May 30, 2013 / 12:36 PM / 4 years ago

TABLE-Karachi Cotton Association prices - May 30

KARACHI, May 30 (Reuters) - The Karachi Cotton Association on Thursday fixed
the official spot rate
or base price, for Grade 3 cotton at 6,859 rupees per maund (40 kg).
    Grade 3 cotton has a staple length of 1-1/16" (inches) 
and micronaire value between 3.8 and 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 5,200 to
6,900 rupees per maund.   
  Following are the grade and staple margins for May 15 to 30:       
 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     n/a
 2       n/a       n/a      0        +54      +161     +214
 3       n/a       -857     -429     BASE     +107     +161
 4       n/a       -965     -536     -107     0        n/a
 5       n/a       -1286    -643     -214     n/a      n/a
 
 (Compiled by the Karachi newsroom)

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