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        EXPORT SALE QUOTES FOR COTTON SEASON 
 2009-10

Date: 11.03.2010

 

SR. NO.

BRANCH

VARIETY / GRADE

INDICATIVE PARAMETERS

FOB Ex-NAVI MUMBAI QUOTES IN US CENTS/LB

CNF Ex-BENAPOLE, QUOTES IN US CENTS/LB 

STAPLE LENGTH (mm)

MIC

1

2

3

4

5

6

    7
1. Bhatinda J-34 DR SPL 28.0 4.0-4.8 84.55* 84.80*
2. Sriganganagar J-34 SG SPL 26.5 3.8-4.8 80.60* 81.45*
J-34 SG SUP 25.0 3.8-4.8 80.05* 80.90*
3. Bhilwara H-4 SUP 28.0 3.7-4.7 81.60* 83.35*
4. Akola H-4 SUP (MOD) 28.0 3.6-4.5 79.95* 81.75*
5. Aurangabad BB SPL (MOD) 29.0 3.5-4.3 81.10* 83.15*
6. Guntur BB PRM (MOD) 30.0 3.5-4.3 83.50* 84.25*
7. Warangal BB PRM (MOD) 30.0 3.5-4.3 83.50* 84.75*
8. Adilabad BB PRM (MOD) 30.0 3.5-4.3 82.65* 84.00*
9. Rayagada BB PRM (MOD) 30.0 3.5-4.3 85.55* 84.15*

*Only limited stock is available for export sale purpose.

Notes:

1.  DEPOSIT MONEY:
    All buyers who have purchased minimum 15,000 bales or more in the  last  five  seasons on  FOB basis, 
     shall  be required  to   pay  @ 2.5 US C/lb  and  other  buyers shall  be required to pay  @  4.0 US C/lb as 
     deposit money within 10  working  days  (excluding closed/Bank holidays) from the  Date of  contract. 
     In case the buyer do not wish  to pay  above  deposit money then they shall have to  open  L/c for  full 
     contracted value within the aforesaid period of 10 working days.

 2. FREE PERIOD:
    The buyer shall be entitled to the following free shipment period from the date of contract:

Qty. (in Bales)

Free Period from date of contract 

Up to 49999

45 days

50000 & above

60 days

    The buyer could be allowed shipment beyond this free period subject to payment of carrying charges 
    @ 0.90 %  p.m. for the first 60 days and thereafter @ 1.0 % p.m. on  monthly  rest  basis till  date  of 
    Bill of Lading. The maximum carry over of cotton is restricted to 180 days from the date of contract. 

 3. GENERAL:

     1.  The above price quotations are only indicative and not offers from  CCI.

     2.   The final price shall be given only on receipt of firm offers from buyers.

     3.   For detailed export sale terms & conditions, please visit our website  http:// www.cotcorp.gov.in. 

     4.  Offers/ bids are accepted  upto 5.30 p.m. on all working days from Monday to Friday.

     5.  Acceptance of the offers/ counters is e-mailed / faxed / intimated over phone on same day.  In 
          case of counters, buyers have to revert to these counters latest by 13.00 hrs (IST) the next day. 
          No counters are however, given on Friday.

     6. The Corporation reserves its right to reject any offer/bid either in part or full without assigning 
         any reason.