DOMESTIC SALE QUOTES FOR COTTON SEASON 2009-10 FOR VARIETIES AND GRADES 

FOR 7th September, 2010

Branch
 Variety/Grade Staple length (mm) Micro Rate Rs.PCS
Bhatinda J-34 SG SPL 28.0 4.0-4.8 NQ
J-34 SG SUP 27.5 4.0-4.8 NQ
Sirsa J-34 SG SPL 27.0 3.8-4.8 NQ
Srigananagar J-34 SG SUP 25.0 3.8-4.8 NQ
Ahmedabad V-797 Ready B/s - - NQ
Guntur BB PRM MOD 30.0 3.3-4.3 NQ
Warangal BB PRM MOD 30.0 3.3-4.3 NQ
Adilabad BB PRM MOD 30.0 3.5-4.3 NQ

       For Depot Sale:-  

1)  2% in lieu of CST will be added to spot sale price.

2)  Expenses incurred on transit insurance, handling charges, transportation charges from dispatch Branch to Depot and any other levy in Tamil Nadu shall be recovered from the Buyer on actual basis.

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.

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

Emails:

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

Fax Nos: 022 27565144 / 022 27579219 / 022 27576069

1.                  FREE PERIOD FOR DOMESTIC SALES FOR MILL BUYERS W.E.F. 1.10.2009. SALE TO COTTON TRADERS DEFFERED W.E.F. 6.4.2010.

Quantity

Free Period

Upto 599 bales

15 days from the date of contract

600 to 2,999 bales

30 days from the date of contract

3,000 bales & above

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

 

 2.      FREE PERIOD TO MILL BUYERS & INSTITUTIONAL BUYERS FOR SALES UNDER ‘DEPOT SALE SCHEME’ W.E.F. 8.2.2010

Quantity

Free Period

Upto 599 bales

15 days from the date of contract

600 bales

30 days from the date of contract

 3.       SALE FOR EXPORTERS AGAINST “H” FORM DEFFERED W.E.F. 6.4.2010.

          

 4.            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.

 5.            CARRYING CHARGES W.E.F. 1.10.2009

After expiry of the free period, the buyer would have to pay carrying charges @ 1.20% per month per 30 days for first 60 days and thereafter @ 1.30% per month per 30 days till the delivery of the cotton. 

6.            LIFTING OF COTTON

The buyer will have to lift the cotton within 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 make advance payment of carrying charges 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  

 7.         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 5.00 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 11.30 Hours the following day.

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