spot transaction rates for APE and Upper Sindh remained higher at Rs2400 and Rs2425, respectively.
KCA has informed that 11,246,043 bales have arrived from Punjab and Sindh as of January 1, 2006 with sales to exporters reaching 59,700 bales and mills sales crossing 8,517,841 bales.
Mills raw cotton consumption has reached 11,386,686 bales during the August '04 to June '05 period, the release mentioned.
Total unsold stock is 2,668,502 bales.
Karachi Cotton Association provides suitable contract forms for business, eg Ready, Specific delivery, Factory Selection, Hedge Contact, Foreign Contacts etc.
It adjudicates in case of disputes, publishes spot rates, settles deals, and facilitates cotton transactions besides comparing standards of Pakistan cotton with standards of other countries.
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
