November 8, 2012 / 1:07 PM / 5 years ago

TABLE-Karachi Cotton Association prices - Nov 8

KARACHI, Nov 8 (Reuters) - The Karachi Cotton Association on Thursday fixed
the official spot rate
or base price, for Grade 3 cotton at 6,269 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 5,700 to
6,175 rupees per maund.   
  Following are the grade and staple margins for the period November 1 to 15:   
   
 GRADE                     STAPLE LENGTH
 
         31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       n/a      n/a      n/a      n/a      n/a
 1       n/a       n/a      n/a      +107     +268     +322
 2       n/a       n/a      0        +54      +161     +214
 3       n/a       n/a      -107     BASE     +107     +161
 4       n/a       n/a      -214     -107     0        n/a
 5       n/a       n/a      -322     -214     n/a      n/a
 
 (Compiled by the Karachi newsroom)

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