December 8, 2014 / 11:48 AM / 3 years ago

TABLE-Karachi Cotton Association prices - Dec 8

KARACHI, Dec 8 (Reuters) - The Karachi Cotton Association on Monday fixed
the official spot rate
or base price for Grade 3 cotton at 4,983 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 4,650 to
4,900 rupees per maund.   
   Following are the grade and staple margins for December 1 to 15:        
         1/32"     1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   -161      -107     +54      +214     +429     +536
 1       -214      -161     -54      +161     +375     +482
 2       -268      -214     -107     +107     +322     +429
 3       -322      -268     -214     BASE     +268     +375
 4       -750      -697     -643     -429     -161     -54
 5       -857      -804     -750     -536     -268     -161
 
 (Compiled by the Karachi newsroom)

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