July 6, 2015 / 10:24 AM / 2 years ago

TABLE-Karachi Cotton Association prices - July 6

KARACHI, July 6 (Reuters) - The Karachi Cotton Association on Monday fixed
the official spot rate,
or base price, for Grade 3 cotton at 5,198 rupees per maund (40 kg).
    Grade 3 cotton has a staple length of 1-1/16" 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 4,865 to
5,200 rupees per maund.        
   Following are the grade and staple margins for July 1 to July 30:        
 GRADE   31/32"    1"       1-1/32"  1-1/16"  1-3/32"  1-1/8"
                                                       
 Super   n/a       n/a      214      322      429      536
 1       n/a       n/a      107      214      322      429
 2       n/a       n/a      0        107      214      322
 3       n/a       n/a      -107     BASE     107      214
 4       n/a       n/a      -214     -107     0        107
 5       n/a       n/a      n/a      n/a      n/a      n/a
             

 (Compiled by the Karachi newsroom)

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