November 14, 2012 / 12:56 PM / 5 years ago

TABLE-Karachi Cotton Association prices - Nov 14

KARACHI, Nov 14 (Reuters) - The Karachi Cotton Association on Wednesday
fixed the official spot rate
or base price, for Grade 3 cotton at 6,323 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
6,200 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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