TABLE-Karachi Cotton Association prices - Jan 16

Mon Jan 16, 2012 5:47pm IST

KARACHI, Jan 16 (Reuters) - The Karachi Cotton Association on Monday
fixed the official spot rate	
or base price, for Grade 3 cotton at 5,894 rupees per maund (40 kg).	
    The Grade 3 cotton has a staple length of 1-1/16" (inches) 	
and micronaire value between 3.8 to 4.9 NCL (no control limits) which represents
fine to coarse classes of cotton varieties.	
    In the kerb market the key crop varieties traded in the range of 4,500 to
5,600 rupees per maund.   	
  Following are the grade and staple margins for the period Jan 16 to 31:       	
 GRADE                     STAPLE LENGTH
 
         31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       +107     +214     +429     +536     +643
 1       -107      0        +107     +322     +429     +536
 2       n/a       -214     0        +214     +322     +429
 3       -429      -322     -214     BASE     +214     +322
 4       -1018     -911     -804     -589     -375     n/a
 n/a     -1179     -1072    -965     -750     n/a      n/a
 	
 (Compiled by Karachi Newsroom)
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.

  • Most Popular
  • Most Shared

REUTERS EXCLUSIVE

REUTERS SHOWCASE

Modi In U.S.

Modi In U.S.

Obama, Modi work to deepen improving U.S.-India ties  Full Article | Full Coverage 

Factory Activity

Factory Activity

Factories expand at slowest pace this year in September  Full Article 

Monetary Policy

Monetary Policy

RBI not biased towards either raising or cutting rates - Rajan  Full Article 

Asia & Europe

Asia & Europe

Weak demand hits factory activity across Asia, Europe  Full Article 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device.  Full Coverage