Karachi Cotton Association prices - May 10

KARACHI, May 10 (Reuters) - The Karachi Cotton Association
on Saturday fixed the official spot rate, or base price, for
Grade 3 cotton at 3,617 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
May 2 to 15.
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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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