DOMESTIC SALE QUOTES FOR COTTON SEASON 2008-09 FOR VARIETIES AND GRADES

FOR 30th SEPTEMBER, 2009

Branch
Variety/Grade Staple length (mm) Micro Rate Rs.PCS

Bhatinda

J-34 DR SPL 28.0 3.8-4.8 22200 **
J-34 DR SEL 27.5 3.8-4.8 22000 **
J-34 SG SPL 28.0 3.8-4.8 22000 **
J-34 SG SEL 27.5 3.8-4.8 21700 **

Sirsa

J-34 RG SPL 27.0 3.6-4.5 # 21700
J-34 SG SPL 26.5 3.6-4.5 21500
J-34 SG SUP 26.0 3.6-4.5 # 21300

Sriganganagar

J-34 SG SPL 25.5 3.4-4.5 # 21000
J-34 SG SUP 24.5 3.4-4.5 20100

Rajkot

S-6 SUP 28.0 3.3-4.2 22500

Ahmedabad

S-6 SUP 28.0 3.3-4.2 22500
S-6 A 27.0 3.2-4.0 21600

Guntur

BB PRM MODERN 30.0 3.2-4.2 22700
BB PRM CONV 30.0 3.2-4.2 22400
MECH MODERN 28.0 3.1-3.8 22100
MECH CONV 28.0 3.1-3.8 21800

Warangal

BB PRM MODERN 30.0 3.2-4.2 22700

Adilabad

BB PRM MODERN 30.0 3.1-4.0 22000
BB PRM CONV 30.0 3.1-4.0 21800
MECH MODERN 28.0 3.1-3.8 21500

Rayagada

BB PRM MODERN 30.0 3.2-4.0 22700
BB PRM CONV 30.0 3.2-4.0 22400
MECH MODERN 28.0 3.1-3.8 22100

Hubli

BB PRM CONV 30.0 3.2-4.0 22600

#  Limited Quantity (403 b/s J-34 RG SPL, 150 b/s J-34 SG SUP & 176 b/s J-34 SG SPL). 

Above price quotations are only indicative and not offers from CCI. Final quotations shall be given only on receipt of the firm offers from the buyers. Further, the above quality parameters are indicative only and the buyers should satisfy themselves in this regard before giving offer/completing selection.

**   The above rates are for sale within the State of Punjab.  For all sales outside Punjab State, the sale rates will be 2% extra over the above quoted rates.

Offers can be sent on any of the following E-mails/Fax Nos.

Emails:

1) gmsales@cotcorp.com  2) cgmmkt@cotcorp.com 3) dmktg@cotcorp.com

Fax Nos: 022 27565144 / 022 27579219 / 022 27576030

 

1.                  FREE PERIOD AND BULK DISCOUNT (FOR DOMESTIC SALES) FOR MILL BUYERS & COTTON TRADERS W.E.F. 22.7.2009 

Quantity

Free Period

Bulk Quantity Discount

Upto 599 bales

15 days from the date of contract

-

600 to 2,999 bales

30 days from the date of contract

-

3,000 to 5,999 bales

* 60 days equally

Rs.250/- PC

6,000 to 9,999 bales

* 60 days equally

Rs.350/- PC

10,000 to 24,999 bales

* 60 days equally

Rs.400/- PC

25,000 to 49,999 bales

* 60 days equally

Rs.450/- PC

50,000 to 1,99,999 bales

* 60 days equally

Rs.500/- PC

2,00,000 bales & above

* 60 days equally

Rs.650/- PC

 * For sale of 3000 bales and above, the quantity for availing free period will be divided equally every 30 days.

 ** For cotton traders the minimum quantity for sale would be 1500 bales

 

 2.         FREE PERIOD FOR EXPORTERS AGAINST “H” FORM W.E.F. 25.2.2009 

Quantity

Free Period

1500 bales to 2999 bales

30 days from the date of contract

 

3000 bales or above

60 days from the date of contract proportionately i.e. 30 days for 50% of the total approved quantity and 60 days for balance 50% of the total approved quantity.

            #   There will be no bulk quantity discount  

 3.            DEPOSIT MONEY:

a)            Existing mill buyers, will have to pay within 10 working days a minimum of Rs.500/- per bale as Deposit.  In case of GSF facility the buyer would be required to pay additional deposit of Rs.500/- per bale.

b)         For new buyers who are approaching CCI for the first time, the amount of deposit would be Rs.1000/- per bale, which is to be paid within 10 working days.

c)         For cotton traders the amount of deposit money would be Rs.1000/ per bale which is to be paid within 7 working days.  

d)     For Exporters the amount of deposit money would be Rs.1000/- per bale which is to be paid within 7 working days.

 4.            CARRYING CHARGES W.E.F. 16.3.2009

After expiry of the free period, the buyer would have to pay carrying charges @ 1.40% per month per 30 days for first 60 days and thereafter @ 1.50% per month per 30 days till the delivery of the cotton. 

5.            LIFTING OF COTTON

The buyer will have to lift the cotton before the end of the free delivery period. In case the buyer wants the Corporation to carry the cotton on his behalf beyond the free delivery period, he will have to deposit further amount and make a written request to the Corporation. For further detailed terms and conditions for lifting of the cotton, please visit CCI’s website www.cotcorp.gov.in  

 6.         OTHER TERMS AND CONDITIONS

For other sales terms and conditions like selection of bales, cash discount, late lifting charges, rate of interest etc. please visit our website www.cotcorp.gov.in

General :

1. While giving Offers Buyers should give their offers for specific variety, Branch and Quantity.

2.  Offers received upto 5.30 p.m. will only be considered for the day. Offers received after the due time shall automatically lapse. In such cases, Buyers need to give fresh offers next day.

3.   All offers received during the day shall be considered together in P&S Committee Meeting after 5.30 p.m.

4.   Acceptance of counters should be communicated by 13.00 Hours the following day.

5. The Corporation reserves its rights to accept offer either in full or in part entirely at its sole discretion.