September 11, 2013 / 11:39 AM / 4 years ago

TABLE-Karachi Cotton Association prices - Sept 11

KARACHI, Sept 11 (Reuters) - The Karachi Cotton Association on Wednesday
fixed the official spot rate
or base price, for Grade 3 cotton at 7,180 rupees per maund (40 kg).
    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 6,700 to
6,850 rupees per maund.   
  Following are the grade and staple margins for September 1 to 31:       
 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     +161     +214
 2       n/a       n/a      n/a      +54      +118     +171
 3       n/a       n/a      -54      BASE     +54      +107
 4       n/a       n/a      -107     -54      n/a      n/a
 5       n/a       n/a      n/a      n/a      n/a      n/a
 
 (Compiled by the Karachi newsroom)

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