Karachi Cotton Association prices - April 19

KARACHI, April 19 (Rteuters) - The Karachi Cotton
Association on Saturday fixed the official spot rate, or base
price, for Grade 3 cotton at 3,537 rupees per maund (40 kg).

The Grade 3 cotton has a staple length of 1-1/32" (inches)
and micronaire value between 3.8 to 4.9 NCL (no control limits)
which represents fine to coarse classes of cotton varieties.

Following are the grade and staple margins for the period
April 16 to 30.
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GRADE STAPLE
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31/32" 1" 1-1/32" 1-1/16" 1-3/32" 1-1/8"
Super NQ +238 +324 +416 +504 +591
1 NQ +132 +225 +308 +396 +490
2 NQ +24 +110 +205 +288 +376
3 NQ -54 BASE +54 +107 +161
4 -299 -207 -120 -28 +62 +146
5 -396 -327 -242 -148 -80 -1.67
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