February 3, 2014 / 12:47 PM / 4 years ago

TABLE-Karachi Cotton Association prices - Feb 3

Karachi, PAKISTAN, Feb 3 (Reuters) - The Karachi Cotton Association on
Monday fixed the official spot rate
or base price for Grade 3 cotton at 7,448 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 6,950 to
7,125 rupees per maund.   
    Following are the grade and staple margins for January 15 to 31:       
 GRADE                     STAPLE LENGTH
 
         31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   -536      -455     -375     +161     +375     +509
 1       -616      -536     -429     +107     +295     +429
 2       -697      -589     -482     +54      +214     +348
 3       -777      -670     -563     BASE     +161     +268
 4       -938      -831     -723     -161     +54      +161
 5       -1045     -938     -831     -214     -54      +54
 
 (Compiled by the Karachi newsroom)

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